Above Asset Turnover from 2010 to 2024

ABVEW Stock

0.02 0.01 24.73%

Above Food Asset Turnover yearly trend continues to be fairly stable with very little volatility. Asset Turnover is likely to outpace its year average in 2024. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently Above Food Ingredients uses its assets to generate sales. View All Fundamentals

Asset Turnover

First Reported

2010-12-31

Previous Quarter

2.56048811

Current Value

4.42

Quarterly Volatility

3.1606941

Credit Downgrade

Yuan Drop

Covid

Check Above Food financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Above Food's main balance sheet or income statement drivers, such as Other Operating Expenses of 431 M, Total Operating Expenses of 38 M or Tax Provision of 0.0, as well as many indicators such as Price To Sales Ratio of 0.28, Dividend Yield of 0.0 or PTB Ratio of 8.8 K. Above financial statements analysis is a perfect complement when working with Above Food Valuation or Volatility modules.

Check out the analysis of Above Food Correlation against competitors.

Latest Above Food's Asset Turnover Growth Pattern

Below is the plot of the Asset Turnover of Above Food Ingredients over the last few years. It is the ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales. Above Food's Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Above Food's overall financial position and show how it may be relating to other accounts over time.

Asset Turnover

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Asset Turnover

Timeline

Above Asset Turnover Regression Statistics

	Arithmetic Mean	2.13
	Geometric Mean	1.39
	Coefficient Of Variation	148.55
	Mean Deviation	1.82
	Median	0.99
	Standard Deviation	3.16
	Sample Variance	9.99
	Range	12.0416
	R-Value	0.47
	Mean Square Error	8.35
	R-Squared	0.22
	Significance	0.07
	Slope	0.33
	Total Sum of Squares	139.86

