Mednax Return On Assets from 2010 to 2024

MD Stock  USD 8.81  0.11  1.23%   
Mednax's Return On Assets are decreasing over the years with slightly volatile fluctuation. Overall, Return On Assets are projected to go to -0.03 this year. Return On Assets is a profitability ratio that indicates the percentage of profit Mednax Inc 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
(0.03)
Current Value
(0.03)
Quarterly Volatility
0.11178578
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mednax financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mednax main balance sheet or income statement drivers, such as Depreciation And Amortization of 34.2 M, Interest Expense of 24.4 M or Total Revenue of 1.5 B, as well as many exotic indicators such as Price To Sales Ratio of 0.37, Dividend Yield of 0.35 or PTB Ratio of 0.87. Mednax financial statements analysis is a perfect complement when working with Mednax Valuation or Volatility modules.
  
This module can also supplement Mednax's financial leverage analysis and stock options assessment as well as various Mednax Technical models . Check out the analysis of Mednax Correlation against competitors.

Latest Mednax's Return On Assets Growth Pattern

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

Mednax Return On Assets Regression Statistics

Arithmetic Mean0.04
Geometric Mean0.06
Coefficient Of Variation276.20
Mean Deviation0.07
Median0.05
Standard Deviation0.11
Sample Variance0.01
Range0.5434
R-Value(0.61)
Mean Square Error0.01
R-Squared0.37
Significance0.02
Slope(0.02)
Total Sum of Squares0.17

Mednax Return On Assets History

2024 -0.0259
2023 -0.0272
2022 0.0283
2021 0.0481
2020 -0.002861
2019 -0.28
2018 0.0453

About Mednax Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Mednax income statement, its balance sheet, and the statement of cash flows. Mednax investors use historical funamental indicators, such as Mednax's Return On Assets, to determine how well the company is positioned to perform in the future. Although Mednax investors may use each financial statement separately, they are all related. The changes in Mednax's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Mednax'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 Mednax Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Mednax. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets(0.03)(0.03)
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Mednax in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Mednax's short interest history, or implied volatility extrapolated from Mednax options trading.

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When determining whether Mednax Inc is a strong investment it is important to analyze Mednax's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Mednax's future performance. For an informed investment choice regarding Mednax Stock, refer to the following important reports:
Check out the analysis of Mednax Correlation against competitors.
Note that the Mednax Inc information on this page should be used as a complementary analysis to other Mednax's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. 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.

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Is Mednax's industry 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 Mednax. If investors know Mednax 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 Mednax 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
(0.31)
Revenue Per Share
24.265
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0432
Return On Equity
(0.07)
The market value of Mednax Inc is measured differently than its book value, which is the value of Mednax that is recorded on the company's balance sheet. Investors also form their own opinion of Mednax's value that differs from its market value or its book value, called intrinsic value, which is Mednax'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 Mednax's market value can be influenced by many factors that don't directly affect Mednax'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 Mednax's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mednax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mednax'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.