Clearside Fixed Asset Turnover from 2010 to 2024

CLSD Stock  USD 1.05  0.02  1.87%   
Clearside Biomedical's Fixed Asset Turnover is increasing over the years with stable fluctuation. Fixed Asset Turnover is expected to dwindle to 2.02. During the period from 2010 to 2024 Clearside Biomedical Fixed Asset Turnover annual values regression line had geometric mean of  2.81 and mean square error of  148.42. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
2.12833118
Current Value
2.02
Quarterly Volatility
11.84614342
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Clearside Biomedical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Clearside Biomedical's main balance sheet or income statement drivers, such as Depreciation And Amortization of 132.5 K, Interest Expense of 9.8 M or Other Operating Expenses of 35.5 M, as well as many indicators such as Price To Sales Ratio of 8.35, Dividend Yield of 0.0 or Days Sales Outstanding of 8.24. Clearside financial statements analysis is a perfect complement when working with Clearside Biomedical Valuation or Volatility modules.
  
Check out the analysis of Clearside Biomedical Correlation against competitors.
For information on how to trade Clearside Stock refer to our How to Trade Clearside Stock guide.

Latest Clearside Biomedical's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Clearside Biomedical over the last few years. It is Clearside Biomedical's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Clearside Biomedical's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Pretty Stable
   Fixed Asset Turnover   
       Timeline  

Clearside Fixed Asset Turnover Regression Statistics

Arithmetic Mean6.86
Geometric Mean2.81
Coefficient Of Variation172.67
Mean Deviation5.78
Median5.53
Standard Deviation11.85
Sample Variance140.33
Range48.6853
R-Value0.13
Mean Square Error148.42
R-Squared0.02
Significance0.63
Slope0.35
Total Sum of Squares1,965

Clearside Fixed Asset Turnover History

2024 2.02
2023 2.13
2022 0.71
2021 48.72
2020 8.36
2019 1.82
2018 0.038

About Clearside Biomedical Financial Statements

Clearside Biomedical stakeholders use historical fundamental indicators, such as Clearside Biomedical's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Clearside Biomedical investors may analyze each financial statement separately, they are all interrelated. For example, changes in Clearside Biomedical's assets and liabilities are reflected in the revenues and expenses on Clearside Biomedical'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 Clearside Biomedical. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 2.13  2.02 

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When determining whether Clearside Biomedical is a strong investment it is important to analyze Clearside Biomedical's 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 Clearside Biomedical's future performance. For an informed investment choice regarding Clearside Stock, refer to the following important reports:
Check out the analysis of Clearside Biomedical Correlation against competitors.
For information on how to trade Clearside Stock refer to our How to Trade Clearside Stock guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
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 Clearside Biomedical. If investors know Clearside 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 Clearside Biomedical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.45)
Revenue Per Share
0.112
Quarterly Revenue Growth
(0.91)
Return On Assets
(0.44)
Return On Equity
(13.10)
The market value of Clearside Biomedical is measured differently than its book value, which is the value of Clearside that is recorded on the company's balance sheet. Investors also form their own opinion of Clearside Biomedical's value that differs from its market value or its book value, called intrinsic value, which is Clearside Biomedical'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 Clearside Biomedical's market value can be influenced by many factors that don't directly affect Clearside Biomedical'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 Clearside Biomedical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clearside Biomedical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clearside Biomedical'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.