MidCap Asset Turnover from 2010 to 2024

MFIC Stock  USD 14.17  0.12  0.85%   
MidCap Financial's Asset Turnover is increasing over the years with stable fluctuation. Asset Turnover is expected to dwindle to 0.05. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently MidCap Financial Investment uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.05323206
Current Value
0.0472
Quarterly Volatility
0.0256499
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MidCap Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MidCap Financial's main balance sheet or income statement drivers, such as Interest Expense of 62.4 M, Selling General Administrative of 14.6 M or Total Revenue of 70.3 M, as well as many indicators such as Price To Sales Ratio of 6.38, Dividend Yield of 0.1 or PTB Ratio of 0.97. MidCap financial statements analysis is a perfect complement when working with MidCap Financial Valuation or Volatility modules.
  
Check out the analysis of MidCap Financial Correlation against competitors.

Latest MidCap Financial's Asset Turnover Growth Pattern

Below is the plot of the Asset Turnover of MidCap Financial Investment 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. MidCap Financial's Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MidCap Financial's overall financial position and show how it may be relating to other accounts over time.
Asset Turnover10 Years Trend
Pretty Stable
   Asset Turnover   
       Timeline  

MidCap Asset Turnover Regression Statistics

Arithmetic Mean0.03
Coefficient Of Variation77.01
Mean Deviation0.02
Median0.04
Standard Deviation0.03
Sample Variance0.0007
Range0.1082
R-Value0.11
Mean Square Error0.0007
R-Squared0.01
Significance0.69
Slope0.0006
Total Sum of Squares0.01

MidCap Asset Turnover History

2024 0.0472
2023 0.0532
2022 0.056
2021 0.0372
2020 0.0498
2019 -0.0334
2018 0.0336

Other Fundumenentals of MidCap Financial Inv

MidCap Financial Asset Turnover component correlations

0.780.660.25-0.40.810.260.57-0.510.580.480.260.210.230.240.29
0.780.210.72-0.170.88-0.04-0.03-0.320.910.230.670.51-0.050.030.51
0.660.21-0.42-0.890.260.510.78-0.880.060.84-0.36-0.250.220.17-0.2
0.250.72-0.420.380.59-0.3-0.580.230.84-0.270.890.670.010.110.71
-0.4-0.17-0.890.38-0.12-0.41-0.470.97-0.11-0.880.340.260.030.070.28
0.810.880.260.59-0.120.00.21-0.210.790.160.480.33-0.08-0.020.33
0.26-0.040.51-0.3-0.410.00.43-0.43-0.060.5-0.24-0.20.090.04-0.12
0.57-0.030.78-0.58-0.470.210.43-0.42-0.230.43-0.58-0.430.190.13-0.43
-0.51-0.32-0.880.230.97-0.21-0.43-0.42-0.26-0.870.170.1-0.07-0.050.11
0.580.910.060.84-0.110.79-0.06-0.23-0.260.150.690.51-0.080.010.5
0.480.230.84-0.27-0.880.160.50.43-0.870.15-0.24-0.270.0-0.06-0.14
0.260.67-0.360.890.340.48-0.24-0.580.170.69-0.240.820.240.340.9
0.210.51-0.250.670.260.33-0.2-0.430.10.51-0.270.820.320.440.76
0.23-0.050.220.010.03-0.080.090.19-0.07-0.080.00.240.320.980.55
0.240.030.170.110.07-0.020.040.13-0.050.01-0.060.340.440.980.59
0.290.51-0.20.710.280.33-0.12-0.430.110.5-0.140.90.760.550.59
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About MidCap Financial Financial Statements

MidCap Financial stakeholders use historical fundamental indicators, such as MidCap Financial's Asset Turnover, to determine how well the company is positioned to perform in the future. Although MidCap Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in MidCap Financial's assets and liabilities are reflected in the revenues and expenses on MidCap Financial'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 MidCap Financial Investment. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Asset Turnover 0.05  0.05 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether MidCap Financial Inv is a strong investment it is important to analyze MidCap Financial'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 MidCap Financial's future performance. For an informed investment choice regarding MidCap Stock, refer to the following important reports:
Check out the analysis of MidCap Financial Correlation against competitors.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Asset Management & Custody Banks 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 MidCap Financial. If investors know MidCap 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 MidCap Financial 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
(0.33)
Dividend Share
1.52
Earnings Share
1.54
Revenue Per Share
4.118
Quarterly Revenue Growth
0.205
The market value of MidCap Financial Inv is measured differently than its book value, which is the value of MidCap that is recorded on the company's balance sheet. Investors also form their own opinion of MidCap Financial's value that differs from its market value or its book value, called intrinsic value, which is MidCap Financial'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 MidCap Financial's market value can be influenced by many factors that don't directly affect MidCap Financial'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 MidCap Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if MidCap Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MidCap Financial'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.