Inhibikase Asset Turnover from 2010 to 2024

IKT Stock  USD 2.76  0.16  5.48%   
Inhibikase Therapeutics Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Asset Turnover will likely drop to 0.02 in 2024. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently Inhibikase Therapeutics uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.01795729
Current Value
0.0171
Quarterly Volatility
7.26417881
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Inhibikase Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Inhibikase Therapeutics' main balance sheet or income statement drivers, such as Interest Expense of 89.9 K, Net Interest Income of 935.8 K or Selling General Administrative of 5.3 M, as well as many indicators such as Price To Sales Ratio of 24.7, Dividend Yield of 0.0 or PTB Ratio of 0.65. Inhibikase financial statements analysis is a perfect complement when working with Inhibikase Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Inhibikase Therapeutics Correlation against competitors.
For more information on how to buy Inhibikase Stock please use our How to Invest in Inhibikase Therapeutics guide.

Latest Inhibikase Therapeutics' Asset Turnover Growth Pattern

Below is the plot of the Asset Turnover of Inhibikase Therapeutics over the last few years. It is the ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales. Inhibikase Therapeutics' Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Inhibikase Therapeutics' overall financial position and show how it may be relating to other accounts over time.
Asset Turnover10 Years Trend
Pretty Stable
   Asset Turnover   
       Timeline  

Inhibikase Asset Turnover Regression Statistics

Arithmetic Mean5.31
Geometric Mean0.94
Coefficient Of Variation136.68
Mean Deviation4.04
Median5.94
Standard Deviation7.26
Sample Variance52.77
Range29.3447
R-Value(0.23)
Mean Square Error53.77
R-Squared0.05
Significance0.41
Slope(0.38)
Total Sum of Squares738.76

Inhibikase Asset Turnover History

2024 0.0171
2023 0.018
2022 0.00495
2021 0.073
2020 0.0472
2019 29.35
2018 1.42

Other Fundumenentals of Inhibikase Therapeutics

Inhibikase Therapeutics Asset Turnover component correlations

-0.950.46-0.210.80.430.820.820.81-0.64-0.09-0.770.82-0.060.470.830.590.71
-0.95-0.410.25-0.61-0.21-0.63-0.63-0.780.420.120.78-0.620.17-0.25-0.64-0.66-0.84
0.46-0.41-0.060.610.380.570.550.75-0.540.73-0.780.55-0.690.430.58-0.250.09
-0.210.25-0.06-0.13-0.05-0.14-0.12-0.350.09-0.260.39-0.120.35-0.04-0.150.0-0.2
0.8-0.610.61-0.130.790.990.990.81-0.930.27-0.730.99-0.030.811.00.110.24
0.43-0.210.38-0.050.790.780.780.48-0.660.25-0.390.780.281.00.77-0.31-0.28
0.82-0.630.57-0.140.990.781.00.77-0.930.2-0.71.00.00.81.00.170.25
0.82-0.630.55-0.120.990.781.00.76-0.930.17-0.681.00.030.81.00.180.25
0.81-0.780.75-0.350.810.480.770.76-0.670.48-0.950.75-0.390.520.780.130.52
-0.640.42-0.540.09-0.93-0.66-0.93-0.93-0.67-0.310.61-0.930.07-0.68-0.93-0.09-0.15
-0.090.120.73-0.260.270.250.20.170.48-0.31-0.490.17-0.690.270.2-0.71-0.31
-0.770.78-0.780.39-0.73-0.39-0.7-0.68-0.950.61-0.49-0.680.56-0.44-0.72-0.14-0.49
0.82-0.620.55-0.120.990.781.01.00.75-0.930.17-0.680.030.81.00.180.25
-0.060.17-0.690.35-0.030.280.00.03-0.390.07-0.690.560.030.24-0.010.18-0.14
0.47-0.250.43-0.040.811.00.80.80.52-0.680.27-0.440.80.240.8-0.3-0.25
0.83-0.640.58-0.151.00.771.01.00.78-0.930.2-0.721.0-0.010.80.170.27
0.59-0.66-0.250.00.11-0.310.170.180.13-0.09-0.71-0.140.180.18-0.30.170.86
0.71-0.840.09-0.20.24-0.280.250.250.52-0.15-0.31-0.490.25-0.14-0.250.270.86
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About Inhibikase Therapeutics Financial Statements

Inhibikase Therapeutics shareholders use historical fundamental indicators, such as Asset Turnover, to determine how well the company is positioned to perform in the future. Although Inhibikase Therapeutics investors may analyze each financial statement separately, they are all interrelated. The changes in Inhibikase Therapeutics' assets and liabilities, for example, are also reflected in the revenues and expenses on on Inhibikase Therapeutics' 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 0.88  0.93 
Asset Turnover 0.02  0.02 

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Additional Tools for Inhibikase Stock Analysis

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