Opko Return On Tangible Assets from 2010 to 2024

OPK Stock  USD 1.22  0.02  1.61%   
Opko Health Return On Tangible Assets yearly trend continues to be quite stable with very little volatility. The value of Return On Tangible Assets are projected to decrease to -0.41. 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
(0.39)
Current Value
(0.41)
Quarterly Volatility
0.22524637
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Opko Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Opko main balance sheet or income statement drivers, such as Depreciation And Amortization of 110.6 M, Interest Expense of 14.2 M or Total Revenue of 906.7 M, as well as many exotic indicators such as Price To Sales Ratio of 1.25, Dividend Yield of 0.0011 or PTB Ratio of 0.78. Opko financial statements analysis is a perfect complement when working with Opko Health Valuation or Volatility modules.
  
This module can also supplement Opko Health's financial leverage analysis and stock options assessment as well as various Opko Health Technical models . Check out the analysis of Opko Health Correlation against competitors.
For more information on how to buy Opko Stock please use our How to buy in Opko Stock guide.

Latest Opko Health's Return On Tangible Assets Growth Pattern

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

Opko Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.26)
Geometric Mean0.13
Coefficient Of Variation(86.61)
Mean Deviation0.19
Median(0.26)
Standard Deviation0.23
Sample Variance0.05
Range0.7114
R-Value0.09
Mean Square Error0.05
R-Squared0.01
Significance0.76
Slope0
Total Sum of Squares0.71

Opko Return On Tangible Assets History

2024 -0.41
2023 -0.39
2022 -0.24
2021 -0.0229
2020 0.0254
2019 -0.3
2018 -0.14

About Opko Health Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Opko Health income statement, its balance sheet, and the statement of cash flows. Opko Health investors use historical funamental indicators, such as Opko Health's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Opko Health investors may use each financial statement separately, they are all related. The changes in Opko Health's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Opko Health'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 Opko Health Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Opko Health. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.39)(0.41)

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When determining whether Opko Health is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Opko Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Opko Health Stock. Highlighted below are key reports to facilitate an investment decision about Opko Health Stock:
Check out the analysis of Opko Health Correlation against competitors.
For more information on how to buy Opko Stock please use our How to buy in Opko Stock guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

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Is Opko Health'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 Opko Health. If investors know Opko 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 Opko Health 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
0.191
Earnings Share
(0.25)
Revenue Per Share
1.149
Quarterly Revenue Growth
(0.02)
Return On Assets
(0.05)
The market value of Opko Health is measured differently than its book value, which is the value of Opko that is recorded on the company's balance sheet. Investors also form their own opinion of Opko Health's value that differs from its market value or its book value, called intrinsic value, which is Opko Health'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 Opko Health's market value can be influenced by many factors that don't directly affect Opko Health'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 Opko Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Opko Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Opko Health'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.