Forte Biosciences (FBRX) Return on Assets (2017 - 2020)
Forte Biosciences (FBRX) has disclosed Return on Assets for 4 consecutive years, with 2.08% as the latest value for Q3 2020.
- Quarterly Return on Assets fell 136.0% to 2.08% in Q3 2020 from the year-ago period, while the trailing twelve-month figure was 2.08% through Sep 2020, down 136.0% year-over-year, with the annual reading at 1.15% for FY2019, 65.0% down from the prior year.
- Return on Assets for Q3 2020 was 2.08% at Forte Biosciences, up from 2.85% in the prior quarter.
- The five-year high for Return on Assets was 0.34% in Q3 2017, with the low at 2.85% in Q2 2020.
- Average Return on Assets over 4 years is 0.97%, with a median of 0.54% recorded in 2019.
- The sharpest move saw Return on Assets surged 49bps in 2018, then tumbled -242bps in 2020.
- Over 4 years, Return on Assets stood at 0.4% in 2017, then fell by -26bps to 0.51% in 2018, then plummeted by -139bps to 1.21% in 2019, then crashed by -72bps to 2.08% in 2020.
- According to Business Quant data, Return on Assets over the past three periods came in at 2.08%, 2.85%, and 2.51% for Q3 2020, Q2 2020, and Q1 2020 respectively.