Virax Gross Profit Margin from 2010 to 2024

VRAX Stock  USD 1.97  0.10  4.83%   
Virax Biolabs Gross Profit Margin yearly trend continues to be fairly stable with very little volatility. Gross Profit Margin is likely to outpace its year average in 2024. During the period from 2010 to 2024, Virax Biolabs Gross Profit Margin regression line of annual values had significance of  0.02 and arithmetic mean of  0.32. View All Fundamentals
 
Gross Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.32342618
Current Value
0.34
Quarterly Volatility
0.24017149
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Virax Biolabs financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Virax Biolabs' main balance sheet or income statement drivers, such as Tax Provision of 0.0, Depreciation And Amortization of 97.9 K or Interest Expense of 28.3 K, as well as many indicators such as Price To Sales Ratio of 8.96, Dividend Yield of 0.0 or PTB Ratio of 0.29. Virax financial statements analysis is a perfect complement when working with Virax Biolabs Valuation or Volatility modules.
  
Check out the analysis of Virax Biolabs Correlation against competitors.

Latest Virax Biolabs' Gross Profit Margin Growth Pattern

Below is the plot of the Gross Profit Margin of Virax Biolabs Group over the last few years. It is Virax Biolabs' Gross Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Virax Biolabs' overall financial position and show how it may be relating to other accounts over time.
Gross Profit Margin10 Years Trend
Slightly volatile
   Gross Profit Margin   
       Timeline  

Virax Gross Profit Margin Regression Statistics

Arithmetic Mean0.32
Coefficient Of Variation74.30
Mean Deviation0.18
Median0.46
Standard Deviation0.24
Sample Variance0.06
Range0.6175
R-Value(0.58)
Mean Square Error0.04
R-Squared0.34
Significance0.02
Slope(0.03)
Total Sum of Squares0.81

Virax Gross Profit Margin History

2024 0.34
2023 0.32
2021 -0.16
2020 -0.0762

About Virax Biolabs Financial Statements

Virax Biolabs investors use historical fundamental indicators, such as Virax Biolabs' Gross Profit Margin, 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 Virax Biolabs. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit Margin 0.32  0.34 

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Additional Tools for Virax Stock Analysis

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