Aditxt Asset Turnover from 2010 to 2024

ADTX Stock  USD 0.35  0.02  6.06%   
Aditxt 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 Aditxt Inc uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.01447286
Current Value
0.0287
Quarterly Volatility
0.02113159
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Aditxt financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Aditxt's main balance sheet or income statement drivers, such as Interest Expense of 6.7 M, Selling General Administrative of 11.9 M or Tax Provision of 0.0, as well as many indicators such as Price To Sales Ratio of 118, Dividend Yield of 0.0 or PTB Ratio of 5.24. Aditxt financial statements analysis is a perfect complement when working with Aditxt Valuation or Volatility modules.
  
Check out the analysis of Aditxt Correlation against competitors.

Latest Aditxt's Asset Turnover Growth Pattern

Below is the plot of the Asset Turnover of Aditxt Inc 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. Aditxt's Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Aditxt's overall financial position and show how it may be relating to other accounts over time.
Asset Turnover10 Years Trend
Slightly volatile
   Asset Turnover   
       Timeline  

Aditxt Asset Turnover Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.01
Coefficient Of Variation154.03
Mean Deviation0.01
Median0.01
Standard Deviation0.02
Sample Variance0.0004
Range0.0807
R-Value0.46
Mean Square Error0.0004
R-Squared0.21
Significance0.08
Slope0
Total Sum of Squares0.01

Aditxt Asset Turnover History

2024 0.0287
2023 0.0145
2022 0.087

Other Fundumenentals of Aditxt Inc

Aditxt Asset Turnover component correlations

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0.580.80.01-0.60.330.650.40.60.980.110.540.310.530.35-0.920.29-0.6-0.480.66-0.23
0.810.590.01-0.730.920.390.910.80.09-0.99-0.420.94-0.420.93-0.290.9-0.62-0.820.55-0.9
-0.92-0.87-0.6-0.73-0.89-0.81-0.9-0.89-0.650.64-0.02-0.820.0-0.850.84-0.780.960.98-0.930.75
0.950.810.330.92-0.890.710.990.930.43-0.88-0.220.97-0.230.98-0.590.92-0.77-0.920.72-0.92
0.750.760.650.39-0.810.710.70.710.77-0.350.160.580.140.61-0.840.53-0.75-0.720.73-0.53
0.980.860.40.91-0.90.990.70.960.49-0.86-0.170.98-0.180.99-0.630.93-0.78-0.930.74-0.93
1.00.960.60.8-0.890.930.710.960.66-0.72-0.040.95-0.050.96-0.750.89-0.78-0.90.75-0.89
0.650.840.980.09-0.650.430.770.490.660.020.480.390.470.43-0.940.37-0.62-0.530.67-0.31
-0.74-0.480.11-0.990.64-0.88-0.35-0.86-0.720.020.5-0.90.51-0.880.18-0.880.510.74-0.440.85
-0.040.160.54-0.42-0.02-0.220.16-0.17-0.040.480.5-0.281.0-0.24-0.32-0.29-0.160.110.330.28
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-0.050.150.53-0.420.0-0.230.14-0.18-0.050.470.511.0-0.29-0.25-0.3-0.29-0.150.120.320.29
0.960.840.350.93-0.850.980.610.990.960.43-0.88-0.241.0-0.25-0.570.94-0.72-0.90.67-0.95
-0.76-0.88-0.92-0.290.84-0.59-0.84-0.63-0.75-0.940.18-0.32-0.52-0.3-0.57-0.520.820.75-0.840.43
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-0.81-0.79-0.6-0.620.96-0.77-0.75-0.78-0.78-0.620.51-0.16-0.67-0.15-0.720.82-0.620.94-0.970.63
-0.92-0.84-0.48-0.820.98-0.92-0.72-0.93-0.9-0.530.740.11-0.870.12-0.90.75-0.820.94-0.880.81
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About Aditxt Financial Statements

Aditxt investors use historical fundamental indicators, such as Aditxt'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 Aditxt. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 0.16  0.09 
Asset Turnover 0.01  0.03 

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