Apple Fixed Asset Turnover from 2010 to 2024

APLE Stock  USD 16.11  0.01  0.06%   
Apple Hospitality's Fixed Asset Turnover is increasing over the years with slightly volatile fluctuation. Overall, Fixed Asset Turnover is expected to go to 44.42 this year. During the period from 2010 to 2024 Apple Hospitality Fixed Asset Turnover annual values regression line had geometric mean of  1.62 and mean square error of  128.86. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
42.3
Current Value
44.42
Quarterly Volatility
20.53831131
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Apple Hospitality financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Apple Hospitality's main balance sheet or income statement drivers, such as Depreciation And Amortization of 267.4 M, Interest Expense of 37.5 M or Selling General Administrative of 49.8 M, as well as many indicators such as Price To Sales Ratio of 2.69, Dividend Yield of 0.0765 or PTB Ratio of 1.91. Apple financial statements analysis is a perfect complement when working with Apple Hospitality Valuation or Volatility modules.
  
Check out the analysis of Apple Hospitality Correlation against competitors.

Latest Apple Hospitality's Fixed Asset Turnover Growth Pattern

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

Apple Fixed Asset Turnover Regression Statistics

Arithmetic Mean15.80
Geometric Mean1.62
Coefficient Of Variation129.95
Mean Deviation18.70
Median0.26
Standard Deviation20.54
Sample Variance421.82
Range46.9691
R-Value0.85
Mean Square Error128.86
R-Squared0.72
Significance0.000069
Slope3.89
Total Sum of Squares5,906

Apple Fixed Asset Turnover History

2024 44.42
2023 42.3
2022 47.0
2021 34.51
2020 22.09
2019 44.74

About Apple Hospitality Financial Statements

Apple Hospitality stakeholders use historical fundamental indicators, such as Apple Hospitality's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Apple Hospitality investors may analyze each financial statement separately, they are all interrelated. For example, changes in Apple Hospitality's assets and liabilities are reflected in the revenues and expenses on Apple Hospitality'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 Apple Hospitality REIT. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 42.30  44.42 

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When determining whether Apple Hospitality REIT is a strong investment it is important to analyze Apple Hospitality'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 Apple Hospitality's future performance. For an informed investment choice regarding Apple Stock, refer to the following important reports:
Check out the analysis of Apple Hospitality 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 Hotel & Resort REITs 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 Apple Hospitality. If investors know Apple 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 Apple Hospitality 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
(0.09)
Dividend Share
0.96
Earnings Share
0.85
Revenue Per Share
5.909
Quarterly Revenue Growth
0.057
The market value of Apple Hospitality REIT is measured differently than its book value, which is the value of Apple that is recorded on the company's balance sheet. Investors also form their own opinion of Apple Hospitality's value that differs from its market value or its book value, called intrinsic value, which is Apple Hospitality'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 Apple Hospitality's market value can be influenced by many factors that don't directly affect Apple Hospitality'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 Apple Hospitality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Apple Hospitality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apple Hospitality'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.