Intelligent Asset Turnover from 2010 to 2024

INBS Stock

USD 1.63 0.02 1.24%

Intelligent Bio Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Asset Turnover is likely to outpace its year average in 2024. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently Intelligent Bio Solutions uses its assets to generate sales. View All Fundamentals

Asset Turnover

First Reported

2010-12-31

Previous Quarter

0.22583728

Current Value

0.24

Quarterly Volatility

0.05457242

Credit Downgrade

Yuan Drop

Covid

Check Intelligent Bio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Intelligent Bio's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 M, Interest Expense of 158.8 K or Selling General Administrative of 4.9 M, as well as many indicators such as Price To Sales Ratio of 0.89, Dividend Yield of 0.0 or PTB Ratio of 0.37. Intelligent financial statements analysis is a perfect complement when working with Intelligent Bio Valuation or Volatility modules.

Check out the analysis of Intelligent Bio Correlation against competitors.

Latest Intelligent Bio's Asset Turnover Growth Pattern

Below is the plot of the Asset Turnover of Intelligent Bio Solutions 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. Intelligent Bio's Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Intelligent Bio's overall financial position and show how it may be relating to other accounts over time.

Asset Turnover

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Asset Turnover

Timeline

Intelligent Asset Turnover Regression Statistics

	Arithmetic Mean	0.10
	Geometric Mean	0.1
	Coefficient Of Variation	52.20
	Mean Deviation	0.04
	Median	0.08
	Standard Deviation	0.05
	Sample Variance	0
	Range	0.1638
	R-Value	0.74
	Mean Square Error	0
	R-Squared	0.54
	Significance	0
	Slope	0.01
	Total Sum of Squares	0.04

