Helius Fixed Asset Turnover from 2010 to 2024

HSDT Stock  USD 0.45  0.02  4.65%   
Helius Medical Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover is likely to outpace its year average in 2024. From the period from 2010 to 2024, Helius Medical Fixed Asset Turnover quarterly data regression had r-value of  0.77 and coefficient of variation of  55.74. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
2.8
Current Value
2.94
Quarterly Volatility
0.70057083
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Helius Medical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Helius Medical's main balance sheet or income statement drivers, such as Interest Expense of 244.2 K, Selling General Administrative of 9.6 M or Other Operating Expenses of 16.1 M, as well as many indicators such as Price To Sales Ratio of 7.21, Dividend Yield of 0.0 or PTB Ratio of 2.18. Helius financial statements analysis is a perfect complement when working with Helius Medical Valuation or Volatility modules.
  
Check out the analysis of Helius Medical Correlation against competitors.

Latest Helius Medical's Fixed Asset Turnover Growth Pattern

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

Helius Fixed Asset Turnover Regression Statistics

Arithmetic Mean1.26
Geometric Mean1.13
Coefficient Of Variation55.74
Mean Deviation0.50
Median0.86
Standard Deviation0.70
Sample Variance0.49
Range2.0772
R-Value0.77
Mean Square Error0.22
R-Squared0.59
Significance0.0008
Slope0.12
Total Sum of Squares6.87

Helius Fixed Asset Turnover History

2024 2.94
2023 2.8
2022 1.75
2021 1.27
2020 1.15
2019 1.18

About Helius Medical Financial Statements

Helius Medical shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Helius Medical investors may analyze each financial statement separately, they are all interrelated. The changes in Helius Medical's assets and liabilities, for example, are also reflected in the revenues and expenses on on Helius Medical'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 2.80  2.94 

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Additional Tools for Helius Stock Analysis

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