Sorrento Financial Statements From 2010 to 2024
| SRNEDelisted Stock | USD 0.33 0.02 6.45% |
Check Sorrento Therape financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sorrento main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Sorrento financial statements analysis is a perfect complement when working with Sorrento Therape Valuation or Volatility modules.
Sorrento |
Sorrento Therape Company Return On Equity Analysis
Sorrento Therape's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Sorrento Therape Return On Equity | -3.79 |
Most of Sorrento Therape's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sorrento Therape is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, Sorrento Therape has a Return On Equity of -3.7892. This is 84.19% lower than that of the Biotechnology sector and 89.61% lower than that of the Health Care industry. The return on equity for all United States stocks is notably higher than that of the company.
Sorrento Therape Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sorrento Therape's current stock value. Our valuation model uses many indicators to compare Sorrento Therape value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sorrento Therape competition to find correlations between indicators driving Sorrento Therape's intrinsic value. More Info.Sorrento Therape is currently regarded as top stock in return on equity category among related companies. It is currently regarded as top stock in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Sorrento Therape by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Sorrento Therape's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Sorrento Therape's earnings, one of the primary drivers of an investment's value.About Sorrento Therape Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Sorrento Therape income statement, its balance sheet, and the statement of cash flows. Sorrento Therape investors use historical funamental indicators, such as Sorrento Therape's revenue or net income, to determine how well the company is positioned to perform in the future. Although Sorrento Therape investors may use each financial statement separately, they are all related. The changes in Sorrento Therape's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Sorrento Therape'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 Sorrento Therape Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Sorrento Therape. Please read more on our technical analysis and fundamental analysis pages.
Sorrento Therapeutics, Inc., a clinical stage and commercial biopharmaceutical company, develops therapies for cancer, autoimmune, inflammatory, viral, and neurodegenerative diseases. The company was founded in 2006 and is based in San Diego, California. Sorrento Therpt operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 799 people.
Currently Active Assets on Macroaxis
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Other Consideration for investing in Sorrento Stock
If you are still planning to invest in Sorrento Therape check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Sorrento Therape's history and understand the potential risks before investing.
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Stocks Directory Find actively traded stocks across global markets | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities |