IRIDEX Fixed Asset Turnover from 2010 to 2024

IRIX Stock  USD 1.77  0.12  6.35%   
IRIDEX Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover is likely to outpace its year average in 2024. During the period from 2010 to 2024, IRIDEX Fixed Asset Turnover regression line of annual values had r-squared of  0.05 and arithmetic mean of  25.90. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
24.11
Current Value
30.85
Quarterly Volatility
21.68248046
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check IRIDEX financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IRIDEX's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.1 M, Interest Expense of 1.7 M or Total Revenue of 40.7 M, as well as many indicators such as Price To Sales Ratio of 0.61, Dividend Yield of 0.0 or PTB Ratio of 1.79. IRIDEX financial statements analysis is a perfect complement when working with IRIDEX Valuation or Volatility modules.
  
Check out the analysis of IRIDEX Correlation against competitors.
For more information on how to buy IRIDEX Stock please use our How to Invest in IRIDEX guide.

Latest IRIDEX's Fixed Asset Turnover Growth Pattern

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

IRIDEX Fixed Asset Turnover Regression Statistics

Arithmetic Mean25.90
Geometric Mean22.16
Coefficient Of Variation83.73
Mean Deviation11.49
Median18.01
Standard Deviation21.68
Sample Variance470.13
Range89.5454
R-Value(0.23)
Mean Square Error480.38
R-Squared0.05
Significance0.42
Slope(1.10)
Total Sum of Squares6,582

IRIDEX Fixed Asset Turnover History

2024 30.85
2023 24.11
2022 26.79
2016 30.09
2012 18.01
2011 102.03
2010 12.48

About IRIDEX Financial Statements

IRIDEX investors use historical fundamental indicators, such as IRIDEX's Fixed 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 IRIDEX. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 24.11  30.85 

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Additional Tools for IRIDEX Stock Analysis

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