Quidel Fixed Asset Turnover from 2010 to 2024

QDEL Stock  USD 40.40  1.32  3.38%   
Quidel Fixed Asset Turnover yearly trend continues to be quite stable with very little volatility. The value of Fixed Asset Turnover is projected to decrease to 1.76. From the period between 2010 and 2024, Quidel, Fixed Asset Turnover regression line of its data series had standard deviation of  1.80 and standard deviation of  1.80. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
1.85539854
Current Value
1.76
Quarterly Volatility
1.80149938
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Quidel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Quidel main balance sheet or income statement drivers, such as Depreciation And Amortization of 480.1 M, Interest Expense of 123.4 M or Total Revenue of 3.1 B, as well as many exotic indicators such as Price To Sales Ratio of 2.53, Dividend Yield of 0.088 or PTB Ratio of 1.06. Quidel financial statements analysis is a perfect complement when working with Quidel Valuation or Volatility modules.
  
This module can also supplement Quidel's financial leverage analysis and stock options assessment as well as various Quidel Technical models . Check out the analysis of Quidel Correlation against competitors.
For more information on how to buy Quidel Stock please use our How to buy in Quidel Stock guide.

Latest Quidel's Fixed Asset Turnover Growth Pattern

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

Quidel Fixed Asset Turnover Regression Statistics

Arithmetic Mean3.94
Geometric Mean3.58
Coefficient Of Variation45.72
Mean Deviation1.33
Median3.71
Standard Deviation1.80
Sample Variance3.25
Range6.1143
R-Value(0.21)
Mean Square Error3.35
R-Squared0.04
Significance0.46
Slope(0.08)
Total Sum of Squares45.44

Quidel Fixed Asset Turnover History

2024 1.76
2023 1.86
2021 3.56
2020 7.87
2019 3.11
2018 7.07
2017 4.51

About Quidel Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Quidel income statement, its balance sheet, and the statement of cash flows. Quidel investors use historical funamental indicators, such as Quidel's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Quidel investors may use each financial statement separately, they are all related. The changes in Quidel's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Quidel's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Quidel Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Quidel. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 1.86  1.76 

Quidel Investors Sentiment

The influence of Quidel's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Quidel. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Quidel's public news can be used to forecast risks associated with an investment in Quidel. The trend in average sentiment can be used to explain how an investor holding Quidel can time the market purely based on public headlines and social activities around Quidel. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Quidel's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Quidel's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Quidel's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Quidel.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Quidel in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Quidel's short interest history, or implied volatility extrapolated from Quidel options trading.

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When determining whether Quidel is a strong investment it is important to analyze Quidel'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 Quidel's future performance. For an informed investment choice regarding Quidel Stock, refer to the following important reports:
Check out the analysis of Quidel Correlation against competitors.
For more information on how to buy Quidel Stock please use our How to buy in Quidel Stock guide.
Note that the Quidel information on this page should be used as a complementary analysis to other Quidel's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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When running Quidel's price analysis, check to measure Quidel'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 Quidel is operating at the current time. Most of Quidel's value examination focuses on studying past and present price action to predict the probability of Quidel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quidel's price. Additionally, you may evaluate how the addition of Quidel to your portfolios can decrease your overall portfolio volatility.
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Is Quidel's industry 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 Quidel. If investors know Quidel 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 Quidel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.77)
Earnings Share
(0.15)
Revenue Per Share
44.877
Quarterly Revenue Growth
(0.14)
Return On Assets
0.0201
The market value of Quidel is measured differently than its book value, which is the value of Quidel that is recorded on the company's balance sheet. Investors also form their own opinion of Quidel's value that differs from its market value or its book value, called intrinsic value, which is Quidel'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 Quidel's market value can be influenced by many factors that don't directly affect Quidel'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 Quidel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quidel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quidel'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.