Candel Fixed Asset Turnover from 2010 to 2024

CADL Stock  USD 4.43  0.08  1.77%   
Candel Therapeutics Fixed Asset Turnover yearly trend continues to be quite stable with very little volatility. The value of Fixed Asset Turnover is projected to decrease to 0.02. From the period between 2010 and 2024, Candel Therapeutics, Fixed Asset Turnover regression line of its data series had standard deviation of  0.13 and standard deviation of  0.13. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.0262
Current Value
0.0249
Quarterly Volatility
0.1288332
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Candel Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Candel Therapeutics' main balance sheet or income statement drivers, such as Interest Income of 1.2 M, Depreciation And Amortization of 596.5 K or Interest Expense of 358.1 K, as well as many indicators such as Price To Sales Ratio of 451, Dividend Yield of 0.0 or PTB Ratio of 3.5. Candel financial statements analysis is a perfect complement when working with Candel Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Candel Therapeutics Correlation against competitors.
For more information on how to buy Candel Stock please use our How to buy in Candel Stock guide.

Latest Candel Therapeutics' Fixed Asset Turnover Growth Pattern

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

Candel Fixed Asset Turnover Regression Statistics

Arithmetic Mean0.21
Geometric Mean0.14
Coefficient Of Variation62.49
Mean Deviation0.12
Median0.29
Standard Deviation0.13
Sample Variance0.02
Range0.2713
R-Value(0.82)
Mean Square Error0.01
R-Squared0.68
Significance0.0002
Slope(0.02)
Total Sum of Squares0.23

Candel Fixed Asset Turnover History

2024 0.0249
2023 0.0262
2022 0.0228
2021 0.0326
2020 0.0449

About Candel Therapeutics Financial Statements

Candel Therapeutics investors utilize fundamental indicators, such as Fixed Asset Turnover, to predict how Candel 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 0.03  0.02 

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When determining whether Candel Therapeutics is a strong investment it is important to analyze Candel Therapeutics' 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 Candel Therapeutics' future performance. For an informed investment choice regarding Candel Stock, refer to the following important reports:
Check out the analysis of Candel Therapeutics Correlation against competitors.
For more information on how to buy Candel Stock please use our How to buy in Candel Stock guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Biotechnology 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 Candel Therapeutics. If investors know Candel 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 Candel Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.73)
Revenue Per Share
0.001
Return On Assets
(0.52)
Return On Equity
(4.81)
The market value of Candel Therapeutics is measured differently than its book value, which is the value of Candel that is recorded on the company's balance sheet. Investors also form their own opinion of Candel Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Candel Therapeutics' 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 Candel Therapeutics' market value can be influenced by many factors that don't directly affect Candel Therapeutics' 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 Candel Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Candel Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Candel Therapeutics' 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.