BioAffinity Asset Turnover from 2010 to 2025

BIAFW Stock  USD 0.49  0.00  0.000002%   
BioAffinity Technologies Asset Turnover yearly trend continues to be fairly stable with very little volatility. Asset Turnover is likely to outpace its year average in 2025. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently bioAffinity Technologies Warrant uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.28
Current Value
0.29
Quarterly Volatility
0.11793718
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check BioAffinity Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BioAffinity Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 301.4 K, Interest Expense of 40.6 K or Gross Profit of 955.9 K, as well as many indicators such as Price To Sales Ratio of 5.55, Dividend Yield of 0.0 or PTB Ratio of 2.5. BioAffinity financial statements analysis is a perfect complement when working with BioAffinity Technologies Valuation or Volatility modules.
  
Check out the analysis of BioAffinity Technologies Correlation against competitors.

Latest BioAffinity Technologies' Asset Turnover Growth Pattern

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

BioAffinity Asset Turnover Regression Statistics

Arithmetic Mean0.06
Geometric Mean0
Coefficient Of Variation213.66
Mean Deviation0.09
Median0.0004
Standard Deviation0.12
Sample Variance0.01
Range0.3076
R-Value0.67
Mean Square Error0.01
R-Squared0.46
Significance0
Slope0.02
Total Sum of Squares0.21

BioAffinity Asset Turnover History

2025 0.29
2024 0.28
2023 0.31

Other Fundumenentals of BioAffinity Technologies

BioAffinity Technologies Asset Turnover component correlations

0.8-0.83-0.860.770.62-0.40.93-0.640.950.850.97-0.930.950.97-0.36-0.36
0.8-0.95-0.580.620.59-0.850.76-0.960.760.480.83-0.840.770.84-0.45-0.45
-0.83-0.950.53-0.48-0.380.77-0.880.86-0.71-0.48-0.840.78-0.71-0.870.270.27
-0.86-0.580.53-0.95-0.840.1-0.710.43-0.88-0.91-0.890.92-0.9-0.860.60.6
0.770.62-0.48-0.950.96-0.210.57-0.520.860.810.83-0.920.880.8-0.77-0.77
0.620.59-0.38-0.840.96-0.290.36-0.570.780.660.68-0.830.80.65-0.79-0.79
-0.4-0.850.770.1-0.21-0.29-0.380.94-0.390.0-0.410.46-0.39-0.440.230.23
0.930.76-0.88-0.710.570.36-0.38-0.550.760.730.93-0.80.760.94-0.26-0.26
-0.64-0.960.860.43-0.52-0.570.94-0.55-0.65-0.29-0.660.73-0.66-0.680.420.42
0.950.76-0.71-0.880.860.78-0.390.76-0.650.850.9-0.941.00.89-0.42-0.42
0.850.48-0.48-0.910.810.660.00.73-0.290.850.81-0.780.850.78-0.39-0.39
0.970.83-0.84-0.890.830.68-0.410.93-0.660.90.81-0.970.911.0-0.52-0.52
-0.93-0.840.780.92-0.92-0.830.46-0.80.73-0.94-0.78-0.97-0.95-0.960.620.62
0.950.77-0.71-0.90.880.8-0.390.76-0.661.00.850.91-0.950.91-0.47-0.47
0.970.84-0.87-0.860.80.65-0.440.94-0.680.890.781.0-0.960.91-0.48-0.48
-0.36-0.450.270.6-0.77-0.790.23-0.260.42-0.42-0.39-0.520.62-0.47-0.481.0
-0.36-0.450.270.6-0.77-0.790.23-0.260.42-0.42-0.39-0.520.62-0.47-0.481.0
Click cells to compare fundamentals

About BioAffinity Technologies Financial Statements

BioAffinity Technologies investors use historical fundamental indicators, such as BioAffinity Technologies' 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 BioAffinity Technologies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 1.14  1.20 
Asset Turnover 0.28  0.29 

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Additional Tools for BioAffinity Stock Analysis

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