Elicio Return On Assets from 2010 to 2024

ELTX Stock   4.88  0.20  3.94%   
Elicio Therapeutics Return On Assets yearly trend continues to be fairly stable with very little volatility. Return On Assets will likely drop to -1.36 in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Elicio Therapeutics 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
(1.30)
Current Value
(1.36)
Quarterly Volatility
0.5887325
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Elicio Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Elicio Therapeutics' main balance sheet or income statement drivers, such as Interest Income of 391.6 K, Depreciation And Amortization of 828.2 K or Selling General Administrative of 6.8 M, as well as many indicators such as Price To Sales Ratio of 0.57, Dividend Yield of 0.0 or PTB Ratio of 3.89. Elicio financial statements analysis is a perfect complement when working with Elicio Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Elicio Therapeutics Correlation against competitors.
For more information on how to buy Elicio Stock please use our How to Invest in Elicio Therapeutics guide.

Latest Elicio Therapeutics' Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Elicio Therapeutics 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. Elicio Therapeutics' Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Elicio Therapeutics' 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  

Elicio Return On Assets Regression Statistics

Arithmetic Mean(0.77)
Coefficient Of Variation(76.86)
Mean Deviation0.44
Median(0.75)
Standard Deviation0.59
Sample Variance0.35
Range1.8392
R-Value(0.89)
Mean Square Error0.08
R-Squared0.79
Slope(0.12)
Total Sum of Squares4.85

Elicio Return On Assets History

2024 -1.36
2023 -1.3
2022 -1.24
2021 -1.78
2020 -0.8
2019 -1.39

About Elicio Therapeutics Financial Statements

Elicio Therapeutics investors use historical fundamental indicators, such as Elicio Therapeutics' 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 Elicio Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets(1.30)(1.36)

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Additional Tools for Elicio Stock Analysis

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