Biodesix Return On Assets from 2010 to 2024

BDSX Stock  USD 1.43  0.01  0.69%   
Biodesix Return On Assets yearly trend continues to be fairly stable with very little volatility. Return On Assets will likely drop to -0.55 in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Biodesix earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
(0.53)
Current Value
(0.55)
Quarterly Volatility
0.12261348
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Biodesix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Biodesix's main balance sheet or income statement drivers, such as Interest Income of 25.9 K, Depreciation And Amortization of 3.2 M or Interest Expense of 6.5 M, as well as many indicators such as Price To Sales Ratio of 2.92, Dividend Yield of 0.0 or PTB Ratio of 34.64. Biodesix financial statements analysis is a perfect complement when working with Biodesix Valuation or Volatility modules.
  
Check out the analysis of Biodesix Correlation against competitors.
For more information on how to buy Biodesix Stock please use our How to Invest in Biodesix guide.

Latest Biodesix's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Biodesix over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Biodesix's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Biodesix's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Pretty Stable
   Return On Assets   
       Timeline  

Biodesix Return On Assets Regression Statistics

Arithmetic Mean(0.64)
Coefficient Of Variation(19.14)
Mean Deviation0.08
Median(0.67)
Standard Deviation0.12
Sample Variance0.02
Range0.564
R-Value0.26
Mean Square Error0.02
R-Squared0.07
Significance0.35
Slope0.01
Total Sum of Squares0.21

Biodesix Return On Assets History

2024 -0.55
2023 -0.53
2022 -0.87
2021 -0.58
2020 -0.3
2019 -0.75

About Biodesix Financial Statements

Biodesix investors use historical fundamental indicators, such as Biodesix's Return On Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Biodesix. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets(0.53)(0.55)

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Additional Tools for Biodesix Stock Analysis

When running Biodesix's price analysis, check to measure Biodesix's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Biodesix is operating at the current time. Most of Biodesix's value examination focuses on studying past and present price action to predict the probability of Biodesix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biodesix's price. Additionally, you may evaluate how the addition of Biodesix to your portfolios can decrease your overall portfolio volatility.