Tantech Fixed Asset Turnover from 2010 to 2024

TANH Stock  USD 0.15  0.01  6.25%   
Tantech Holdings' Fixed Asset Turnover is increasing with slightly volatile movements from year to year. Fixed Asset Turnover is estimated to finish at 20.89 this year. For the period between 2010 and 2024, Tantech Holdings, Fixed Asset Turnover quarterly trend regression had mean deviation of  6.87 and range of 18.9531. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
19.89986652
Current Value
20.89
Quarterly Volatility
7.48702176
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tantech Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tantech Holdings' main balance sheet or income statement drivers, such as Depreciation And Amortization of 749.5 K, Interest Expense of 567.7 K or Selling General Administrative of 5 M, as well as many indicators such as Price To Sales Ratio of 0.0661, Dividend Yield of 0.0 or PTB Ratio of 0.0249. Tantech financial statements analysis is a perfect complement when working with Tantech Holdings Valuation or Volatility modules.
  
Check out the analysis of Tantech Holdings Correlation against competitors.
For more detail on how to invest in Tantech Stock please use our How to Invest in Tantech Holdings guide.

Latest Tantech Holdings' Fixed Asset Turnover Growth Pattern

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

Tantech Fixed Asset Turnover Regression Statistics

Arithmetic Mean10.80
Geometric Mean8.47
Coefficient Of Variation69.33
Mean Deviation6.87
Median5.29
Standard Deviation7.49
Sample Variance56.06
Range18.9531
R-Value0.90
Mean Square Error11.92
R-Squared0.80
Slope1.50
Total Sum of Squares784.78

Tantech Fixed Asset Turnover History

2024 20.89
2023 19.9
2022 17.4
2021 22.86
2020 17.06
2019 18.23
2018 9.12

About Tantech Holdings Financial Statements

Investors use fundamental indicators, such as Tantech Holdings' Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Tantech Holdings' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Fixed Asset Turnover 19.90  20.89 

Currently Active Assets on Macroaxis

When determining whether Tantech Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tantech Holdings' 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 Tantech Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tantech Holdings Stock:
Check out the analysis of Tantech Holdings Correlation against competitors.
For more detail on how to invest in Tantech Stock please use our How to Invest in Tantech Holdings guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Commodity Chemicals 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 Tantech Holdings. If investors know Tantech 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 Tantech Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.309
Earnings Share
2.02
Revenue Per Share
17.098
Quarterly Revenue Growth
0.04
Return On Assets
0.0083
The market value of Tantech Holdings is measured differently than its book value, which is the value of Tantech that is recorded on the company's balance sheet. Investors also form their own opinion of Tantech Holdings' value that differs from its market value or its book value, called intrinsic value, which is Tantech Holdings' 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 Tantech Holdings' market value can be influenced by many factors that don't directly affect Tantech Holdings' 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 Tantech Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tantech Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tantech Holdings' 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.