Stereotaxis Fixed Asset Turnover from 2010 to 2024

STXS Stock  USD 2.43  0.04  1.67%   
Stereotaxis Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to 3.07 in 2024. From the period from 2010 to 2024, Stereotaxis Fixed Asset Turnover quarterly data regression had r-value of  0.02 and coefficient of variation of  120.96. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
3.23087135
Current Value
3.07
Quarterly Volatility
37.4879558
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Stereotaxis financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Stereotaxis' main balance sheet or income statement drivers, such as Interest Expense of 528.8 K, Selling General Administrative of 13.3 M or Selling And Marketing Expenses of 11.8 M, as well as many indicators such as Price To Sales Ratio of 5.01, Dividend Yield of 0.0 or PTB Ratio of 7.32. Stereotaxis financial statements analysis is a perfect complement when working with Stereotaxis Valuation or Volatility modules.
  
Check out the analysis of Stereotaxis Correlation against competitors.
For more information on how to buy Stereotaxis Stock please use our How to Invest in Stereotaxis guide.

Latest Stereotaxis' Fixed Asset Turnover Growth Pattern

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

Stereotaxis Fixed Asset Turnover Regression Statistics

Arithmetic Mean30.99
Geometric Mean11.11
Coefficient Of Variation120.96
Mean Deviation26.00
Median21.74
Standard Deviation37.49
Sample Variance1,405
Range136
R-Value0.02
Mean Square Error1,513
R-Squared0.0004
Significance0.94
Slope0.18
Total Sum of Squares19,675

Stereotaxis Fixed Asset Turnover History

2024 3.07
2023 3.23
2022 3.05
2021 4.19
2020 136.47
2019 6.37
2018 85.39

About Stereotaxis Financial Statements

Stereotaxis shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Stereotaxis investors may analyze each financial statement separately, they are all interrelated. The changes in Stereotaxis' assets and liabilities, for example, are also reflected in the revenues and expenses on on Stereotaxis' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 3.23  3.07 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Stereotaxis Stock Analysis

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