Rapid Fixed Asset Turnover from 2010 to 2024

RPID Stock  USD 1.04  0.04  3.70%   
Rapid Micro's Fixed Asset Turnover is decreasing over the years with slightly volatile fluctuation. Overall, Fixed Asset Turnover is expected to go to 1.87 this year. During the period from 2010 to 2024 Rapid Micro Fixed Asset Turnover annual values regression line had geometric mean of  1.94 and mean square error of  0.13. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
1.18073616
Current Value
1.87
Quarterly Volatility
0.41973309
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Rapid Micro financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rapid Micro's main balance sheet or income statement drivers, such as Interest Expense of 1.9 M, Selling General Administrative of 14.6 M or Total Revenue of 19.3 M, as well as many indicators such as Price To Sales Ratio of 1.34, Dividend Yield of 0.0 or PTB Ratio of 0.28. Rapid financial statements analysis is a perfect complement when working with Rapid Micro Valuation or Volatility modules.
  
Check out the analysis of Rapid Micro Correlation against competitors.

Latest Rapid Micro's Fixed Asset Turnover Growth Pattern

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

Rapid Fixed Asset Turnover Regression Statistics

Arithmetic Mean2.00
Geometric Mean1.94
Coefficient Of Variation21.02
Mean Deviation0.28
Median2.17
Standard Deviation0.42
Sample Variance0.18
Range1.4593
R-Value(0.57)
Mean Square Error0.13
R-Squared0.33
Significance0.03
Slope(0.05)
Total Sum of Squares2.47

Rapid Fixed Asset Turnover History

2024 1.87
2023 1.18
2022 0.82
2021 2.06
2020 2.28

About Rapid Micro Financial Statements

Rapid Micro stakeholders use historical fundamental indicators, such as Rapid Micro's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Rapid Micro investors may analyze each financial statement separately, they are all interrelated. For example, changes in Rapid Micro's assets and liabilities are reflected in the revenues and expenses on Rapid Micro'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 Rapid Micro Biosystems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 1.18  1.87 

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When determining whether Rapid Micro Biosystems is a strong investment it is important to analyze Rapid Micro'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 Rapid Micro's future performance. For an informed investment choice regarding Rapid Stock, refer to the following important reports:
Check out the analysis of Rapid Micro Correlation against competitors.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Wireless Telecommunication Services 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 Rapid Micro. If investors know Rapid 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 Rapid Micro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.12)
Revenue Per Share
0.603
Quarterly Revenue Growth
0.237
Return On Assets
(0.25)
Return On Equity
(0.46)
The market value of Rapid Micro Biosystems is measured differently than its book value, which is the value of Rapid that is recorded on the company's balance sheet. Investors also form their own opinion of Rapid Micro's value that differs from its market value or its book value, called intrinsic value, which is Rapid Micro'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 Rapid Micro's market value can be influenced by many factors that don't directly affect Rapid Micro'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 Rapid Micro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rapid Micro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rapid Micro'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.