Predictive Return On Assets from 2010 to 2024

POAI Stock  USD 0.81  0.03  3.85%   
Predictive Oncology's Return On Assets are increasing with slightly volatile movements from year to year. Return On Assets are predicted to flatten to -1.02. Return On Assets is a profitability ratio that indicates the percentage of profit Predictive Oncology 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
(0.97)
Current Value
(1.02)
Quarterly Volatility
6.01533906
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Predictive Oncology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Predictive Oncology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 954.9 K, Interest Expense of 12.9 M or Selling General Administrative of 7.1 M, as well as many indicators such as Price To Sales Ratio of 7.05, Dividend Yield of 0.0 or PTB Ratio of 1.52. Predictive financial statements analysis is a perfect complement when working with Predictive Oncology Valuation or Volatility modules.
  
Check out the analysis of Predictive Oncology Correlation against competitors.
For more detail on how to invest in Predictive Stock please use our How to Invest in Predictive Oncology guide.

Latest Predictive Oncology's Return On Assets Growth Pattern

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

Predictive Return On Assets Regression Statistics

Arithmetic Mean(4.79)
Coefficient Of Variation(125.66)
Mean Deviation4.59
Median(2.23)
Standard Deviation6.02
Sample Variance36.18
Range19.6337
R-Value0.61
Mean Square Error24.32
R-Squared0.38
Significance0.02
Slope0.82
Total Sum of Squares506.58

Predictive Return On Assets History

2024 -1.02
2023 -0.97
2022 -1.41
2021 -0.45
2020 -2.89
2019 -1.23
2018 -2.72

About Predictive Oncology Financial Statements

Investors use fundamental indicators, such as Predictive Oncology's Return On Assets, to determine how well the company is positioned to perform in the future. Although Predictive Oncology'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 Assets(0.97)(1.02)

Currently Active Assets on Macroaxis

When determining whether Predictive Oncology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Predictive Oncology'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 Predictive Oncology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Predictive Oncology Stock:
Check out the analysis of Predictive Oncology Correlation against competitors.
For more detail on how to invest in Predictive Stock please use our How to Invest in Predictive Oncology guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Health Care Equipment & Supplies 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 Predictive Oncology. If investors know Predictive 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 Predictive Oncology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.96)
Revenue Per Share
0.416
Quarterly Revenue Growth
(0.43)
Return On Assets
(0.56)
Return On Equity
(1.49)
The market value of Predictive Oncology is measured differently than its book value, which is the value of Predictive that is recorded on the company's balance sheet. Investors also form their own opinion of Predictive Oncology's value that differs from its market value or its book value, called intrinsic value, which is Predictive Oncology'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 Predictive Oncology's market value can be influenced by many factors that don't directly affect Predictive Oncology'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 Predictive Oncology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Predictive Oncology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Predictive Oncology'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.