Lyra Return On Tangible Assets from 2010 to 2024

LYRA Stock  USD 0.32  0  1.00%   
Lyra Therapeutics' Return On Tangible Assets are decreasing over the years with slightly volatile fluctuation. Return On Tangible Assets are expected to dwindle to -0.46. 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
(0.44)
Current Value
(0.46)
Quarterly Volatility
0.24737217
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Lyra Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Lyra Therapeutics' main balance sheet or income statement drivers, such as Net Interest Income of 4.3 M, Interest Income of 4.3 M or Depreciation And Amortization of 264.1 K, as well as many indicators such as Price To Sales Ratio of 106, Dividend Yield of 0.0 or PTB Ratio of 2.77. Lyra financial statements analysis is a perfect complement when working with Lyra Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Lyra Therapeutics Correlation against competitors.
For information on how to trade Lyra Stock refer to our How to Trade Lyra Stock guide.

Latest Lyra Therapeutics' Return On Tangible Assets Growth Pattern

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

Lyra Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.38)
Coefficient Of Variation(65.52)
Mean Deviation0.18
Median(0.24)
Standard Deviation0.25
Sample Variance0.06
Range0.8378
R-Value(0.52)
Mean Square Error0.05
R-Squared0.27
Significance0.05
Slope(0.03)
Total Sum of Squares0.86

Lyra Return On Tangible Assets History

2024 -0.46
2023 -0.44
2022 -0.5
2021 -0.77
2020 -0.27
2019 -1.08

About Lyra Therapeutics Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Lyra Therapeutics income statement, its balance sheet, and the statement of cash flows. Lyra Therapeutics investors use historical funamental indicators, such as Lyra Therapeutics's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Lyra Therapeutics investors may use each financial statement separately, they are all related. The changes in Lyra Therapeutics's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Lyra 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 Lyra Therapeutics Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Lyra Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.44)(0.46)

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Additional Information and Resources on Investing in Lyra Stock

When determining whether Lyra Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lyra 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 Lyra Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lyra Therapeutics Stock:
Check out the analysis of Lyra Therapeutics Correlation against competitors.
For information on how to trade Lyra Stock refer to our How to Trade Lyra Stock guide.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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 Lyra Therapeutics. If investors know Lyra 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 Lyra Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.17)
Revenue Per Share
0.03
Quarterly Revenue Growth
0.298
Return On Assets
(0.38)
Return On Equity
(0.96)
The market value of Lyra Therapeutics is measured differently than its book value, which is the value of Lyra that is recorded on the company's balance sheet. Investors also form their own opinion of Lyra Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Lyra 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 Lyra Therapeutics' market value can be influenced by many factors that don't directly affect Lyra 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 Lyra Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lyra Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lyra 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.