Pieris Fixed Asset Turnover from 2010 to 2024

PIRS Stock  USD 15.93  0.08  0.50%   
Pieris Pharmaceuticals Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to 1.37 in 2024. From the period from 2010 to 2024, Pieris Pharmaceuticals Fixed Asset Turnover quarterly data regression had r-value of (0.58) and coefficient of variation of  59.37. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
1.44
Current Value
1.37
Quarterly Volatility
1.74045148
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Pieris Pharmaceuticals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pieris Pharmaceuticals' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 M, Interest Expense of 12.3 M or Selling General Administrative of 13.5 M, as well as many indicators such as Price To Sales Ratio of 0.36, Dividend Yield of 0.0 or PTB Ratio of 0.58. Pieris financial statements analysis is a perfect complement when working with Pieris Pharmaceuticals Valuation or Volatility modules.
  
Check out the analysis of Pieris Pharmaceuticals Correlation against competitors.
For more information on how to buy Pieris Stock please use our How to Invest in Pieris Pharmaceuticals guide.

Latest Pieris Pharmaceuticals' Fixed Asset Turnover Growth Pattern

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

Pieris Fixed Asset Turnover Regression Statistics

Arithmetic Mean2.93
Geometric Mean2.47
Coefficient Of Variation59.37
Mean Deviation1.50
Median2.57
Standard Deviation1.74
Sample Variance3.03
Range5.1368
R-Value(0.58)
Mean Square Error2.18
R-Squared0.33
Significance0.02
Slope(0.22)
Total Sum of Squares42.41

Pieris Fixed Asset Turnover History

2024 1.37
2023 1.44
2022 1.25
2020 1.13
2019 2.02
2018 5.76
2017 6.27

About Pieris Pharmaceuticals Financial Statements

Pieris Pharmaceuticals shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Pieris Pharmaceuticals investors may analyze each financial statement separately, they are all interrelated. The changes in Pieris Pharmaceuticals' assets and liabilities, for example, are also reflected in the revenues and expenses on on Pieris Pharmaceuticals' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 1.44  1.37 

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Additional Tools for Pieris Stock Analysis

When running Pieris Pharmaceuticals' price analysis, check to measure Pieris Pharmaceuticals' 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 Pieris Pharmaceuticals is operating at the current time. Most of Pieris Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Pieris Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pieris Pharmaceuticals' price. Additionally, you may evaluate how the addition of Pieris Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.