MeiraGTx Fixed Asset Turnover from 2010 to 2024

MGTX Stock  USD 6.77  0.22  3.36%   
MeiraGTx Holdings Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 0.09 in 2024. During the period from 2010 to 2024, MeiraGTx Holdings Fixed Asset Turnover regression line of annual values had r-squared of  0.45 and arithmetic mean of  0.22. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.08971569
Current Value
0.0852
Quarterly Volatility
0.06890598
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MeiraGTx Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MeiraGTx Holdings' main balance sheet or income statement drivers, such as Interest Income of 2.3 M, Depreciation And Amortization of 14.4 M or Interest Expense of 13.9 M, as well as many indicators such as Price To Sales Ratio of 35.48, Dividend Yield of 0.0 or PTB Ratio of 3.01. MeiraGTx financial statements analysis is a perfect complement when working with MeiraGTx Holdings Valuation or Volatility modules.
  
Check out the analysis of MeiraGTx Holdings Correlation against competitors.

Latest MeiraGTx Holdings' Fixed Asset Turnover Growth Pattern

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

MeiraGTx Fixed Asset Turnover Regression Statistics

Arithmetic Mean0.22
Geometric Mean0.20
Coefficient Of Variation31.61
Mean Deviation0.06
Median0.25
Standard Deviation0.07
Sample Variance0
Range0.2133
R-Value(0.67)
Mean Square Error0
R-Squared0.45
Significance0.01
Slope(0.01)
Total Sum of Squares0.07

MeiraGTx Fixed Asset Turnover History

2024 0.0852
2023 0.0897
2022 0.1
2021 0.3
2020 0.18

About MeiraGTx Holdings Financial Statements

MeiraGTx Holdings investors use historical fundamental indicators, such as MeiraGTx Holdings' Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in MeiraGTx Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 0.09  0.09 

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Additional Tools for MeiraGTx Stock Analysis

When running MeiraGTx Holdings' price analysis, check to measure MeiraGTx Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MeiraGTx Holdings is operating at the current time. Most of MeiraGTx Holdings' value examination focuses on studying past and present price action to predict the probability of MeiraGTx Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MeiraGTx Holdings' price. Additionally, you may evaluate how the addition of MeiraGTx Holdings to your portfolios can decrease your overall portfolio volatility.