Elicio Return On Equity from 2010 to 2024

ELTX Stock   4.88  0.20  3.94%   
Elicio Therapeutics Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of Elicio Therapeutics in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
(3.09)
Current Value
(2.94)
Quarterly Volatility
1.15751379
 
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 Equity Growth Pattern

Below is the plot of the Return On Equity of Elicio Therapeutics over the last few years. Return on Equity is the amount of Elicio Therapeutics net income returned as a percentage of Elicio Therapeutics equity. Return on equity measures Elicio Therapeutics profitability by revealing how much profit Elicio Therapeutics generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Elicio Therapeutics' Return On Equity 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.
ViewLast Reported -3.5310 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Elicio Return On Equity Regression Statistics

Arithmetic Mean(0.61)
Coefficient Of Variation(188.34)
Mean Deviation0.94
Median0.18
Standard Deviation1.16
Sample Variance1.34
Range3.4488
R-Value(0.47)
Mean Square Error1.13
R-Squared0.22
Significance0.08
Slope(0.12)
Total Sum of Squares18.76

Elicio Return On Equity History

2024 -2.94
2023 -3.09
2022 0.28
2020 0.32
2019 0.35
2014 -1.06
2013 0.27

About Elicio Therapeutics Financial Statements

Elicio Therapeutics investors use historical fundamental indicators, such as Elicio Therapeutics' Return On Equity, 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 Equity(3.09)(2.94)

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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.