Clene Fixed Asset Turnover from 2010 to 2024

CLNNW Stock  USD 0.04  0.01  19.23%   
Clene Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover is likely to outpace its year average in 2024. During the period from 2010 to 2024, Clene Fixed Asset Turnover regression line of quarterly data had mean square error of  0.0002 and geometric mean of  0.04. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.04869332
Current Value
0.0563
Quarterly Volatility
0.01293379
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Clene financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Clene's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Depreciation And Amortization of 1.5 M or Interest Expense of 4.8 M, as well as many indicators such as Price To Sales Ratio of 45.2, Dividend Yield of 0.0 or PTB Ratio of 2.21. Clene financial statements analysis is a perfect complement when working with Clene Valuation or Volatility modules.
  
Check out the analysis of Clene Correlation against competitors.

Latest Clene's Fixed Asset Turnover Growth Pattern

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

Clene Fixed Asset Turnover Regression Statistics

Arithmetic Mean0.04
Geometric Mean0.04
Coefficient Of Variation29.70
Mean Deviation0.01
Median0.04
Standard Deviation0.01
Sample Variance0.0002
Range0.0548
R-Value0.40
Mean Square Error0.0002
R-Squared0.16
Significance0.14
Slope0
Total Sum of Squares0

Clene Fixed Asset Turnover History

2024 0.0563
2023 0.0487
2022 0.031
2021 0.0858

About Clene Financial Statements

Clene investors use historical fundamental indicators, such as Clene's Fixed 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 Clene. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 0.05  0.06 

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Additional Tools for Clene Stock Analysis

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