Spero Return On Tangible Assets from 2010 to 2024

SPRO Stock  USD 1.36  0.01  0.73%   
Spero Therapeutics Return On Tangible Assets yearly trend continues to be very stable with very little volatility. Return On Tangible Assets are likely to grow to 0.13 this year. 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
0.12503975
Current Value
0.13
Quarterly Volatility
0.64072525
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Spero Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spero Therapeutics' main balance sheet or income statement drivers, such as Interest Income of 4.1 M, Depreciation And Amortization of 348.6 K or Interest Expense of 0.0, as well as many indicators such as Price To Sales Ratio of 0.76, Dividend Yield of 0.0 or PTB Ratio of 0.69. Spero financial statements analysis is a perfect complement when working with Spero Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Spero Therapeutics Correlation against competitors.
To learn how to invest in Spero Stock, please use our How to Invest in Spero Therapeutics guide.

Latest Spero Therapeutics' Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Spero Therapeutics over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Spero Therapeutics' Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Spero Therapeutics' 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  

Spero Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.86)
Coefficient Of Variation(74.54)
Mean Deviation0.58
Median(0.57)
Standard Deviation0.64
Sample Variance0.41
Range1.9809
R-Value0.86
Mean Square Error0.11
R-Squared0.75
Significance0.000032
Slope0.12
Total Sum of Squares5.75

Spero Return On Tangible Assets History

2023 0.13
2022 -0.38
2021 -0.53
2020 -0.51
2019 -0.57
2018 -0.32
2017 -0.49

About Spero Therapeutics Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Spero Therapeutics income statement, its balance sheet, and the statement of cash flows. Spero Therapeutics investors use historical funamental indicators, such as Spero Therapeutics's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Spero Therapeutics investors may use each financial statement separately, they are all related. The changes in Spero Therapeutics's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Spero Therapeutics's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Spero Therapeutics Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Spero Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.13  0.13 

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Additional Information and Resources on Investing in Spero Stock

When determining whether Spero Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Spero Therapeutics' 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 Spero Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Spero Therapeutics Stock:
Check out the analysis of Spero Therapeutics Correlation against competitors.
To learn how to invest in Spero Stock, please use our How to Invest in Spero Therapeutics guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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 Spero Therapeutics. If investors know Spero 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 Spero Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.753
Earnings Share
0.44
Revenue Per Share
2.096
Quarterly Revenue Growth
3.479
Return On Assets
0.1206
The market value of Spero Therapeutics is measured differently than its book value, which is the value of Spero that is recorded on the company's balance sheet. Investors also form their own opinion of Spero Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Spero Therapeutics' 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 Spero Therapeutics' market value can be influenced by many factors that don't directly affect Spero Therapeutics' 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 Spero Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Spero Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spero Therapeutics' 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.