Socket Fixed Asset Turnover from 2010 to 2024

SCKT Stock  USD 1.47  0.01  0.68%   
Socket Mobile Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to 2.64 in 2024. From the period from 2010 to 2024, Socket Mobile Fixed Asset Turnover quarterly data regression had r-value of (0.67) and coefficient of variation of  79.88. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
2.78268119
Current Value
2.64
Quarterly Volatility
21.59267214
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Socket Mobile financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Socket Mobile's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.5 M, Total Revenue of 17.8 M or Gross Profit of 8.6 M, as well as many indicators such as Price To Sales Ratio of 0.47, Dividend Yield of 7.0E-4 or PTB Ratio of 0.41. Socket financial statements analysis is a perfect complement when working with Socket Mobile Valuation or Volatility modules.
  
Check out the analysis of Socket Mobile Correlation against competitors.
For more information on how to buy Socket Stock please use our How to Invest in Socket Mobile guide.

Latest Socket Mobile's Fixed Asset Turnover Growth Pattern

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

Socket Fixed Asset Turnover Regression Statistics

Arithmetic Mean27.03
Geometric Mean17.23
Coefficient Of Variation79.88
Mean Deviation18.28
Median23.88
Standard Deviation21.59
Sample Variance466.24
Range66.9664
R-Value(0.67)
Mean Square Error275.10
R-Squared0.45
Significance0.01
Slope(3.25)
Total Sum of Squares6,527

Socket Fixed Asset Turnover History

2024 2.64
2023 2.78
2022 4.07
2021 18.12
2020 10.78
2019 10.69
2018 23.88

About Socket Mobile Financial Statements

Socket Mobile shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Socket Mobile investors may analyze each financial statement separately, they are all interrelated. The changes in Socket Mobile's assets and liabilities, for example, are also reflected in the revenues and expenses on on Socket Mobile's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 2.78  2.64 

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Additional Tools for Socket Stock Analysis

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