Astrotech Fixed Asset Turnover from 2010 to 2024

ASTC Stock  USD 7.10  0.35  4.70%   
Astrotech Corp's Fixed Asset Turnover is decreasing over the years with very volatile fluctuation. Overall, Fixed Asset Turnover is expected to go to 0.65 this year. During the period from 2010 to 2024 Astrotech Corp Fixed Asset Turnover annual values regression line had geometric mean of  0.45 and mean square error of  0.05. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.57737682
Current Value
0.6529745
Quarterly Volatility
0.22003642
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Astrotech Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Astrotech Corp's main balance sheet or income statement drivers, such as Interest Expense of 226.6 K, Selling General Administrative of 1.3 M or Total Revenue of 1.6 M, as well as many indicators such as Price To Sales Ratio of 1.74, Dividend Yield of 0.0347 or Days Sales Outstanding of 44.06. Astrotech financial statements analysis is a perfect complement when working with Astrotech Corp Valuation or Volatility modules.
  
Check out the analysis of Astrotech Corp Correlation against competitors.
For information on how to trade Astrotech Stock refer to our How to Trade Astrotech Stock guide.

Latest Astrotech Corp's Fixed Asset Turnover Growth Pattern

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

Astrotech Fixed Asset Turnover Regression Statistics

Arithmetic Mean0.52
Geometric Mean0.45
Coefficient Of Variation42.58
Mean Deviation0.19
Median0.62
Standard Deviation0.22
Sample Variance0.05
Range0.6701
R-Value(0.1)
Mean Square Error0.05
R-Squared0.01
Significance0.73
Slope(0)
Total Sum of Squares0.68

Astrotech Fixed Asset Turnover History

2023 0.58
2022 0.26
2021 0.69
2019 0.41
2018 0.27
2017 0.12
2016 0.73

About Astrotech Corp Financial Statements

Astrotech Corp stakeholders use historical fundamental indicators, such as Astrotech Corp's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Astrotech Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in Astrotech Corp's assets and liabilities are reflected in the revenues and expenses on Astrotech Corp'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 Astrotech Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 0.58  0.65 

Also Currently Popular

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 Astrotech Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Astrotech Corp'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 Astrotech Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Astrotech Corp Stock:
Check out the analysis of Astrotech Corp Correlation against competitors.
For information on how to trade Astrotech Stock refer to our How to Trade Astrotech Stock guide.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Aerospace & Defense 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 Astrotech Corp. If investors know Astrotech 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 Astrotech Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(7.34)
Revenue Per Share
1.016
Quarterly Revenue Growth
(0.82)
Return On Assets
(0.19)
Return On Equity
(0.29)
The market value of Astrotech Corp is measured differently than its book value, which is the value of Astrotech that is recorded on the company's balance sheet. Investors also form their own opinion of Astrotech Corp's value that differs from its market value or its book value, called intrinsic value, which is Astrotech Corp'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 Astrotech Corp's market value can be influenced by many factors that don't directly affect Astrotech Corp'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 Astrotech Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Astrotech Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astrotech Corp'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.