ENDRA Fixed Asset Turnover from 2010 to 2024

NDRA Stock  USD 5.71  0.34  5.62%   
ENDRA Life's Fixed Asset Turnover is decreasing over the years with slightly volatile fluctuation. Fixed Asset Turnover is expected to dwindle to 0.02. From 2010 to 2024 ENDRA Life Fixed Asset Turnover quarterly data regression line had arithmetic mean of  1.11 and r-squared of  0.57. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.026
Current Value
0.0247
Quarterly Volatility
1.1825785
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ENDRA Life financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ENDRA Life's main balance sheet or income statement drivers, such as Depreciation And Amortization of 289.2 K, Interest Expense of 23.5 K or Selling General Administrative of 3.7 M, as well as many indicators such as Price To Sales Ratio of 1.8 M, Dividend Yield of 0.0 or PTB Ratio of 5.6 K. ENDRA financial statements analysis is a perfect complement when working with ENDRA Life Valuation or Volatility modules.
  
Check out the analysis of ENDRA Life Correlation against competitors.

Latest ENDRA Life's Fixed Asset Turnover Growth Pattern

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

ENDRA Fixed Asset Turnover Regression Statistics

Arithmetic Mean1.11
Geometric Mean0.25
Coefficient Of Variation106.53
Mean Deviation1.01
Median1.46
Standard Deviation1.18
Sample Variance1.40
Range3.8931
R-Value(0.75)
Mean Square Error0.65
R-Squared0.57
Significance0
Slope(0.20)
Total Sum of Squares19.58

ENDRA Fixed Asset Turnover History

2024 0.0247
2023 0.026
2018 0.0226
2017 1.46
2016 1.75
2015 3.92

About ENDRA Life Financial Statements

ENDRA Life stakeholders use historical fundamental indicators, such as ENDRA Life's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although ENDRA Life investors may analyze each financial statement separately, they are all interrelated. For example, changes in ENDRA Life's assets and liabilities are reflected in the revenues and expenses on ENDRA Life'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 ENDRA Life Sciences. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 0.03  0.02 

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When determining whether ENDRA Life Sciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ENDRA Life's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Endra Life Sciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Endra Life Sciences Stock:
Check out the analysis of ENDRA Life Correlation against competitors.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Health Care Equipment & Supplies 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 ENDRA Life. If investors know ENDRA 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 ENDRA Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(105.78)
Return On Assets
(0.61)
Return On Equity
(1.20)
The market value of ENDRA Life Sciences is measured differently than its book value, which is the value of ENDRA that is recorded on the company's balance sheet. Investors also form their own opinion of ENDRA Life's value that differs from its market value or its book value, called intrinsic value, which is ENDRA Life'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 ENDRA Life's market value can be influenced by many factors that don't directly affect ENDRA Life'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 ENDRA Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if ENDRA Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ENDRA Life'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.