Lifezone Asset Turnover from 2010 to 2024

LZM Stock   6.83  0.03  0.44%   
Lifezone Metals Asset Turnover yearly trend continues to be very stable with very little volatility. Asset Turnover is likely to drop to 0.01. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently Lifezone Metals Limited uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.01038803
Current Value
0.009869
Quarterly Volatility
0.25316521
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Lifezone Metals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Lifezone Metals' main balance sheet or income statement drivers, such as Tax Provision of 0.0, Net Interest Income of 373 K or Interest Income of 538.8 K, as well as many indicators such as Price To Sales Ratio of 423, Dividend Yield of 0.0 or PTB Ratio of 14.01. Lifezone financial statements analysis is a perfect complement when working with Lifezone Metals Valuation or Volatility modules.
  
Check out the analysis of Lifezone Metals Correlation against competitors.

Latest Lifezone Metals' Asset Turnover Growth Pattern

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

Lifezone Asset Turnover Regression Statistics

Arithmetic Mean0.46
Geometric Mean0.26
Coefficient Of Variation55.50
Mean Deviation0.21
Median0.60
Standard Deviation0.25
Sample Variance0.06
Range0.5923
R-Value(0.78)
Mean Square Error0.03
R-Squared0.60
Significance0.0007
Slope(0.04)
Total Sum of Squares0.90

Lifezone Asset Turnover History

2024 0.009869
2023 0.0104
2022 0.0302
2021 0.17

Other Fundumenentals of Lifezone Metals

Lifezone Metals Asset Turnover component correlations

About Lifezone Metals Financial Statements

Lifezone Metals investors utilize fundamental indicators, such as Asset Turnover, to predict how Lifezone Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 0.02  0.02 
Asset Turnover 0.01  0.01 

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When determining whether Lifezone Metals is a strong investment it is important to analyze Lifezone Metals' 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 Lifezone Metals' future performance. For an informed investment choice regarding Lifezone Stock, refer to the following important reports:
Check out the analysis of Lifezone Metals Correlation against competitors.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Diversified 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 Lifezone Metals. If investors know Lifezone 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 Lifezone Metals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.30)
Revenue Per Share
0.013
Quarterly Revenue Growth
(0.25)
Return On Assets
(1.33)
Return On Equity
(3.99)
The market value of Lifezone Metals is measured differently than its book value, which is the value of Lifezone that is recorded on the company's balance sheet. Investors also form their own opinion of Lifezone Metals' value that differs from its market value or its book value, called intrinsic value, which is Lifezone Metals' 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 Lifezone Metals' market value can be influenced by many factors that don't directly affect Lifezone Metals' 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 Lifezone Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lifezone Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lifezone Metals' 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.