23Andme Fixed Asset Turnover from 2010 to 2024
ME Stock | USD 3.23 0.08 2.54% |
Fixed Asset Turnover | First Reported 2010-12-31 | Previous Quarter 2.84339439 | Current Value 2.04 | Quarterly Volatility 0.28674043 |
Check 23Andme Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among 23Andme Holding's main balance sheet or income statement drivers, such as Depreciation And Amortization of 34.9 M, Interest Expense of 11.6 M or Selling General Administrative of 101.2 M, as well as many indicators such as Price To Sales Ratio of 23.98, Dividend Yield of 0.0 or PTB Ratio of 27.94. 23Andme financial statements analysis is a perfect complement when working with 23Andme Holding Valuation or Volatility modules.
23Andme | Fixed Asset Turnover |
Latest 23Andme Holding's Fixed Asset Turnover Growth Pattern
Below is the plot of the Fixed Asset Turnover of 23Andme Holding Co over the last few years. It is 23Andme Holding's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in 23Andme Holding's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover | 10 Years Trend |
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Fixed Asset Turnover |
Timeline |
23Andme Fixed Asset Turnover Regression Statistics
Arithmetic Mean | 2.51 | |
Geometric Mean | 2.50 | |
Coefficient Of Variation | 11.41 | |
Mean Deviation | 0.17 | |
Median | 2.54 | |
Standard Deviation | 0.29 | |
Sample Variance | 0.08 | |
Range | 1.196 | |
R-Value | (0.04) | |
Mean Square Error | 0.09 | |
R-Squared | 0 | |
Significance | 0.88 | |
Slope | (0) | |
Total Sum of Squares | 1.15 |
23Andme Fixed Asset Turnover History
About 23Andme Holding Financial Statements
23Andme Holding stakeholders use historical fundamental indicators, such as 23Andme Holding's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although 23Andme Holding investors may analyze each financial statement separately, they are all interrelated. For example, changes in 23Andme Holding's assets and liabilities are reflected in the revenues and expenses on 23Andme Holding'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 23Andme Holding Co. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Fixed Asset Turnover | 2.84 | 2.04 |
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Is Biotechnology 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 23Andme Holding. If investors know 23Andme 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 23Andme Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (122.52) | Revenue Per Share 8.224 | Quarterly Revenue Growth (0.34) | Return On Assets (0.26) | Return On Equity (1.54) |
The market value of 23Andme Holding is measured differently than its book value, which is the value of 23Andme that is recorded on the company's balance sheet. Investors also form their own opinion of 23Andme Holding's value that differs from its market value or its book value, called intrinsic value, which is 23Andme Holding'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 23Andme Holding's market value can be influenced by many factors that don't directly affect 23Andme Holding'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 23Andme Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if 23Andme Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 23Andme Holding'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.