Myndai, Fixed Asset Turnover from 2010 to 2024

MYND Stock  USD 2.36  0.56  19.18%   
Myndai,'s Fixed Asset Turnover is increasing over the years with slightly volatile fluctuation. Fixed Asset Turnover is expected to dwindle to 14.39. During the period from 2010 to 2024 Myndai, Fixed Asset Turnover annual values regression line had geometric mean of  5.17 and mean square error of  490.52. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
21.3518509
Current Value
14.39
Quarterly Volatility
23.86736216
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Myndai, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Myndai,'s main balance sheet or income statement drivers, such as Interest Expense of 4.9 M, Selling General Administrative of 32.9 M or Total Revenue of 434.2 M, as well as many indicators such as Price To Sales Ratio of 0.51, Dividend Yield of 0.0 or PTB Ratio of 1.72. Myndai, financial statements analysis is a perfect complement when working with Myndai, Valuation or Volatility modules.
  
Check out the analysis of Myndai, Correlation against competitors.
For information on how to trade Myndai, Stock refer to our How to Trade Myndai, Stock guide.

Latest Myndai,'s Fixed Asset Turnover Growth Pattern

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

Myndai, Fixed Asset Turnover Regression Statistics

Arithmetic Mean12.03
Geometric Mean5.17
Coefficient Of Variation198.41
Mean Deviation12.99
Median3.69
Standard Deviation23.87
Sample Variance569.65
Range94.9238
R-Value0.45
Mean Square Error490.52
R-Squared0.20
Significance0.09
Slope2.39
Total Sum of Squares7,975

Myndai, Fixed Asset Turnover History

2024 14.39
2023 21.35
2022 95.72
2021 14.07
2020 0.8
2019 1.36
2018 3.41

About Myndai, Financial Statements

Myndai, stakeholders use historical fundamental indicators, such as Myndai,'s Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Myndai, investors may analyze each financial statement separately, they are all interrelated. For example, changes in Myndai,'s assets and liabilities are reflected in the revenues and expenses on Myndai,'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 Myndai,. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 21.35  14.39 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Myndai, is a strong investment it is important to analyze Myndai,'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 Myndai,'s future performance. For an informed investment choice regarding Myndai, Stock, refer to the following important reports:
Check out the analysis of Myndai, Correlation against competitors.
For information on how to trade Myndai, Stock refer to our How to Trade Myndai, Stock guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Health Care Technology 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 Myndai,. If investors know Myndai, 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 Myndai, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.52)
Revenue Per Share
8.06
Quarterly Revenue Growth
(0.25)
Return On Assets
(0.07)
Return On Equity
(1.36)
The market value of Myndai, is measured differently than its book value, which is the value of Myndai, that is recorded on the company's balance sheet. Investors also form their own opinion of Myndai,'s value that differs from its market value or its book value, called intrinsic value, which is Myndai,'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 Myndai,'s market value can be influenced by many factors that don't directly affect Myndai,'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 Myndai,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Myndai, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Myndai,'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.