Chromadex Fixed Asset Turnover from 2010 to 2024

CDXC Stock  USD 7.72  0.08  1.05%   
Chromadex Corp's Fixed Asset Turnover is increasing over the years with slightly volatile fluctuation. Overall, Fixed Asset Turnover is expected to go to 19.34 this year. During the period from 2010 to 2024 Chromadex Corp Fixed Asset Turnover annual values regression line had geometric mean of  10.77 and mean square error of  9.52. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
18.41966057
Current Value
19.34
Quarterly Volatility
3.77102092
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Chromadex Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Chromadex Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 863.7 K, Interest Expense of 3.3 K or Selling General Administrative of 16.5 M, as well as many indicators such as Price To Sales Ratio of 1.22, Dividend Yield of 0.0 or PTB Ratio of 3.58. Chromadex financial statements analysis is a perfect complement when working with Chromadex Corp Valuation or Volatility modules.
  
Check out the analysis of Chromadex Corp Correlation against competitors.
For information on how to trade Chromadex Stock refer to our How to Trade Chromadex Stock guide.

Latest Chromadex Corp's Fixed Asset Turnover Growth Pattern

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

Chromadex Fixed Asset Turnover Regression Statistics

Arithmetic Mean11.32
Geometric Mean10.77
Coefficient Of Variation33.31
Mean Deviation2.82
Median11.40
Standard Deviation3.77
Sample Variance14.22
Range13.5336
R-Value0.62
Mean Square Error9.52
R-Squared0.38
Significance0.01
Slope0.52
Total Sum of Squares199.09

Chromadex Fixed Asset Turnover History

2024 19.34
2023 18.42
2022 11.4
2021 9.17
2020 13.37
2019 9.94

About Chromadex Corp Financial Statements

Chromadex Corp stakeholders use historical fundamental indicators, such as Chromadex Corp's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Chromadex Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in Chromadex Corp's assets and liabilities are reflected in the revenues and expenses on Chromadex Corp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Chromadex Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 18.42  19.34 

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When determining whether Chromadex Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Chromadex Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Chromadex Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Chromadex Corp Stock:
Check out the analysis of Chromadex Corp Correlation against competitors.
For information on how to trade Chromadex Stock refer to our How to Trade Chromadex Stock guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Life Sciences Tools & Services 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 Chromadex Corp. If investors know Chromadex 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 Chromadex Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.02
Revenue Per Share
1.215
Quarterly Revenue Growth
0.312
Return On Assets
0.0051
Return On Equity
0.0482
The market value of Chromadex Corp is measured differently than its book value, which is the value of Chromadex that is recorded on the company's balance sheet. Investors also form their own opinion of Chromadex Corp's value that differs from its market value or its book value, called intrinsic value, which is Chromadex Corp's 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 Chromadex Corp's market value can be influenced by many factors that don't directly affect Chromadex Corp's 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 Chromadex Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chromadex Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chromadex Corp's 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.