SCHMID Asset Turnover from 2010 to 2024

SHMDW Stock   0.28  0.05  21.74%   
SCHMID Group Asset Turnover yearly trend continues to be fairly stable with very little volatility. Asset Turnover will likely drop to 0.43 in 2024. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently SCHMID Group NV uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.84672834
Current Value
0.43
Quarterly Volatility
0.16874848
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SCHMID Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SCHMID Group's main balance sheet or income statement drivers, such as Tax Provision of 1.6 M, Interest Income of 4.1 M or Depreciation And Amortization of 6.6 M, as well as many indicators such as Price To Sales Ratio of 0.0, Ptb Ratio of 0.0 or Days Sales Outstanding of 320. SCHMID financial statements analysis is a perfect complement when working with SCHMID Group Valuation or Volatility modules.
  
Check out the analysis of SCHMID Group Correlation against competitors.

Latest SCHMID Group's Asset Turnover Growth Pattern

Below is the plot of the Asset Turnover of SCHMID Group NV 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. SCHMID Group's Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SCHMID Group'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  

SCHMID Asset Turnover Regression Statistics

Arithmetic Mean0.32
Geometric Mean0.29
Coefficient Of Variation53.26
Mean Deviation0.11
Median0.25
Standard Deviation0.17
Sample Variance0.03
Range0.601
R-Value0.60
Mean Square Error0.02
R-Squared0.36
Significance0.02
Slope0.02
Total Sum of Squares0.40

SCHMID Asset Turnover History

2024 0.43
2023 0.85
2022 0.53

Other Fundumenentals of SCHMID Group NV

SCHMID Group Asset Turnover component correlations

-0.310.680.71-0.25-0.210.520.770.960.210.880.570.27-0.720.870.60.27
-0.310.44-0.83-0.82-0.850.39-0.83-0.540.810.150.510.810.430.16-0.550.81
0.680.440.12-0.83-0.770.780.150.470.750.880.910.81-0.320.89-0.020.81
0.71-0.830.120.440.510.090.990.81-0.50.30.01-0.45-0.560.290.47-0.45
-0.25-0.82-0.830.440.98-0.560.39-0.01-0.98-0.67-0.76-0.990.1-0.680.2-0.99
-0.21-0.85-0.770.510.98-0.590.460.01-0.98-0.65-0.76-1.00.03-0.650.12-1.0
0.520.390.780.09-0.56-0.590.060.340.450.630.960.590.160.64-0.050.59
0.77-0.830.150.990.390.460.060.87-0.430.380.01-0.39-0.670.370.58-0.39
0.96-0.540.470.81-0.010.010.340.870.00.750.360.04-0.770.740.750.04
0.210.810.75-0.5-0.98-0.980.45-0.430.00.650.670.99-0.160.66-0.10.99
0.880.150.880.3-0.67-0.650.630.380.750.650.770.69-0.621.00.450.69
0.570.510.910.01-0.76-0.760.960.010.360.670.770.780.00.78-0.040.78
0.270.810.81-0.45-0.99-1.00.59-0.390.040.990.690.78-0.090.7-0.121.0
-0.720.43-0.32-0.560.10.030.16-0.67-0.77-0.16-0.620.0-0.09-0.62-0.66-0.09
0.870.160.890.29-0.68-0.650.640.370.740.661.00.780.7-0.620.440.7
0.6-0.55-0.020.470.20.12-0.050.580.75-0.10.45-0.04-0.12-0.660.44-0.12
0.270.810.81-0.45-0.99-1.00.59-0.390.040.990.690.781.0-0.090.7-0.12
Click cells to compare fundamentals

About SCHMID Group Financial Statements

SCHMID Group investors use historical fundamental indicators, such as SCHMID Group'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 SCHMID Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 6.11  4.04 
Asset Turnover 0.85  0.43 

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Additional Tools for SCHMID Stock Analysis

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