Protagenic Asset Turnover from 2010 to 2024

PTIX Stock  USD 0.73  0.08  12.31%   
Protagenic Therapeutics Asset Turnover yearly trend continues to be fairly stable with very little volatility. Asset Turnover will likely drop to 0.95 in 2024. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently Protagenic Therapeutics uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
1.86
Current Value
0.95
Quarterly Volatility
0.82541239
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Protagenic Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Protagenic Therapeutics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 26.8 K, Interest Expense of 87.3 K or Selling General Administrative of 1.1 M, as well as many indicators such as Price To Sales Ratio of 0.28, Dividend Yield of 0.0 or PTB Ratio of 1.11. Protagenic financial statements analysis is a perfect complement when working with Protagenic Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Protagenic Therapeutics Correlation against competitors.
For more information on how to buy Protagenic Stock please use our How to Invest in Protagenic Therapeutics guide.

Latest Protagenic Therapeutics' Asset Turnover Growth Pattern

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

Protagenic Asset Turnover Regression Statistics

Arithmetic Mean1.58
Geometric Mean1.04
Coefficient Of Variation52.08
Mean Deviation0.68
Median2.07
Standard Deviation0.83
Sample Variance0.68
Range1.9803
R-Value0.51
Mean Square Error0.54
R-Squared0.26
Significance0.05
Slope0.09
Total Sum of Squares9.54

Protagenic Asset Turnover History

2024 0.95
2023 1.86
2013 2.07

Other Fundumenentals of Protagenic Therapeutics

Protagenic Therapeutics Asset Turnover component correlations

0.65-0.33-0.03-0.110.97-0.24-0.24-0.120.93-0.20.830.62-0.420.950.950.08
0.65-0.520.72-0.820.67-0.57-0.64-0.820.63-0.050.650.51-0.390.610.6-0.02
-0.33-0.52-0.310.42-0.370.710.610.42-0.070.32-0.45-0.290.21-0.12-0.120.16
-0.030.72-0.31-0.98-0.04-0.51-0.61-0.970.040.13-0.010.02-0.06-0.02-0.020.04
-0.11-0.820.42-0.98-0.120.570.670.99-0.15-0.08-0.18-0.170.17-0.09-0.090.06
0.970.67-0.37-0.04-0.12-0.25-0.25-0.130.89-0.20.890.67-0.450.920.920.03
-0.24-0.570.71-0.510.57-0.250.860.59-0.10.41-0.24-0.30.3-0.11-0.110.02
-0.24-0.640.61-0.610.67-0.250.860.68-0.24-0.1-0.27-0.330.3-0.15-0.140.07
-0.12-0.820.42-0.970.99-0.130.590.68-0.16-0.07-0.18-0.220.2-0.09-0.090.05
0.930.63-0.070.04-0.150.89-0.1-0.24-0.160.090.740.54-0.380.960.950.1
-0.2-0.050.320.13-0.08-0.20.41-0.1-0.070.09-0.18-0.220.2-0.1-0.10.05
0.830.65-0.45-0.01-0.180.89-0.24-0.27-0.180.74-0.180.72-0.490.790.78-0.32
0.620.51-0.290.02-0.170.67-0.3-0.33-0.220.54-0.220.72-0.70.520.51-0.26
-0.42-0.390.21-0.060.17-0.450.30.30.2-0.380.2-0.49-0.7-0.35-0.340.16
0.950.61-0.12-0.02-0.090.92-0.11-0.15-0.090.96-0.10.790.52-0.351.00.12
0.950.6-0.12-0.02-0.090.92-0.11-0.14-0.090.95-0.10.780.51-0.341.00.15
0.08-0.020.160.040.060.030.020.070.050.10.05-0.32-0.260.160.120.15
Click cells to compare fundamentals

About Protagenic Therapeutics Financial Statements

Protagenic Therapeutics investors use historical fundamental indicators, such as Protagenic Therapeutics' 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 Protagenic Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 13.38  12.71 
Asset Turnover 1.86  0.95 

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Additional Tools for Protagenic Stock Analysis

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