Innovative Asset Turnover from 2010 to 2024

LUCYW Stock  USD 0.03  0.01  20.93%   
Innovative Eyewear Asset Turnover yearly trend continues to be fairly stable with very little volatility. Asset Turnover will likely drop to 0.18 in 2024. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently Innovative Eyewear uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.1853229
Current Value
0.18
Quarterly Volatility
0.15806534
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Innovative Eyewear financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Innovative Eyewear's main balance sheet or income statement drivers, such as Depreciation And Amortization of 62.3 K, Interest Expense of 2.9 K or Selling General Administrative of 4.3 M, as well as many indicators such as Price To Sales Ratio of 3.66, Dividend Yield of 0.0 or PTB Ratio of 0.76. Innovative financial statements analysis is a perfect complement when working with Innovative Eyewear Valuation or Volatility modules.
  
Check out the analysis of Innovative Eyewear Correlation against competitors.
For more information on how to buy Innovative Stock please use our How to Invest in Innovative Eyewear guide.

Latest Innovative Eyewear's Asset Turnover Growth Pattern

Below is the plot of the Asset Turnover of Innovative Eyewear 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. Innovative Eyewear's Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Innovative Eyewear's overall financial position and show how it may be relating to other accounts over time.
Asset Turnover10 Years Trend
Very volatile
   Asset Turnover   
       Timeline  

Innovative Asset Turnover Regression Statistics

Arithmetic Mean0.29
Geometric Mean0.26
Coefficient Of Variation54.95
Mean Deviation0.07
Median0.27
Standard Deviation0.16
Sample Variance0.02
Range0.6972
R-Value0.05
Mean Square Error0.03
R-Squared0
Significance0.86
Slope0
Total Sum of Squares0.35

Innovative Asset Turnover History

2024 0.18
2023 0.19
2022 0.14
2021 0.84

Other Fundumenentals of Innovative Eyewear

Innovative Eyewear Asset Turnover component correlations

About Innovative Eyewear Financial Statements

Innovative Eyewear investors use historical fundamental indicators, such as Innovative Eyewear's Asset Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Innovative Eyewear. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 8.68  8.24 
Asset Turnover 0.19  0.18 

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Additional Tools for Innovative Stock Analysis

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