Palladyne Fixed Asset Turnover from 2010 to 2024

PDYNW Stock   0.19  0.08  72.73%   
Palladyne Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 0.39 in 2024. During the period from 2010 to 2024, Palladyne Fixed Asset Turnover regression line of quarterly data had mean square error of  2.88 and geometric mean of  3.24. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.41154413
Current Value
0.39
Quarterly Volatility
2.57037973
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Palladyne financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Palladyne's main balance sheet or income statement drivers, such as Tax Provision of 7.3 K, Net Interest Income of 3.5 M or Depreciation And Amortization of 2.5 M, as well as many indicators such as Price To Sales Ratio of 2.67, Dividend Yield of 0.0 or PTB Ratio of 0.4. Palladyne financial statements analysis is a perfect complement when working with Palladyne Valuation or Volatility modules.
  
Check out the analysis of Palladyne Correlation against competitors.

Latest Palladyne's Fixed Asset Turnover Growth Pattern

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

Palladyne Fixed Asset Turnover Regression Statistics

Arithmetic Mean4.69
Geometric Mean3.24
Coefficient Of Variation54.83
Mean Deviation2.19
Median6.18
Standard Deviation2.57
Sample Variance6.61
Range5.7946
R-Value(0.77)
Mean Square Error2.88
R-Squared0.59
Significance0.0008
Slope(0.44)
Total Sum of Squares92.50

Palladyne Fixed Asset Turnover History

2024 0.39
2023 0.41
2022 0.77
2021 0.72

About Palladyne Financial Statements

Palladyne investors use historical fundamental indicators, such as Palladyne's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Palladyne. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 0.41  0.39 

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.

Additional Tools for Palladyne Stock Analysis

When running Palladyne's price analysis, check to measure Palladyne's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Palladyne is operating at the current time. Most of Palladyne's value examination focuses on studying past and present price action to predict the probability of Palladyne's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Palladyne's price. Additionally, you may evaluate how the addition of Palladyne to your portfolios can decrease your overall portfolio volatility.