CVRx Return On Tangible Assets from 2010 to 2024

CVRX Stock  USD 13.91  0.22  1.56%   
CVRx Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to -0.38 in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
(0.36)
Current Value
(0.38)
Quarterly Volatility
0.09845718
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CVRx financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CVRx's main balance sheet or income statement drivers, such as Tax Provision of 108.7 K, Depreciation And Amortization of 548.1 K or Interest Expense of 1.3 M, as well as many indicators such as Price To Sales Ratio of 15.78, Dividend Yield of 0.0 or PTB Ratio of 9.02. CVRx financial statements analysis is a perfect complement when working with CVRx Valuation or Volatility modules.
  
Check out the analysis of CVRx Correlation against competitors.

Latest CVRx's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of CVRx Inc over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. CVRx's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CVRx's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

CVRx Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.44)
Coefficient Of Variation(22.39)
Mean Deviation0.08
Median(0.50)
Standard Deviation0.1
Sample Variance0.01
Range0.2849
R-Value0.70
Mean Square Error0.01
R-Squared0.49
Significance0
Slope0.02
Total Sum of Squares0.14

CVRx Return On Tangible Assets History

2024 -0.38
2023 -0.36
2022 -0.33
2021 -0.28
2020 -0.22

About CVRx Financial Statements

CVRx investors use historical fundamental indicators, such as CVRx's Return On Tangible 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 CVRx. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.36)(0.38)

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Additional Tools for CVRx Stock Analysis

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