Heart Fixed Asset Turnover from 2010 to 2024

HSCS Stock  USD 2.76  0.09  3.37%   
Heart Test Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to 0.03 in 2024. From the period from 2010 to 2024, Heart Test Fixed Asset Turnover quarterly data regression had r-value of (0.81) and coefficient of variation of  45.30. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.03321583
Current Value
0.0316
Quarterly Volatility
0.05399453
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Heart Test financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Heart Test's main balance sheet or income statement drivers, such as Depreciation And Amortization of 58.5 K, Interest Expense of 242.9 K or Selling General Administrative of 2.5 M, as well as many indicators such as Price To Sales Ratio of 349, Dividend Yield of 0.0 or PTB Ratio of 0.42. Heart financial statements analysis is a perfect complement when working with Heart Test Valuation or Volatility modules.
  
Check out the analysis of Heart Test Correlation against competitors.

Latest Heart Test's Fixed Asset Turnover Growth Pattern

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

Heart Fixed Asset Turnover Regression Statistics

Arithmetic Mean0.12
Geometric Mean0.1
Coefficient Of Variation45.30
Mean Deviation0.05
Median0.15
Standard Deviation0.05
Sample Variance0
Range0.1448
R-Value(0.81)
Mean Square Error0
R-Squared0.66
Significance0.0002
Slope(0.01)
Total Sum of Squares0.04

Heart Fixed Asset Turnover History

2024 0.0316
2023 0.0332
2022 0.008719
2021 0.0906
2020 0.0885

About Heart Test Financial Statements

Heart Test shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Heart Test investors may analyze each financial statement separately, they are all interrelated. The changes in Heart Test's assets and liabilities, for example, are also reflected in the revenues and expenses on on Heart Test's 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 0.03  0.03 

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Additional Tools for Heart Stock Analysis

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