Tandem Fixed Asset Turnover from 2010 to 2024

TNDM Stock  USD 31.22  1.18  3.93%   
Tandem Diabetes Fixed Asset Turnover yearly trend continues to be very stable with very little volatility. Fixed Asset Turnover is likely to drop to 4.35. During the period from 2010 to 2024, Tandem Diabetes Fixed Asset Turnover quarterly data regression pattern had sample variance of  9.42 and median of  4.55. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
4.55001734
Current Value
4.35
Quarterly Volatility
3.06871504
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tandem Diabetes financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tandem Diabetes' main balance sheet or income statement drivers, such as Depreciation And Amortization of 8 M, Interest Expense of 6 M or Selling General Administrative of 370.1 M, as well as many indicators such as Price To Sales Ratio of 2.44, Dividend Yield of 0.0 or PTB Ratio of 4.71. Tandem financial statements analysis is a perfect complement when working with Tandem Diabetes Valuation or Volatility modules.
  
Check out the analysis of Tandem Diabetes Correlation against competitors.

Latest Tandem Diabetes' Fixed Asset Turnover Growth Pattern

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

Tandem Fixed Asset Turnover Regression Statistics

Arithmetic Mean4.68
Geometric Mean2.98
Coefficient Of Variation65.57
Mean Deviation2.19
Median4.55
Standard Deviation3.07
Sample Variance9.42
Range10.4451
R-Value0.63
Mean Square Error6.13
R-Squared0.40
Significance0.01
Slope0.43
Total Sum of Squares131.84

Tandem Fixed Asset Turnover History

2024 4.35
2023 4.55
2022 4.47
2021 9.02
2020 7.15
2019 7.47
2018 10.72

About Tandem Diabetes Financial Statements

Tandem Diabetes investors utilize fundamental indicators, such as Fixed Asset Turnover, to predict how Tandem Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 4.55  4.35 

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When determining whether Tandem Diabetes Care is a strong investment it is important to analyze Tandem Diabetes' 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 Tandem Diabetes' future performance. For an informed investment choice regarding Tandem Stock, refer to the following important reports:
Check out the analysis of Tandem Diabetes Correlation against competitors.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Health Care Equipment & Supplies 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 Tandem Diabetes. If investors know Tandem 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 Tandem Diabetes 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
(0.37)
Earnings Share
(2.02)
Revenue Per Share
13.082
Quarterly Revenue Growth
0.314
Return On Assets
(0.1)
The market value of Tandem Diabetes Care is measured differently than its book value, which is the value of Tandem that is recorded on the company's balance sheet. Investors also form their own opinion of Tandem Diabetes' value that differs from its market value or its book value, called intrinsic value, which is Tandem Diabetes' 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 Tandem Diabetes' market value can be influenced by many factors that don't directly affect Tandem Diabetes' 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 Tandem Diabetes' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tandem Diabetes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tandem Diabetes' 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.