MDxHealth Return On Equity from 2010 to 2024

MDXH Stock  USD 2.00  0.04  2.04%   
MDxHealth's Return On Equity is decreasing with slightly volatile movements from year to year. Return On Equity is estimated to finish at -5.68 this year. Return On Equity is a measure of the profitability of MDxHealth SA ADR 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
(5.98)
Current Value
(5.68)
Quarterly Volatility
2.25750773
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MDxHealth financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MDxHealth's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.2 M, Interest Expense of 5.9 M or Selling General Administrative of 24.2 M, as well as many indicators such as Price To Sales Ratio of 1.38, Dividend Yield of 0.0 or PTB Ratio of 14.87. MDxHealth financial statements analysis is a perfect complement when working with MDxHealth Valuation or Volatility modules.
  
Check out the analysis of MDxHealth Correlation against competitors.

Latest MDxHealth's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of MDxHealth SA ADR over the last few years. Return on Equity is the amount of MDxHealth SA ADR net income returned as a percentage of MDxHealth equity. Return on equity measures MDxHealth profitability by revealing how much profit MDxHealth SA ADR 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. MDxHealth's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MDxHealth's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -2.4110 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

MDxHealth Return On Equity Regression Statistics

Arithmetic Mean(2.01)
Coefficient Of Variation(112.29)
Mean Deviation1.91
Median(0.66)
Standard Deviation2.26
Sample Variance5.10
Range5.7297
R-Value(0.75)
Mean Square Error2.42
R-Squared0.56
Significance0
Slope(0.38)
Total Sum of Squares71.35

MDxHealth Return On Equity History

2024 -5.68
2023 -5.98
2022 -5.39
2020 -5.13
2019 -2.19
2018 -0.62
2017 -0.28

About MDxHealth Financial Statements

Investors use fundamental indicators, such as MDxHealth's Return On Equity, to determine how well the company is positioned to perform in the future. Although MDxHealth's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Return On Equity(5.98)(5.68)

Currently Active Assets on Macroaxis

When determining whether MDxHealth SA ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MDxHealth's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mdxhealth Sa Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mdxhealth Sa Adr Stock:
Check out the analysis of MDxHealth Correlation against competitors.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MDxHealth. If investors know MDxHealth will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MDxHealth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.53)
Revenue Per Share
3.099
Quarterly Revenue Growth
0.205
Return On Assets
(0.11)
Return On Equity
(2.41)
The market value of MDxHealth SA ADR is measured differently than its book value, which is the value of MDxHealth that is recorded on the company's balance sheet. Investors also form their own opinion of MDxHealth's value that differs from its market value or its book value, called intrinsic value, which is MDxHealth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MDxHealth's market value can be influenced by many factors that don't directly affect MDxHealth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MDxHealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if MDxHealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MDxHealth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.