Alterity Fixed Asset Turnover from 2010 to 2024

ATHE Stock  USD 1.07  0.02  1.90%   
Alterity Therapeutics' Fixed Asset Turnover is increasing over the years with slightly volatile fluctuation. Overall, Fixed Asset Turnover is expected to go to 22.58 this year. During the period from 2010 to 2024 Alterity Therapeutics Fixed Asset Turnover annual values regression line had geometric mean of  8.79 and mean square error of  148.14. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
21.5069589
Current Value
22.58
Quarterly Volatility
14.52272338
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Alterity Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alterity Therapeutics' main balance sheet or income statement drivers, such as Interest Expense of 2.9 K, Other Operating Expenses of 10 M or Total Operating Expenses of 10 M, as well as many indicators such as Price To Sales Ratio of 4.31, Dividend Yield of 0.0 or PTB Ratio of 1.39. Alterity financial statements analysis is a perfect complement when working with Alterity Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Alterity Therapeutics Correlation against competitors.
For information on how to trade Alterity Stock refer to our How to Trade Alterity Stock guide.

Latest Alterity Therapeutics' Fixed Asset Turnover Growth Pattern

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

Alterity Fixed Asset Turnover Regression Statistics

Arithmetic Mean14.16
Geometric Mean8.79
Coefficient Of Variation102.57
Mean Deviation11.57
Median5.89
Standard Deviation14.52
Sample Variance210.91
Range42.6004
R-Value0.59
Mean Square Error148.14
R-Squared0.35
Significance0.02
Slope1.92
Total Sum of Squares2,953

Alterity Fixed Asset Turnover History

2024 22.58
2023 21.51
2022 14.57
2021 23.45
2019 44.83
2018 2.23
2017 2.82

About Alterity Therapeutics Financial Statements

Alterity Therapeutics stakeholders use historical fundamental indicators, such as Alterity Therapeutics' Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Alterity Therapeutics investors may analyze each financial statement separately, they are all interrelated. For example, changes in Alterity Therapeutics' assets and liabilities are reflected in the revenues and expenses on Alterity Therapeutics' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Alterity Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 21.51  22.58 

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When determining whether Alterity Therapeutics is a strong investment it is important to analyze Alterity Therapeutics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alterity Therapeutics' future performance. For an informed investment choice regarding Alterity Stock, refer to the following important reports:
Check out the analysis of Alterity Therapeutics Correlation against competitors.
For information on how to trade Alterity Stock refer to our How to Trade Alterity Stock guide.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alterity Therapeutics. If investors know Alterity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alterity Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.88)
Revenue Per Share
0.6
Quarterly Revenue Growth
0.384
Return On Assets
(0.53)
Return On Equity
(1.04)
The market value of Alterity Therapeutics is measured differently than its book value, which is the value of Alterity that is recorded on the company's balance sheet. Investors also form their own opinion of Alterity Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Alterity Therapeutics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alterity Therapeutics' market value can be influenced by many factors that don't directly affect Alterity Therapeutics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alterity Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Alterity Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alterity Therapeutics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.