Doximity Return On Assets from 2010 to 2024

DOCS Stock  USD 53.00  0.39  0.73%   
Doximity Return On Assets yearly trend continues to be comparatively stable with very little volatility. Return On Assets are likely to outpace its year average in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Doximity 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
0.13672925
Current Value
0.17
Quarterly Volatility
0.04432815
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Doximity financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Doximity's main balance sheet or income statement drivers, such as Tax Provision of 39.5 M, Net Interest Income of 22.7 M or Interest Income of 22.7 M, as well as many indicators such as Price To Sales Ratio of 10.04, Dividend Yield of 0.0 or PTB Ratio of 5.29. Doximity financial statements analysis is a perfect complement when working with Doximity Valuation or Volatility modules.
  
Check out the analysis of Doximity Correlation against competitors.
For more information on how to buy Doximity Stock please use our How to Invest in Doximity guide.

Latest Doximity's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Doximity 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. Doximity's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Doximity's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

Doximity Return On Assets Regression Statistics

Arithmetic Mean0.12
Geometric Mean0.11
Coefficient Of Variation37.15
Mean Deviation0.04
Median0.09
Standard Deviation0.04
Sample Variance0
Range0.1236
R-Value0.62
Mean Square Error0
R-Squared0.38
Significance0.01
Slope0.01
Total Sum of Squares0.03

Doximity Return On Assets History

2024 0.17
2023 0.14
2022 0.0992
2021 0.16
2020 0.2
2019 0.21

About Doximity Financial Statements

Doximity shareholders use historical fundamental indicators, such as Return On Assets, to determine how well the company is positioned to perform in the future. Although Doximity investors may analyze each financial statement separately, they are all interrelated. The changes in Doximity's assets and liabilities, for example, are also reflected in the revenues and expenses on on Doximity's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Assets 0.14  0.17 

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Additional Tools for Doximity Stock Analysis

When running Doximity's price analysis, check to measure Doximity'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 Doximity is operating at the current time. Most of Doximity's value examination focuses on studying past and present price action to predict the probability of Doximity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Doximity's price. Additionally, you may evaluate how the addition of Doximity to your portfolios can decrease your overall portfolio volatility.