Singular Return On Equity from 2010 to 2024
| OMIC Stock | USD 0.32 0.03 8.54% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter (0.53) | Current Value (0.50) | Quarterly Volatility 0.42482293 |
Check Singular Genomics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Singular Genomics' main balance sheet or income statement drivers, such as Net Interest Income of 7.7 M, Interest Income of 8.9 M or Depreciation And Amortization of 7.6 M, as well as many indicators such as Price To Sales Ratio of 10.93, Dividend Yield of 0.0 or PTB Ratio of 0.2. Singular financial statements analysis is a perfect complement when working with Singular Genomics Valuation or Volatility modules.
Singular | Return On Equity |
Latest Singular Genomics' Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Singular Genomics Systems over the last few years. Return on Equity is the amount of Singular Genomics Systems net income returned as a percentage of Singular Genomics equity. Return on equity measures Singular Genomics profitability by revealing how much profit Singular Genomics Systems generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Singular Genomics' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Singular Genomics' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported -0.48 | 10 Years Trend |
|
Return On Equity |
| Timeline |
Singular Return On Equity Regression Statistics
| Arithmetic Mean | 0.26 | |
| Geometric Mean | 0.47 | |
| Coefficient Of Variation | 164.05 | |
| Mean Deviation | 0.36 | |
| Median | 0.50 | |
| Standard Deviation | 0.42 | |
| Sample Variance | 0.18 | |
| Range | 1.0857 | |
| R-Value | (0.77) | |
| Mean Square Error | 0.08 | |
| R-Squared | 0.59 | |
| Significance | 0.0009 | |
| Slope | (0.07) | |
| Total Sum of Squares | 2.53 |
Singular Return On Equity History
About Singular Genomics Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Singular Genomics income statement, its balance sheet, and the statement of cash flows. Singular Genomics investors use historical funamental indicators, such as Singular Genomics's Return On Equity, to determine how well the company is positioned to perform in the future. Although Singular Genomics investors may use each financial statement separately, they are all related. The changes in Singular Genomics's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Singular Genomics'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 Singular Genomics Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Singular Genomics. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Equity | (0.53) | (0.50) |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Singular Stock
When determining whether Singular Genomics Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Singular Genomics' 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 Singular Genomics Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Singular Genomics Systems Stock:Check out the analysis of Singular Genomics Correlation against competitors. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Health Care Equipment & Supplies 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 Singular Genomics. If investors know Singular 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 Singular Genomics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.31) | Revenue Per Share 0.034 | Quarterly Revenue Growth (0.49) | Return On Assets (0.23) | Return On Equity (0.48) |
The market value of Singular Genomics Systems is measured differently than its book value, which is the value of Singular that is recorded on the company's balance sheet. Investors also form their own opinion of Singular Genomics' value that differs from its market value or its book value, called intrinsic value, which is Singular Genomics' 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 Singular Genomics' market value can be influenced by many factors that don't directly affect Singular Genomics' 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 Singular Genomics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Singular Genomics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Singular Genomics' 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.