Above Asset Turnover History

	2024	4.42
	2023	2.56
	2022	13.03

Other Fundumenentals of Above Food Ingredients

Fixed Asset Turnover

Above Food Asset Turnover component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Net Invested Capital	Long Term Investments	Short Long Term Debt	Capital Stock	Net Working Capital	Intangible Assets	Short Term Investments
Total Assets		0.51	0.89	-0.62	0.58	0.58	0.76	0.73	0.58	0.54	-0.56	-0.24	-0.4	-0.59	0.29	0.5	0.49	-0.57	0.44	-0.51
Total Stockholder Equity	0.51		0.09	0.36	-0.39	-0.39	0.13	0.96	-0.35	-0.31	0.34	0.25	0.2	0.38	-0.13	-0.28	-0.32	0.35	-0.22	0.37
Net Debt	0.89	0.09		-0.89	0.88	0.88	0.75	0.36	0.77	0.73	-0.8	-0.49	-0.51	-0.84	0.36	0.66	0.75	-0.81	0.56	-0.83
Retained Earnings	-0.62	0.36	-0.89		-1.0	-1.0	-0.71	0.08	-0.92	-0.87	0.94	0.49	0.64	0.97	-0.47	-0.8	-0.86	0.94	-0.69	0.93
Total Liab	0.58	-0.39	0.88	-1.0		1.0	0.67	-0.12	0.89	0.86	-0.93	-0.52	-0.62	-0.96	0.45	0.78	0.87	-0.94	0.67	-0.95
Total Current Assets	0.58	-0.39	0.88	-1.0	1.0		0.67	-0.12	0.89	0.85	-0.93	-0.52	-0.62	-0.96	0.45	0.78	0.87	-0.93	0.67	-0.95
Short Term Debt	0.76	0.13	0.75	-0.71	0.67	0.67		0.35	0.8	0.9	-0.85	0.18	-0.89	-0.69	0.82	0.91	0.78	-0.85	0.91	-0.58
Common Stock	0.73	0.96	0.36	0.08	-0.12	-0.12	0.35		-0.09	-0.07	0.09	0.12	0.02	0.12	0.0	-0.05	-0.08	0.09	-0.03	0.11
Current Deferred Revenue	0.58	-0.35	0.77	-0.92	0.89	0.89	0.8	-0.09		0.93	-0.92	-0.23	-0.75	-0.97	0.56	0.88	0.76	-0.94	0.8	-0.73
Accounts Payable	0.54	-0.31	0.73	-0.87	0.86	0.85	0.9	-0.07	0.93		-0.98	-0.01	-0.93	-0.86	0.81	0.99	0.91	-0.98	0.95	-0.77
Long Term Debt	-0.56	0.34	-0.8	0.94	-0.93	-0.93	-0.85	0.09	-0.92	-0.98		0.16	0.87	0.9	-0.75	-0.96	-0.95	1.0	-0.9	0.87
Net Receivables	-0.24	0.25	-0.49	0.49	-0.52	-0.52	0.18	0.12	-0.23	-0.01	0.16		-0.35	0.47	0.5	0.12	-0.13	0.18	0.29	0.52
Good Will	-0.4	0.2	-0.51	0.64	-0.62	-0.62	-0.89	0.02	-0.75	-0.93	0.87	-0.35		0.61	-0.97	-0.97	-0.85	0.86	-1.0	0.58
Net Invested Capital	-0.59	0.38	-0.84	0.97	-0.96	-0.96	-0.69	0.12	-0.97	-0.86	0.9	0.47	0.61		-0.4	-0.78	-0.76	0.91	-0.67	0.83
Long Term Investments	0.29	-0.13	0.36	-0.47	0.45	0.45	0.82	0.0	0.56	0.81	-0.75	0.5	-0.97	-0.4		0.88	0.79	-0.73	0.94	-0.47
Short Long Term Debt	0.5	-0.28	0.66	-0.8	0.78	0.78	0.91	-0.05	0.88	0.99	-0.96	0.12	-0.97	-0.78	0.88		0.9	-0.95	0.99	-0.71
Capital Stock	0.49	-0.32	0.75	-0.86	0.87	0.87	0.78	-0.08	0.76	0.91	-0.95	-0.13	-0.85	-0.76	0.79	0.9		-0.94	0.86	-0.91
Net Working Capital	-0.57	0.35	-0.81	0.94	-0.94	-0.93	-0.85	0.09	-0.94	-0.98	1.0	0.18	0.86	0.91	-0.73	-0.95	-0.94		-0.89	0.87
Intangible Assets	0.44	-0.22	0.56	-0.69	0.67	0.67	0.91	-0.03	0.8	0.95	-0.9	0.29	-1.0	-0.67	0.94	0.99	0.86	-0.89		-0.61
Short Term Investments	-0.51	0.37	-0.83	0.93	-0.95	-0.95	-0.58	0.11	-0.73	-0.77	0.87	0.52	0.58	0.83	-0.47	-0.71	-0.91	0.87	-0.61

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About Above Food Financial Statements

Above Food investors use historical fundamental indicators, such as Above Food's Asset Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Above Food. Please read more on our technical analysis and fundamental analysis pages.

	Last Reported	Projected for Next Year
Fixed Asset Turnover	5.62	4.09
Asset Turnover	2.56	4.42

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Additional Tools for Above Stock Analysis

When running Above Food's price analysis, check to measure Above Food'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 Above Food is operating at the current time. Most of Above Food's value examination focuses on studying past and present price action to predict the probability of Above Food's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Above Food's price. Additionally, you may evaluate how the addition of Above Food to your portfolios can decrease your overall portfolio volatility.

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Above Asset Turnover from 2010 to 2024

Latest Above Food's Asset Turnover Growth Pattern

Above Asset Turnover Regression Statistics

Above Asset Turnover History

Other Fundumenentals of Above Food Ingredients

Above Food Asset Turnover component correlations

About Above Food Financial Statements

Also Currently Popular

Additional Tools for Above Stock Analysis

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