Scisparc Fixed Asset Turnover from 2010 to 2024

SPRC Stock  USD 0.21  0.01  4.55%   
Scisparc's Fixed Asset Turnover is increasing over the years with slightly volatile fluctuation. Overall, Fixed Asset Turnover is expected to go to 27.99 this year. During the period from 2010 to 2024 Scisparc Fixed Asset Turnover annual values regression line had geometric mean of  9.04 and mean square error of  43.63. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
26.65740741
Current Value
27.99
Quarterly Volatility
7.8599255
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Scisparc financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Scisparc's main balance sheet or income statement drivers, such as Depreciation And Amortization of 564.9 K, Interest Expense of 8.6 K or Selling General Administrative of 3 M, as well as many indicators such as Price To Sales Ratio of 0.57, Dividend Yield of 0.0 or PTB Ratio of 0.22. Scisparc financial statements analysis is a perfect complement when working with Scisparc Valuation or Volatility modules.
  
Check out the analysis of Scisparc Correlation against competitors.
For information on how to trade Scisparc Stock refer to our How to Trade Scisparc Stock guide.

Latest Scisparc's Fixed Asset Turnover Growth Pattern

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

Scisparc Fixed Asset Turnover Regression Statistics

Arithmetic Mean12.18
Geometric Mean9.04
Coefficient Of Variation64.54
Mean Deviation5.57
Median9.74
Standard Deviation7.86
Sample Variance61.78
Range27.5923
R-Value0.59
Mean Square Error43.63
R-Squared0.34
Significance0.02
Slope1.03
Total Sum of Squares864.90

Scisparc Fixed Asset Turnover History

2024 27.99
2023 26.66
2022 23.63
2020 11.62
2019 2.85
2018 0.4

About Scisparc Financial Statements

Scisparc stakeholders use historical fundamental indicators, such as Scisparc's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Scisparc investors may analyze each financial statement separately, they are all interrelated. For example, changes in Scisparc's assets and liabilities are reflected in the revenues and expenses on Scisparc's 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 Scisparc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 26.66  27.99 

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When determining whether Scisparc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Scisparc's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Scisparc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Scisparc Stock:
Check out the analysis of Scisparc Correlation against competitors.
For information on how to trade Scisparc Stock refer to our How to Trade Scisparc Stock guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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 Scisparc. If investors know Scisparc 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 Scisparc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.28)
Revenue Per Share
1.357
Quarterly Revenue Growth
(0.57)
Return On Assets
(0.39)
Return On Equity
(0.86)
The market value of Scisparc is measured differently than its book value, which is the value of Scisparc that is recorded on the company's balance sheet. Investors also form their own opinion of Scisparc's value that differs from its market value or its book value, called intrinsic value, which is Scisparc's 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 Scisparc's market value can be influenced by many factors that don't directly affect Scisparc's 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 Scisparc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Scisparc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scisparc's 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.