Revolution Fixed Asset Turnover from 2010 to 2024

RVMD Stock  USD 57.85  0.73  1.25%   
Revolution Medicines' Fixed Asset Turnover is decreasing over the years with slightly volatile fluctuation. Fixed Asset Turnover is expected to dwindle to 0.11. During the period from 2010 to 2024 Revolution Medicines Fixed Asset Turnover annual values regression line had geometric mean of  1.47 and mean square error of  2.47. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.11578379
Current Value
0.11
Quarterly Volatility
1.75905693
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Revolution Medicines financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Revolution Medicines' main balance sheet or income statement drivers, such as Net Interest Income of 49.5 M, Interest Income of 49.9 M or Depreciation And Amortization of 6.5 M, as well as many indicators such as Price To Sales Ratio of 294, Dividend Yield of 0.0 or PTB Ratio of 1.69. Revolution financial statements analysis is a perfect complement when working with Revolution Medicines Valuation or Volatility modules.
  
Check out the analysis of Revolution Medicines Correlation against competitors.
For information on how to trade Revolution Stock refer to our How to Trade Revolution Stock guide.

Latest Revolution Medicines' Fixed Asset Turnover Growth Pattern

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

Revolution Fixed Asset Turnover Regression Statistics

Arithmetic Mean2.38
Geometric Mean1.47
Coefficient Of Variation73.88
Mean Deviation1.28
Median2.93
Standard Deviation1.76
Sample Variance3.09
Range6.8917
R-Value(0.51)
Mean Square Error2.47
R-Squared0.26
Significance0.05
Slope(0.20)
Total Sum of Squares43.32

Revolution Fixed Asset Turnover History

2024 0.11
2023 0.12
2022 0.48
2021 0.41
2020 1.18
2019 7.0

About Revolution Medicines Financial Statements

Revolution Medicines stakeholders use historical fundamental indicators, such as Revolution Medicines' Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Revolution Medicines investors may analyze each financial statement separately, they are all interrelated. For example, changes in Revolution Medicines' assets and liabilities are reflected in the revenues and expenses on Revolution Medicines' 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 Revolution Medicines. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 0.12  0.11 

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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 Revolution Medicines is a strong investment it is important to analyze Revolution Medicines' 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 Revolution Medicines' future performance. For an informed investment choice regarding Revolution Stock, refer to the following important reports:
Check out the analysis of Revolution Medicines Correlation against competitors.
For information on how to trade Revolution Stock refer to our How to Trade Revolution Stock guide.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Biotechnology 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 Revolution Medicines. If investors know Revolution 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 Revolution Medicines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.66)
Revenue Per Share
0.005
Quarterly Revenue Growth
(0.95)
Return On Assets
(0.29)
Return On Equity
(0.47)
The market value of Revolution Medicines is measured differently than its book value, which is the value of Revolution that is recorded on the company's balance sheet. Investors also form their own opinion of Revolution Medicines' value that differs from its market value or its book value, called intrinsic value, which is Revolution Medicines' 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 Revolution Medicines' market value can be influenced by many factors that don't directly affect Revolution Medicines' 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 Revolution Medicines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Revolution Medicines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Revolution Medicines' 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.