NewGenIvf Asset Turnover from 2010 to 2024

NIVFW Stock   0.04  0.01  18.16%   
NewGenIvf Group Asset Turnover yearly trend continues to be fairly stable with very little volatility. Asset Turnover will likely drop to 2.15 in 2024. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently NewGenIvf Group Limited uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
3.11761924
Current Value
2.15
Quarterly Volatility
0.29813398
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NewGenIvf Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NewGenIvf Group's main balance sheet or income statement drivers, such as , as well as many indicators such as Price To Sales Ratio of 0.0, Ptb Ratio of 0.0 or Days Sales Outstanding of 75.14. NewGenIvf financial statements analysis is a perfect complement when working with NewGenIvf Group Valuation or Volatility modules.
  
Check out the analysis of NewGenIvf Group Correlation against competitors.

Latest NewGenIvf Group's Asset Turnover Growth Pattern

Below is the plot of the Asset Turnover of NewGenIvf Group Limited 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. NewGenIvf Group's Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NewGenIvf Group'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  

NewGenIvf Asset Turnover Regression Statistics

Arithmetic Mean2.82
Geometric Mean2.80
Coefficient Of Variation10.57
Mean Deviation0.19
Median2.91
Standard Deviation0.30
Sample Variance0.09
Range1.0714
R-Value(0.45)
Mean Square Error0.08
R-Squared0.21
Significance0.09
Slope(0.03)
Total Sum of Squares1.24

NewGenIvf Asset Turnover History

2024 2.15
2023 3.12
2022 2.05

Other Fundumenentals of NewGenIvf Group

About NewGenIvf Group Financial Statements

NewGenIvf Group investors use historical fundamental indicators, such as NewGenIvf Group'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 NewGenIvf Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 11.52  8.06 
Asset Turnover 3.12  2.15 

Also Currently Popular

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.

Additional Tools for NewGenIvf Stock Analysis

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