Protagenic Fixed Asset Turnover from 2010 to 2024

PTIX Stock  USD 0.59  0.01  1.67%   
Protagenic Therapeutics Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 12.71 in 2024. During the period from 2010 to 2024, Protagenic Therapeutics Fixed Asset Turnover regression line of annual values had r-squared of  0.48 and arithmetic mean of  44,748. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
13.38
Current Value
12.71
Quarterly Volatility
92.6 K
 
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' Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Protagenic Therapeutics over the last few years. It is Protagenic Therapeutics' Fixed 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.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Protagenic Fixed Asset Turnover Regression Statistics

Arithmetic Mean44,748
Geometric Mean100.03
Coefficient Of Variation206.95
Mean Deviation71,574
Median14.87
Standard Deviation92,608
Sample Variance8.6B
Range223.7K
R-Value(0.69)
Mean Square Error4.8B
R-Squared0.48
Significance0
Slope(14,379)
Total Sum of Squares120.1B

Protagenic Fixed Asset Turnover History

2024 12.71
2023 13.38
2013 14.87

About Protagenic Therapeutics Financial Statements

Protagenic Therapeutics investors use historical fundamental indicators, such as Protagenic Therapeutics' 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 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 

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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.