Nano Asset Turnover from 2010 to 2024

NNOX Stock  USD 6.76  0.19  2.89%   
Nano X Asset Turnover yearly trend continues to be fairly stable with very little volatility. Asset Turnover is likely to outpace its year average in 2024. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently Nano X Imaging uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.04530112
Current Value
0.0476
Quarterly Volatility
0.01624006
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nano X financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nano X's main balance sheet or income statement drivers, such as Net Interest Income of 1.2 M, Depreciation And Amortization of 12.4 M or Interest Expense of 72.7 M, as well as many indicators such as Price To Sales Ratio of 34.44, Dividend Yield of 0.0 or PTB Ratio of 1.93. Nano financial statements analysis is a perfect complement when working with Nano X Valuation or Volatility modules.
  
Check out the analysis of Nano X Correlation against competitors.

Latest Nano X's Asset Turnover Growth Pattern

Below is the plot of the Asset Turnover of Nano X Imaging over the last few years. It is the ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales. Nano X's Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nano X's overall financial position and show how it may be relating to other accounts over time.
Asset Turnover10 Years Trend
Slightly volatile
   Asset Turnover   
       Timeline  

Nano Asset Turnover Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.01
Coefficient Of Variation143.49
Mean Deviation0.01
Median0
Standard Deviation0.02
Sample Variance0.0003
Range0.044
R-Value0.70
Mean Square Error0.0001
R-Squared0.49
Significance0
Slope0
Total Sum of Squares0

Nano Asset Turnover History

2024 0.0476
2023 0.0453
2022 0.0338

Other Fundumenentals of Nano X Imaging

Nano X Asset Turnover component correlations

1.00.9-0.66-0.770.870.781.00.820.950.710.950.92-0.98-0.360.62-0.480.55-0.55
1.00.93-0.71-0.780.850.721.00.860.960.770.960.89-0.99-0.360.63-0.490.56-0.57
0.90.93-0.9-0.690.670.460.930.980.890.940.890.71-0.95-0.340.61-0.450.49-0.5
-0.66-0.71-0.90.35-0.28-0.17-0.71-0.96-0.61-0.97-0.61-0.450.730.15-0.330.16-0.160.16
-0.77-0.78-0.690.35-0.89-0.54-0.78-0.58-0.9-0.51-0.9-0.630.820.76-0.940.91-0.950.95
0.870.850.67-0.28-0.890.770.850.520.930.40.930.81-0.85-0.430.71-0.640.77-0.79
0.780.720.46-0.17-0.540.770.720.340.670.160.670.93-0.64-0.230.37-0.280.31-0.31
1.01.00.93-0.71-0.780.850.720.860.960.770.960.89-0.99-0.360.63-0.50.57-0.57
0.820.860.98-0.96-0.580.520.340.860.80.980.80.61-0.88-0.30.52-0.370.39-0.39
0.950.960.89-0.61-0.90.930.670.960.80.711.00.81-0.97-0.490.77-0.660.74-0.75
0.710.770.94-0.97-0.510.40.160.770.980.710.710.46-0.81-0.280.48-0.340.36-0.36
0.950.960.89-0.61-0.90.930.670.960.81.00.710.81-0.97-0.490.77-0.660.74-0.75
0.920.890.71-0.45-0.630.810.930.890.610.810.460.81-0.82-0.280.49-0.350.37-0.37
-0.98-0.99-0.950.730.82-0.85-0.64-0.99-0.88-0.97-0.81-0.97-0.820.41-0.680.56-0.640.64
-0.36-0.36-0.340.150.76-0.43-0.23-0.36-0.3-0.49-0.28-0.49-0.280.41-0.910.94-0.790.75
0.620.630.61-0.33-0.940.710.370.630.520.770.480.770.49-0.68-0.91-0.970.91-0.89
-0.48-0.49-0.450.160.91-0.64-0.28-0.5-0.37-0.66-0.34-0.66-0.350.560.94-0.97-0.950.93
0.550.560.49-0.16-0.950.770.310.570.390.740.360.740.37-0.64-0.790.91-0.95-1.0
-0.55-0.57-0.50.160.95-0.79-0.31-0.57-0.39-0.75-0.36-0.75-0.370.640.75-0.890.93-1.0
Click cells to compare fundamentals

About Nano X Financial Statements

Nano X investors use historical fundamental indicators, such as Nano X's 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 Nano X. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 0.21  0.12 
Asset Turnover 0.05  0.05 

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When running Nano X's price analysis, check to measure Nano X's 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 Nano X is operating at the current time. Most of Nano X's value examination focuses on studying past and present price action to predict the probability of Nano X's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nano X's price. Additionally, you may evaluate how the addition of Nano X to your portfolios can decrease your overall portfolio volatility.