OneMedNet Fixed Asset Turnover from 2010 to 2024

ONMD Stock   0.91  0.03  3.41%   
OneMedNet Corp's Fixed Asset Turnover is decreasing over the years with slightly volatile fluctuation. Overall, Fixed Asset Turnover is expected to go to 19.29 this year. During the period from 2010 to 2024 OneMedNet Corp Fixed Asset Turnover annual values regression line had geometric mean of  21.45 and mean square error of  11.23. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
10.33317151
Current Value
19.29
Quarterly Volatility
4.26519358
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check OneMedNet Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among OneMedNet Corp's main balance sheet or income statement drivers, such as Interest Income of 154.8 K, Depreciation And Amortization of 22.3 K or Selling General Administrative of 3.3 M, as well as many indicators such as Price To Sales Ratio of 5.9 K, Dividend Yield of 0.0 or Days Sales Outstanding of 48.79. OneMedNet financial statements analysis is a perfect complement when working with OneMedNet Corp Valuation or Volatility modules.
  
Check out the analysis of OneMedNet Corp Correlation against competitors.
For information on how to trade OneMedNet Stock refer to our How to Trade OneMedNet Stock guide.

Latest OneMedNet Corp's Fixed Asset Turnover Growth Pattern

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

OneMedNet Fixed Asset Turnover Regression Statistics

Arithmetic Mean21.98
Geometric Mean21.45
Coefficient Of Variation19.40
Mean Deviation3.00
Median24.03
Standard Deviation4.27
Sample Variance18.19
Range13.6932
R-Value(0.65)
Mean Square Error11.23
R-Squared0.43
Significance0.01
Slope(0.62)
Total Sum of Squares254.69

OneMedNet Fixed Asset Turnover History

2024 19.29
2023 10.33
2022 13.87
2021 21.94

About OneMedNet Corp Financial Statements

OneMedNet Corp stakeholders use historical fundamental indicators, such as OneMedNet Corp's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although OneMedNet Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in OneMedNet Corp's assets and liabilities are reflected in the revenues and expenses on OneMedNet Corp'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 OneMedNet Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 10.33  19.29 

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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 OneMedNet Corp is a strong investment it is important to analyze OneMedNet Corp'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 OneMedNet Corp's future performance. For an informed investment choice regarding OneMedNet Stock, refer to the following important reports:
Check out the analysis of OneMedNet Corp Correlation against competitors.
For information on how to trade OneMedNet Stock refer to our How to Trade OneMedNet Stock guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Health Care Technology 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 OneMedNet Corp. If investors know OneMedNet 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 OneMedNet Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.98)
Revenue Per Share
0.043
Quarterly Revenue Growth
0.292
Return On Assets
(0.34)
The market value of OneMedNet Corp is measured differently than its book value, which is the value of OneMedNet that is recorded on the company's balance sheet. Investors also form their own opinion of OneMedNet Corp's value that differs from its market value or its book value, called intrinsic value, which is OneMedNet Corp'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 OneMedNet Corp's market value can be influenced by many factors that don't directly affect OneMedNet Corp'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 OneMedNet Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if OneMedNet Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OneMedNet Corp'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.