Beyond Air Stock Return On Asset
| XAIR Stock | USD 1.29 0.04 3.20% |
Beyond Air fundamentals help investors to digest information that contributes to Beyond Air's financial success or failures. It also enables traders to predict the movement of Beyond Stock. The fundamental analysis module provides a way to measure Beyond Air's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Beyond Air stock.
As of 05/09/2024, Return On Assets is likely to grow to -14.97. Beyond | Return On Asset |
Beyond Air Company Return On Asset Analysis
Beyond Air's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Beyond Air Return On Asset | -0.64 |
Most of Beyond Air's fundamental indicators, such as Return On Asset, 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, Beyond Air is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Beyond Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Beyond Air is extremely important. It helps to project a fair market value of Beyond Stock properly, considering its historical fundamentals such as Return On Asset. Since Beyond Air's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Beyond Air's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Beyond Air's interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, Beyond Air has a Return On Asset of -0.6392. This is 92.69% lower than that of the Health Care Equipment & Supplies sector and 96.47% lower than that of the Health Care industry. The return on asset for all United States stocks is notably higher than that of the company.
Beyond Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Beyond Air's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Beyond Air could also be used in its relative valuation, which is a method of valuing Beyond Air by comparing valuation metrics of similar companies.Beyond Air is currently under evaluation in return on asset category among related companies.
Beyond Fundamentals
| Return On Equity | -1.8 | ||||
| Return On Asset | -0.64 | ||||
| Operating Margin | (43.38) % | ||||
| Current Valuation | 34.81 M | ||||
| Shares Outstanding | 45.9 M | ||||
| Shares Owned By Insiders | 17.98 % | ||||
| Shares Owned By Institutions | 22.49 % | ||||
| Number Of Shares Shorted | 3.21 M | ||||
| Price To Book | 3.15 X | ||||
| Price To Sales | 95.93 X | ||||
| Revenue | 59 K | ||||
| Gross Profit | 873.19 K | ||||
| EBITDA | (50.89 M) | ||||
| Net Income | (59.4 M) | ||||
| Cash And Equivalents | 72.77 M | ||||
| Cash Per Share | 2.43 X | ||||
| Total Debt | 3.59 M | ||||
| Debt To Equity | 0.05 % | ||||
| Current Ratio | 8.41 X | ||||
| Book Value Per Share | 0.59 X | ||||
| Cash Flow From Operations | (33.01 M) | ||||
| Short Ratio | 14.63 X | ||||
| Earnings Per Share | (2.13) X | ||||
| Target Price | 11.67 | ||||
| Number Of Employees | 98 | ||||
| Beta | -0.19 | ||||
| Market Capitalization | 59.21 M | ||||
| Total Asset | 68.75 M | ||||
| Retained Earnings | (179.46 M) | ||||
| Working Capital | 39.63 M | ||||
| Net Asset | 68.75 M |
About Beyond Air Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Beyond Air's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Beyond Air using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Beyond Air based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out Beyond Air Piotroski F Score and Beyond Air Altman Z Score analysis. To learn how to invest in Beyond Stock, please use our How to Invest in Beyond Air guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Beyond Stock analysis
When running Beyond Air's price analysis, check to measure Beyond Air's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Beyond Air is operating at the current time. Most of Beyond Air's value examination focuses on studying past and present price action to predict the probability of Beyond Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beyond Air's price. Additionally, you may evaluate how the addition of Beyond Air to your portfolios can decrease your overall portfolio volatility.
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Is Beyond Air'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 Beyond Air. If investors know Beyond 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 Beyond Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.13) | Revenue Per Share 0.022 | Quarterly Revenue Growth (0.53) | Return On Assets (0.64) | Return On Equity (1.80) |
The market value of Beyond Air is measured differently than its book value, which is the value of Beyond that is recorded on the company's balance sheet. Investors also form their own opinion of Beyond Air's value that differs from its market value or its book value, called intrinsic value, which is Beyond Air'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 Beyond Air's market value can be influenced by many factors that don't directly affect Beyond Air'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 Beyond Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beyond Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beyond Air'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.