Gabelli Asset Turnover from 2010 to 2024

GRX Stock  USD 10.14  0.04  0.40%   
Gabelli Healthcare Asset Turnover yearly trend continues to be fairly stable with very little volatility. Asset Turnover will likely drop to 0 in 2024. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently Gabelli Healthcare WellnessRx uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.00518768
Current Value
0.004928
Quarterly Volatility
0.08720187
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Gabelli Healthcare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gabelli Healthcare's main balance sheet or income statement drivers, such as Interest Expense of 2.9 M, Selling General Administrative of 734 K or Total Revenue of 1.2 M, as well as many indicators such as Price To Sales Ratio of 126, Dividend Yield of 0.0562 or PTB Ratio of 0.61. Gabelli financial statements analysis is a perfect complement when working with Gabelli Healthcare Valuation or Volatility modules.
  
Check out the analysis of Gabelli Healthcare Correlation against competitors.

Latest Gabelli Healthcare's Asset Turnover Growth Pattern

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

Gabelli Asset Turnover Regression Statistics

Arithmetic Mean0.07
Geometric Mean0.06
Coefficient Of Variation122.53
Mean Deviation0.06
Median0.11
Standard Deviation0.09
Sample Variance0.01
Range0.3629
R-Value(0.51)
Mean Square Error0.01
R-Squared0.26
Significance0.05
Slope(0.01)
Total Sum of Squares0.11

Gabelli Asset Turnover History

2024 0.004928
2023 0.005188
2022 -0.19
2021 0.12
2020 0.0873
2019 0.18
2018 -0.005622

Other Fundumenentals of Gabelli Healthcare

Gabelli Healthcare Asset Turnover component correlations

0.91-0.730.190.110.340.091.0-0.310.310.02-0.10.350.0-0.030.22
0.91-0.59-0.15-0.210.42-0.280.91-0.320.320.33-0.30.250.37-0.370.4
-0.73-0.59-0.290.16-0.17-0.34-0.73-0.180.170.47-0.380.160.4-0.380.41
0.19-0.15-0.290.64-0.420.650.21-0.310.13-0.770.630.51-0.750.58-0.32
0.11-0.210.160.640.010.540.11-0.280.21-0.290.080.57-0.510.390.04
0.340.42-0.17-0.420.01-0.370.310.37-0.250.41-0.16-0.120.19-0.270.11
0.09-0.28-0.340.650.54-0.370.10.13-0.02-0.810.38-0.07-0.840.92-0.63
1.00.91-0.730.210.110.310.1-0.330.320.0-0.10.360.0-0.020.22
-0.31-0.32-0.18-0.31-0.280.370.13-0.33-0.67-0.270.33-0.72-0.360.3-0.65
0.310.320.170.130.21-0.25-0.020.32-0.670.27-0.220.650.33-0.190.51
0.020.330.47-0.77-0.290.41-0.810.0-0.270.27-0.770.10.93-0.810.8
-0.1-0.3-0.380.630.08-0.160.38-0.10.33-0.22-0.77-0.02-0.720.56-0.7
0.350.250.160.510.57-0.12-0.070.36-0.720.650.1-0.020.04-0.270.61
0.00.370.4-0.75-0.510.19-0.840.0-0.360.330.93-0.720.04-0.850.75
-0.03-0.37-0.380.580.39-0.270.92-0.020.3-0.19-0.810.56-0.27-0.85-0.8
0.220.40.41-0.320.040.11-0.630.22-0.650.510.8-0.70.610.75-0.8
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About Gabelli Healthcare Financial Statements

Gabelli Healthcare investors use historical fundamental indicators, such as Gabelli Healthcare's 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 Gabelli Healthcare. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year

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Additional Tools for Gabelli Stock Analysis

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