CbdMD Fixed Asset Turnover from 2010 to 2024

YCBD Stock  USD 0.47  0.01  2.17%   
CbdMD's Fixed Asset Turnover is decreasing over the years with very volatile fluctuation. Fixed Asset Turnover is expected to dwindle to 6.49. During the period from 2010 to 2024 CbdMD Fixed Asset Turnover annual values regression line had geometric mean of  10.85 and mean square error of  1,596. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
6.83
Current Value
6.49
Quarterly Volatility
38.58906236
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CbdMD financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CbdMD's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Interest Income of 98.9 K or Interest Expense of 17.7 K, as well as many indicators such as Price To Sales Ratio of 0.0942, Dividend Yield of 1.66 or PTB Ratio of 0.25. CbdMD financial statements analysis is a perfect complement when working with CbdMD Valuation or Volatility modules.
  
Check out the analysis of CbdMD Correlation against competitors.

Latest CbdMD's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of cbdMD Inc over the last few years. It is CbdMD's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CbdMD's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Very volatile
   Fixed Asset Turnover   
       Timeline  

CbdMD Fixed Asset Turnover Regression Statistics

Arithmetic Mean20.15
Geometric Mean10.85
Coefficient Of Variation191.49
Mean Deviation20.02
Median11.27
Standard Deviation38.59
Sample Variance1,489
Range154
R-Value(0.07)
Mean Square Error1,596
R-Squared0
Significance0.81
Slope(0.58)
Total Sum of Squares20,848

CbdMD Fixed Asset Turnover History

2024 6.49
2023 6.83
2022 5.94
2021 6.38
2020 5.11
2019 3.87
2018 9.58

About CbdMD Financial Statements

CbdMD stakeholders use historical fundamental indicators, such as CbdMD's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although CbdMD investors may analyze each financial statement separately, they are all interrelated. For example, changes in CbdMD's assets and liabilities are reflected in the revenues and expenses on CbdMD'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 cbdMD Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 6.83  6.49 

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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 cbdMD Inc is a strong investment it is important to analyze CbdMD's 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 CbdMD's future performance. For an informed investment choice regarding CbdMD Stock, refer to the following important reports:
Check out the analysis of CbdMD Correlation against competitors.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Pharmaceuticals 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 CbdMD. If investors know CbdMD 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 CbdMD listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(10.90)
Revenue Per Share
7.06
Quarterly Revenue Growth
(0.15)
Return On Assets
(0.16)
Return On Equity
(1.35)
The market value of cbdMD Inc is measured differently than its book value, which is the value of CbdMD that is recorded on the company's balance sheet. Investors also form their own opinion of CbdMD's value that differs from its market value or its book value, called intrinsic value, which is CbdMD'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 CbdMD's market value can be influenced by many factors that don't directly affect CbdMD'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 CbdMD's value and its price as these two are different measures arrived at by different means. Investors typically determine if CbdMD is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CbdMD'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.