Alpha Fixed Asset Turnover from 2010 to 2024

APT Stock  USD 5.22  0.45  9.43%   
Alpha Pro Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover is likely to outpace its year average in 2024. From the period from 2010 to 2024, Alpha Pro Fixed Asset Turnover quarterly data regression had r-value of (0.46) and coefficient of variation of  30.36. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
5.88939117
Current Value
8.34
Quarterly Volatility
3.49303837
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Alpha Pro financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alpha Pro's main balance sheet or income statement drivers, such as Depreciation And Amortization of 639.9 K, Interest Expense of 899.6 K or Selling General Administrative of 12.8 M, as well as many indicators such as Price To Sales Ratio of 1.28, Dividend Yield of 0.0 or PTB Ratio of 0.97. Alpha financial statements analysis is a perfect complement when working with Alpha Pro Valuation or Volatility modules.
  
Check out the analysis of Alpha Pro Correlation against competitors.

Latest Alpha Pro's Fixed Asset Turnover Growth Pattern

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

Alpha Fixed Asset Turnover Regression Statistics

Arithmetic Mean11.51
Geometric Mean10.98
Coefficient Of Variation30.36
Mean Deviation3.05
Median12.01
Standard Deviation3.49
Sample Variance12.20
Range11.5619
R-Value(0.46)
Mean Square Error10.31
R-Squared0.22
Significance0.08
Slope(0.36)
Total Sum of Squares170.82

Alpha Fixed Asset Turnover History

2024 8.34
2023 5.89
2022 8.3
2021 7.88
2020 13.02
2019 7.5

About Alpha Pro Financial Statements

Alpha Pro shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Alpha Pro investors may analyze each financial statement separately, they are all interrelated. The changes in Alpha Pro's assets and liabilities, for example, are also reflected in the revenues and expenses on on Alpha Pro'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 5.89  8.34 

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Additional Tools for Alpha Stock Analysis

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