Intelligent Asset Turnover History

	2024	0.24
	2023	0.23
	2021	0.12
	2020	0.0971

Intelligent Bio Asset Turnover component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Net Receivables	Net Tangible Assets	Net Invested Capital	Short Long Term Debt	Capital Stock	Net Working Capital	Current Deferred Revenue	Deferred Long Term Liab	Property Plant Equipment	Long Term Debt	Short Term Investments	Intangible Assets
Total Assets		0.97	-0.95	-0.78	0.8	-0.26	0.96	-0.86	-0.13	0.93	0.95	0.95	-0.92	-0.91	0.93	0.55	-0.32	0.5	-0.32	-0.32	-0.35
Total Stockholder Equity	0.97		-0.96	-0.85	0.77	-0.41	0.93	-0.89	-0.18	0.9	0.92	0.99	-0.96	-0.95	0.91	0.67	-0.52	0.55	-0.52	-0.52	-0.54
Net Debt	-0.95	-0.96		0.7	-0.69	0.34	-0.96	0.9	0.26	-0.97	-0.91	-0.95	0.9	0.89	-0.97	-0.64	0.39	-0.35	0.39	0.39	0.41
Retained Earnings	-0.78	-0.85	0.7		-0.65	0.48	-0.66	0.74	-0.01	-0.59	-0.76	-0.86	0.91	0.89	-0.57	-0.78	0.68	-0.82	0.68	0.68	0.71
Accounts Payable	0.8	0.77	-0.69	-0.65		0.01	0.73	-0.67	0.13	0.74	0.78	0.76	-0.76	-0.74	0.7	0.33	-0.17	0.4	-0.17	-0.17	-0.16
Total Liab	-0.26	-0.41	0.34	0.48	0.01		-0.25	0.35	0.47	-0.21	-0.1	-0.43	0.42	0.48	-0.24	-0.65	0.67	-0.4	0.67	0.67	0.68
Total Current Assets	0.96	0.93	-0.96	-0.66	0.73	-0.25		-0.77	-0.08	0.97	0.93	0.89	-0.83	-0.82	0.98	0.53	-0.27	0.27	-0.27	-0.27	-0.29
Short Term Debt	-0.86	-0.89	0.9	0.74	-0.67	0.35	-0.77		0.49	-0.82	-0.81	-0.94	0.93	0.94	-0.81	-0.67	0.43	-0.57	0.43	0.43	0.44
Common Stock	-0.13	-0.18	0.26	-0.01	0.13	0.47	-0.08	0.49		-0.17	0.04	-0.27	0.23	0.31	-0.21	-0.18	0.14	-0.18	0.14	0.14	0.14
Net Receivables	0.93	0.9	-0.97	-0.59	0.74	-0.21	0.97	-0.82	-0.17		0.92	0.88	-0.83	-0.82	0.97	0.56	-0.2	0.18	-0.2	-0.2	-0.2
Net Tangible Assets	0.95	0.92	-0.91	-0.76	0.78	-0.1	0.93	-0.81	0.04	0.92		0.9	-0.89	-0.85	0.88	0.6	-0.3	0.39	-0.3	-0.3	-0.3
Net Invested Capital	0.95	0.99	-0.95	-0.86	0.76	-0.43	0.89	-0.94	-0.27	0.88	0.9		-0.98	-0.98	0.88	0.7	-0.52	0.6	-0.52	-0.52	-0.54
Short Long Term Debt	-0.92	-0.96	0.9	0.91	-0.76	0.42	-0.83	0.93	0.23	-0.83	-0.89	-0.98		1.0	-0.8	-0.77	0.51	-0.67	0.51	0.51	0.52
Capital Stock	-0.91	-0.95	0.89	0.89	-0.74	0.48	-0.82	0.94	0.31	-0.82	-0.85	-0.98	1.0		-0.8	-0.77	0.52	-0.68	0.52	0.52	0.54
Net Working Capital	0.93	0.91	-0.97	-0.57	0.7	-0.24	0.98	-0.81	-0.21	0.97	0.88	0.88	-0.8	-0.8		0.47	-0.26	0.2	-0.26	-0.26	-0.27
Current Deferred Revenue	0.55	0.67	-0.64	-0.78	0.33	-0.65	0.53	-0.67	-0.18	0.56	0.6	0.7	-0.77	-0.77	0.47		-0.61	0.5	-0.61	-0.61	-0.61
Deferred Long Term Liab	-0.32	-0.52	0.39	0.68	-0.17	0.67	-0.27	0.43	0.14	-0.2	-0.3	-0.52	0.51	0.52	-0.26	-0.61		-0.58	1.0	1.0	0.99
Property Plant Equipment	0.5	0.55	-0.35	-0.82	0.4	-0.4	0.27	-0.57	-0.18	0.18	0.39	0.6	-0.67	-0.68	0.2	0.5	-0.58		-0.58	-0.58	-0.63
Long Term Debt	-0.32	-0.52	0.39	0.68	-0.17	0.67	-0.27	0.43	0.14	-0.2	-0.3	-0.52	0.51	0.52	-0.26	-0.61	1.0	-0.58		1.0	0.99
Short Term Investments	-0.32	-0.52	0.39	0.68	-0.17	0.67	-0.27	0.43	0.14	-0.2	-0.3	-0.52	0.51	0.52	-0.26	-0.61	1.0	-0.58	1.0		0.99
Intangible Assets	-0.35	-0.54	0.41	0.71	-0.16	0.68	-0.29	0.44	0.14	-0.2	-0.3	-0.54	0.52	0.54	-0.27	-0.61	0.99	-0.63	0.99	0.99

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About Intelligent Bio Financial Statements

Intelligent Bio shareholders use historical fundamental indicators, such as Asset Turnover, to determine how well the company is positioned to perform in the future. Although Intelligent Bio investors may analyze each financial statement separately, they are all interrelated. The changes in Intelligent Bio's assets and liabilities, for example, are also reflected in the revenues and expenses on on Intelligent Bio's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Fixed Asset Turnover	3.57	1.83
Asset Turnover	0.23	0.24

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Intelligent Asset Turnover from 2010 to 2024

Latest Intelligent Bio's Asset Turnover Growth Pattern

Intelligent Asset Turnover Regression Statistics

Intelligent Asset Turnover History

Other Fundumenentals of Intelligent Bio Solutions

Intelligent Bio Asset Turnover component correlations

About Intelligent Bio Financial Statements

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Additional Tools for Intelligent Stock Analysis

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