Ultragenyx Fixed Asset Turnover from 2010 to 2024

RARE Stock  USD 47.63  0.50  1.04%   
Ultragenyx's Fixed Asset Turnover is increasing over the years with slightly volatile fluctuation. Fixed Asset Turnover is expected to dwindle to 1.12. During the period from 2010 to 2024 Ultragenyx Fixed Asset Turnover annual values regression line had geometric mean of  0.11 and mean square error of  0.49. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
1.49449351
Current Value
1.12
Quarterly Volatility
0.96516096
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ultragenyx financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ultragenyx's main balance sheet or income statement drivers, such as Depreciation And Amortization of 27.3 M, Interest Expense of 69.3 M or Selling General Administrative of 325.3 M, as well as many indicators such as Price To Sales Ratio of 7.69, Dividend Yield of 0.0028 or PTB Ratio of 16.58. Ultragenyx financial statements analysis is a perfect complement when working with Ultragenyx Valuation or Volatility modules.
  
Check out the analysis of Ultragenyx Correlation against competitors.
For information on how to trade Ultragenyx Stock refer to our How to Trade Ultragenyx Stock guide.

Latest Ultragenyx's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Ultragenyx over the last few years. It is Ultragenyx's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ultragenyx'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  

Ultragenyx Fixed Asset Turnover Regression Statistics

Arithmetic Mean0.83
Geometric Mean0.11
Coefficient Of Variation116.85
Mean Deviation0.86
Median0.12
Standard Deviation0.97
Sample Variance0.93
Range2.561
R-Value0.72
Mean Square Error0.49
R-Squared0.52
Significance0
Slope0.16
Total Sum of Squares13.04

Ultragenyx Fixed Asset Turnover History

2024 1.12
2023 1.49
2022 1.27
2021 1.99
2020 2.38
2019 1.39
2018 2.57

About Ultragenyx Financial Statements

Ultragenyx stakeholders use historical fundamental indicators, such as Ultragenyx's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Ultragenyx investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ultragenyx's assets and liabilities are reflected in the revenues and expenses on Ultragenyx'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 Ultragenyx. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 1.49  1.12 

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When determining whether Ultragenyx is a strong investment it is important to analyze Ultragenyx'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 Ultragenyx's future performance. For an informed investment choice regarding Ultragenyx Stock, refer to the following important reports:
Check out the analysis of Ultragenyx Correlation against competitors.
For information on how to trade Ultragenyx Stock refer to our How to Trade Ultragenyx Stock guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Biotechnology 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 Ultragenyx. If investors know Ultragenyx 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 Ultragenyx listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(6.35)
Revenue Per Share
6.015
Quarterly Revenue Growth
0.423
Return On Assets
(0.24)
Return On Equity
(2.90)
The market value of Ultragenyx is measured differently than its book value, which is the value of Ultragenyx that is recorded on the company's balance sheet. Investors also form their own opinion of Ultragenyx's value that differs from its market value or its book value, called intrinsic value, which is Ultragenyx'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 Ultragenyx's market value can be influenced by many factors that don't directly affect Ultragenyx'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 Ultragenyx's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ultragenyx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ultragenyx'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.