MKDWELL Asset Turnover from 2010 to 2024

MKDW Stock   0.96  0  0.42%   
MKDWELL Tech Asset Turnover yearly trend continues to be fairly stable with very little volatility. Asset Turnover will likely drop to 0.30 in 2024. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently MKDWELL Tech Ordinary uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.40025301
Current Value
0.3
Quarterly Volatility
0.02435117
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MKDWELL Tech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MKDWELL Tech's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Depreciation And Amortization of 451.1 K or Interest Expense of 250.3 K, as well as many indicators such as Price To Sales Ratio of 57.86, Dividend Yield of 0.0 or PTB Ratio of 319. MKDWELL financial statements analysis is a perfect complement when working with MKDWELL Tech Valuation or Volatility modules.
  
Check out the analysis of MKDWELL Tech Correlation against competitors.

Latest MKDWELL Tech's Asset Turnover Growth Pattern

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

MKDWELL Asset Turnover Regression Statistics

Arithmetic Mean0.34
Geometric Mean0.34
Coefficient Of Variation7.21
Mean Deviation0.02
Median0.33
Standard Deviation0.02
Sample Variance0.0006
Range0.1003
R-Value0.31
Mean Square Error0.0006
R-Squared0.1
Significance0.26
Slope0
Total Sum of Squares0.01

MKDWELL Asset Turnover History

2024 0.3
2023 0.4
2022 0.39

Other Fundumenentals of MKDWELL Tech Ordinary

MKDWELL Tech Asset Turnover component correlations

-0.84-0.66-0.470.860.960.95-0.640.970.62-0.620.40.62-0.81-0.650.98-0.7
-0.840.840.51-0.84-0.88-0.950.79-0.91-0.580.82-0.48-0.580.830.85-0.740.89
-0.660.840.88-0.93-0.57-0.840.99-0.64-0.881.00.06-0.880.961.0-0.620.99
-0.470.510.88-0.85-0.26-0.610.92-0.35-0.980.880.5-0.980.880.87-0.520.82
0.86-0.84-0.93-0.850.740.93-0.930.790.92-0.910.00.92-0.99-0.920.86-0.93
0.96-0.88-0.57-0.260.740.92-0.521.00.41-0.540.640.42-0.68-0.570.89-0.64
0.95-0.95-0.84-0.610.930.92-0.810.950.71-0.810.360.72-0.91-0.840.9-0.87
-0.640.790.990.92-0.93-0.52-0.81-0.59-0.920.990.15-0.920.960.99-0.620.98
0.97-0.91-0.64-0.350.791.00.95-0.590.49-0.60.580.49-0.74-0.640.91-0.7
0.62-0.58-0.88-0.980.920.410.71-0.920.49-0.88-0.41.0-0.93-0.870.68-0.84
-0.620.821.00.88-0.91-0.54-0.810.99-0.6-0.880.08-0.880.951.0-0.580.99
0.4-0.480.060.50.00.640.360.150.58-0.40.08-0.40.050.040.25-0.05
0.62-0.58-0.88-0.980.920.420.72-0.920.491.0-0.88-0.4-0.93-0.870.68-0.84
-0.810.830.960.88-0.99-0.68-0.910.96-0.74-0.930.950.05-0.930.95-0.80.95
-0.650.851.00.87-0.92-0.57-0.840.99-0.64-0.871.00.04-0.870.95-0.611.0
0.98-0.74-0.62-0.520.860.890.9-0.620.910.68-0.580.250.68-0.8-0.61-0.64
-0.70.890.990.82-0.93-0.64-0.870.98-0.7-0.840.99-0.05-0.840.951.0-0.64
Click cells to compare fundamentals

About MKDWELL Tech Financial Statements

MKDWELL Tech investors use historical fundamental indicators, such as MKDWELL Tech'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 MKDWELL Tech. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 0.95  0.73 
Asset Turnover 0.40  0.30 

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Additional Tools for MKDWELL Stock Analysis

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