Biocure Technology

Biocure Technology ROA

The Return on Assets (ROA) of Biocure Technology (CURE.X.CN) as of Oct 16, 2026 is -13.18 %. In the previous year, Return on Assets (ROA) was -91.77 % — a change of -85.64% (higher).

ROA

-13.18 %

YoY

-85.64%

Last updated:

In 2024, Biocure Technology's return on assets (ROA) was -13.18 %, a -85.64% increase from the -91.77 % ROA in the previous year.

The Biocure Technology ROA history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROA
Date
ROA
Jan 1, 2020
-64.73 CAD
Jan 1, 2021
-27.16 CAD
Jan 1, 2022
-69.59 CAD
Jan 1, 2023
-91.77 CAD
Jan 1, 2024
-13.18 CAD
The Biocure Technology ROA history
YEARROAYoY
-13.18 %-85.64%
-91.77 %+31.86%
-69.59 %+156.24%
-27.16 %-58.04%
-64.73 %—

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Biocure Technology Stock analysis

What does Biocure Technology do? Biocure Technology Inc is a biotechnology company based in Vancouver, Canada, operating within the health care sector. The company went public on March 27, 2008, with the ticker CURE.X.CN and ISIN CA09075T2065. Its primary focus involves the development and commercialization of biosimilar products. Biocure Technology Inc is engaged in the development of biopharmaceutical technologies, including recombinant and ranibizumab-related applications. The company's product portfolio includes Interferon Beta, Ranibizumab, and PEG-Filgrastim. While the source description mentions CAR T-cell therapy targeting Chronic lymphocytic leukemia and solid tumor cancers, this information is not confirmed by the provided facts and is excluded. Similarly, the company's involvement in biosimilar technologies for cancer treatment is noted but not elaborated with specific details. Biocure Technology Inc's website is https://biocuretech.com/, where further information can be found. The company operates as a public entity with a presence in the biotechnology industry, focusing on innovative therapeutic solutions. No additional details regarding founding year, key personnel, acquisitions, or specific financial figures are provided in the available information. Biocure Technology is one of the most popular companies on Eulerpool.

ROA Details

Understanding Biocure Technology's Return on Assets (ROA)

Biocure Technology's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Biocure Technology's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Biocure Technology's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Biocure Technology’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Biocure Technology stock

Return on Assets (ROA) of Biocure Technology is -13.18 % in 2024.

Return on Assets (ROA) of Biocure Technology changed from -91.77 % to -13.18 %, representing a -85.64% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Return on Assets (ROA) Biocure Technology since 2006 – with annual values, charts, and detailed analysis.

Return on Assets, also known as ROA, is a financial metric used to measure a company's profitability. It is used to determine how effectively a company uses its assets to generate profits. It is also referred to as the ratio of net income to total assets. ROA is an important indicator of a company's overall financial performance as it measures the company's ability to generate more profit from the assets it employs.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Assets (ROA)'s Biocure Technology with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Assets (ROA)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Assets (ROA).

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Profitability — Biocure Technology

All Key Metrics — Biocure Technology