C3is Asset Turnover from 2010 to 2024

CISS Stock   0.79  0.03  3.95%   
C3is Asset Turnover yearly trend continues to be comparatively 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 C3is Inc uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.28551493
Current Value
0.37
Quarterly Volatility
0.02550881
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check C3is financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among C3is' main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.3 M, Interest Expense of 1.4 M or Total Revenue of 18.2 M, as well as many indicators such as Price To Sales Ratio of 0.17, Dividend Yield of 0.0557 or PTB Ratio of 0.081. C3is financial statements analysis is a perfect complement when working with C3is Valuation or Volatility modules.
  
Check out the analysis of C3is Correlation against competitors.

Latest C3is' Asset Turnover Growth Pattern

Below is the plot of the Asset Turnover of C3is 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. C3is' Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in C3is' overall financial position and show how it may be relating to other accounts over time.
Asset Turnover10 Years Trend
Slightly volatile
   Asset Turnover   
       Timeline  

C3is Asset Turnover Regression Statistics

Arithmetic Mean0.37
Geometric Mean0.37
Coefficient Of Variation6.81
Mean Deviation0.01
Median0.38
Standard Deviation0.03
Sample Variance0.0007
Range0.0979
R-Value(0.50)
Mean Square Error0.0005
R-Squared0.25
Significance0.06
Slope(0)
Total Sum of Squares0.01

C3is Asset Turnover History

2024 0.37
2023 0.29
2022 0.36

Other Fundumenentals of C3is Inc

C3is Asset Turnover component correlations

About C3is Financial Statements

C3is shareholders use historical fundamental indicators, such as Asset Turnover, to determine how well the company is positioned to perform in the future. Although C3is investors may analyze each financial statement separately, they are all interrelated. The changes in C3is' assets and liabilities, for example, are also reflected in the revenues and expenses on on C3is' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 0.36  0.50 
Asset Turnover 0.29  0.37 

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Additional Tools for C3is Stock Analysis

When running C3is' price analysis, check to measure C3is' 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 C3is is operating at the current time. Most of C3is' value examination focuses on studying past and present price action to predict the probability of C3is' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move C3is' price. Additionally, you may evaluate how the addition of C3is to your portfolios can decrease your overall portfolio volatility.