Zomedica Fixed Asset Turnover from 2010 to 2024

ZOM Stock  USD 0.12  0.01  7.69%   
Zomedica Pharmaceuticals Fixed Asset Turnover yearly trend continues to be very stable with very little volatility. Fixed Asset Turnover is likely to grow to 1.73 this year. During the period from 2010 to 2024, Zomedica Pharmaceuticals Fixed Asset Turnover quarterly data regression pattern had sample variance of  0.04 and median of  1.64. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.99573021
Current Value
1.73
Quarterly Volatility
0.20740556
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Zomedica Pharmaceuticals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Zomedica Pharmaceuticals' main balance sheet or income statement drivers, such as Interest Expense of 183.8 K, Selling General Administrative of 30.5 M or Other Operating Expenses of 59.6 M, as well as many indicators such as Price To Sales Ratio of 7.4, Dividend Yield of 0.0 or PTB Ratio of 0.78. Zomedica financial statements analysis is a perfect complement when working with Zomedica Pharmaceuticals Valuation or Volatility modules.
  
Check out the analysis of Zomedica Pharmaceuticals Correlation against competitors.

Latest Zomedica Pharmaceuticals' Fixed Asset Turnover Growth Pattern

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

Zomedica Fixed Asset Turnover Regression Statistics

Arithmetic Mean1.63
Geometric Mean1.61
Coefficient Of Variation12.73
Mean Deviation0.08
Median1.64
Standard Deviation0.21
Sample Variance0.04
Range1.0695
R-Value(0.08)
Mean Square Error0.05
R-Squared0.01
Significance0.77
Slope(0)
Total Sum of Squares0.60

Zomedica Fixed Asset Turnover History

2024 1.73
2023 1.0
2022 2.07

About Zomedica Pharmaceuticals Financial Statements

Zomedica Pharmaceuticals investors utilize fundamental indicators, such as Fixed Asset Turnover, to predict how Zomedica Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 1.00  1.73 

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When determining whether Zomedica Pharmaceuticals is a strong investment it is important to analyze Zomedica Pharmaceuticals' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Zomedica Pharmaceuticals' future performance. For an informed investment choice regarding Zomedica Stock, refer to the following important reports:
Check out the analysis of Zomedica Pharmaceuticals Correlation against competitors.
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Is Pharmaceuticals 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 Zomedica Pharmaceuticals. If investors know Zomedica 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 Zomedica Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.06)
Revenue Per Share
0.027
Quarterly Revenue Growth
0.018
Return On Assets
(0.09)
Return On Equity
(0.24)
The market value of Zomedica Pharmaceuticals is measured differently than its book value, which is the value of Zomedica that is recorded on the company's balance sheet. Investors also form their own opinion of Zomedica Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Zomedica Pharmaceuticals' 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 Zomedica Pharmaceuticals' market value can be influenced by many factors that don't directly affect Zomedica Pharmaceuticals' 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 Zomedica Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Zomedica Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zomedica Pharmaceuticals' 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.