Comstock Fixed Asset Turnover from 2010 to 2024

LODE Stock  USD 0.36  0.02  5.26%   
Comstock Mining's Fixed Asset Turnover is decreasing over the years with slightly volatile fluctuation. Fixed Asset Turnover is expected to dwindle to 0.04. During the period from 2010 to 2024 Comstock Mining Fixed Asset Turnover annual values regression line had geometric mean of  0.12 and mean square error of  1.41. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.04024479
Current Value
0.0382
Quarterly Volatility
1.26496522
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Comstock Mining financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Comstock Mining's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 M, Interest Expense of 1.5 M or Selling General Administrative of 12 M, as well as many indicators such as Price To Sales Ratio of 42.94, Dividend Yield of 0.0 or PTB Ratio of 0.77. Comstock financial statements analysis is a perfect complement when working with Comstock Mining Valuation or Volatility modules.
  
Check out the analysis of Comstock Mining Correlation against competitors.
For information on how to trade Comstock Stock refer to our How to Trade Comstock Stock guide.

Latest Comstock Mining's Fixed Asset Turnover Growth Pattern

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

Comstock Fixed Asset Turnover Regression Statistics

Arithmetic Mean0.75
Geometric Mean0.12
Coefficient Of Variation168.36
Mean Deviation0.95
Median0.04
Standard Deviation1.26
Sample Variance1.60
Range3.4844
R-Value(0.43)
Mean Square Error1.41
R-Squared0.18
Significance0.11
Slope(0.12)
Total Sum of Squares22.40

Comstock Fixed Asset Turnover History

2024 0.0382
2023 0.0402
2022 0.0115
2021 0.0397
2020 0.0348
2019 0.0316
2018 0.0209

About Comstock Mining Financial Statements

Comstock Mining stakeholders use historical fundamental indicators, such as Comstock Mining's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Comstock Mining investors may analyze each financial statement separately, they are all interrelated. For example, changes in Comstock Mining's assets and liabilities are reflected in the revenues and expenses on Comstock Mining's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Comstock Mining. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 0.04  0.04 

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When determining whether Comstock Mining is a strong investment it is important to analyze Comstock Mining's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Comstock Mining's future performance. For an informed investment choice regarding Comstock Stock, refer to the following important reports:
Check out the analysis of Comstock Mining Correlation against competitors.
For information on how to trade Comstock Stock refer to our How to Trade Comstock Stock guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Comstock Mining. If investors know Comstock will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Comstock Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
26.933
Earnings Share
(0.12)
Revenue Per Share
0.013
Quarterly Revenue Growth
(0.27)
Return On Assets
(0.12)
The market value of Comstock Mining is measured differently than its book value, which is the value of Comstock that is recorded on the company's balance sheet. Investors also form their own opinion of Comstock Mining's value that differs from its market value or its book value, called intrinsic value, which is Comstock Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Comstock Mining's market value can be influenced by many factors that don't directly affect Comstock Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Comstock Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comstock Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comstock Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.