AuthID Fixed Asset Turnover from 2010 to 2024

AUID Stock  USD 6.18  0.38  5.79%   
AuthID's Fixed Asset Turnover is decreasing over the years with slightly volatile fluctuation. Overall, Fixed Asset Turnover is expected to go to 32.55 this year. During the period from 2010 to 2024 AuthID Fixed Asset Turnover annual values regression line had geometric mean of  25.97 and mean square error of  1,306. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
22.24
Current Value
32.55
Quarterly Volatility
46.2642449
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check AuthID financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AuthID's main balance sheet or income statement drivers, such as Other Operating Expenses of 10.4 M, Total Operating Expenses of 10 M or Depreciation And Amortization of 243.1 K, as well as many indicators such as Price To Sales Ratio of 321, Dividend Yield of 0.0 or PTB Ratio of 4.63. AuthID financial statements analysis is a perfect complement when working with AuthID Valuation or Volatility modules.
  
Check out the analysis of AuthID Correlation against competitors.

Latest AuthID's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of authID Inc over the last few years. It is AuthID's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AuthID's 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  

AuthID Fixed Asset Turnover Regression Statistics

Arithmetic Mean40.57
Geometric Mean25.97
Coefficient Of Variation114.04
Mean Deviation35.51
Median19.47
Standard Deviation46.26
Sample Variance2,140
Range122
R-Value(0.66)
Mean Square Error1,306
R-Squared0.43
Significance0.01
Slope(6.81)
Total Sum of Squares29,965

AuthID Fixed Asset Turnover History

2024 32.55
2023 22.24
2021 19.34
2020 14.49
2019 7.66
2018 18.77
2017 10.98

About AuthID Financial Statements

AuthID stakeholders use historical fundamental indicators, such as AuthID's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although AuthID investors may analyze each financial statement separately, they are all interrelated. For example, changes in AuthID's assets and liabilities are reflected in the revenues and expenses on AuthID's 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 authID Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 22.24  32.55 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether authID Inc is a strong investment it is important to analyze AuthID's 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 AuthID's future performance. For an informed investment choice regarding AuthID Stock, refer to the following important reports:
Check out the analysis of AuthID Correlation against competitors.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Application Software 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 AuthID. If investors know AuthID 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 AuthID listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.11)
Revenue Per Share
0.079
Quarterly Revenue Growth
4.737
Return On Assets
(0.63)
Return On Equity
(1.13)
The market value of authID Inc is measured differently than its book value, which is the value of AuthID that is recorded on the company's balance sheet. Investors also form their own opinion of AuthID's value that differs from its market value or its book value, called intrinsic value, which is AuthID's 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 AuthID's market value can be influenced by many factors that don't directly affect AuthID's 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 AuthID's value and its price as these two are different measures arrived at by different means. Investors typically determine if AuthID is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AuthID's 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.