Odonate

Odonate ROA

The Return on Assets (ROA) of Odonate (ODTC) as of Oct 22, 2026 is 6.63 %. In the previous year, Return on Assets (ROA) was 41.40 % — a change of -83.98% (lower).

ROA

6.63 %

YoY

-83.98%

Last updated:

In 2023, Odonate's return on assets (ROA) was 6.63 %, a -83.98% increase from the 41.40 % ROA in the previous year.

The Odonate ROA history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROA
Date
ROA
Jan 1, 2016
-107.08 USD
Jan 1, 2017
-16.09 USD
Jan 1, 2018
-62.35 USD
Jan 1, 2019
-59.22 USD
Jan 1, 2020
-75.26 USD
Jan 1, 2021
-86.48 USD
Jan 1, 2022
41.40 USD
Jan 1, 2023
6.63 USD
The Odonate ROA history
YEARROAYoY
6.63 %-83.98%
41.40 %-147.87%
-86.48 %+14.91%
-75.26 %+27.08%
-59.22 %-5.02%
-62.35 %+287.50%
-16.09 %-84.97%
-107.08 %-5.12%
-112.86 %—

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Odonate Stock analysis

What does Odonate do? Odonate Therapeutics, Inc. develops therapeutics to improve and extend the lives of patients with cancer, focusing on tesetaxel, a novel chemotherapy agent. Tesetaxel is administered orally with a low pill burden and a simplified dosing regimen, targeting metastatic breast cancer (MBC) patients. The company completed Phase-II studies in MBC, leveraging taxanes that destroy cancer cells by preventing mitosis and inducing apoptosis. Odonate's primary product, tesetaxel, is designed to offer a more convenient treatment option for cancer patients. The company's revenue model centers on the development and potential commercialization of tesetaxel, targeting healthcare providers and oncology practices that treat metastatic breast cancer. Odonate's focus on oral chemotherapy agents with reduced dosing complexity positions it to address unmet needs in cancer therapy, particularly for patients requiring long-term treatment regimens. The firm's pipeline includes tesetaxel as its lead candidate, with no other products or brands mentioned in the business description. Odonate Therapeutics operates as a pharmaceutical company with a singular focus on tesetaxel, which has completed Phase-II studies in metastatic breast cancer. The company's strategy involves advancing tesetaxel through clinical development to secure regulatory approval and eventual market entry. No other therapeutic candidates or revenue streams are referenced in the provided business description. Odonate is one of the most popular companies on Eulerpool.

ROA Details

Understanding Odonate's Return on Assets (ROA)

Odonate'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 Odonate'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 Odonate'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 Odonate’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 Odonate stock

Return on Assets (ROA) of Odonate is 6.63 % in 2023.

Return on Assets (ROA) of Odonate changed from 41.40 % to 6.63 %, representing a -83.98% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Assets (ROA) Odonate 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 Odonate 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 — Odonate

All Key Metrics — Odonate