Clean Fixed Asset Turnover from 2010 to 2024

CLH Stock  USD 247.47  3.19  1.31%   
Clean Harbors' Fixed Asset Turnover is decreasing with stable movements from year to year. Fixed Asset Turnover is estimated to finish at 2.98 this year. For the period between 2010 and 2024, Clean Harbors, Fixed Asset Turnover quarterly trend regression had mean deviation of  0.44 and range of 3.2395. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
2.27239203
Current Value
2.98
Quarterly Volatility
0.75275633
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Clean Harbors financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Clean Harbors' main balance sheet or income statement drivers, such as Depreciation And Amortization of 384 M, Interest Expense of 126.6 M or Selling General Administrative of 704.7 M, as well as many indicators such as Price To Sales Ratio of 1.83, Dividend Yield of 2.0E-4 or PTB Ratio of 4.44. Clean financial statements analysis is a perfect complement when working with Clean Harbors Valuation or Volatility modules.
  
Check out the analysis of Clean Harbors Correlation against competitors.
For more detail on how to invest in Clean Stock please use our How to Invest in Clean Harbors guide.

Latest Clean Harbors' Fixed Asset Turnover Growth Pattern

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

Clean Fixed Asset Turnover Regression Statistics

Arithmetic Mean2.26
Geometric Mean2.17
Coefficient Of Variation33.37
Mean Deviation0.44
Median2.14
Standard Deviation0.75
Sample Variance0.57
Range3.2395
R-Value(0.18)
Mean Square Error0.59
R-Squared0.03
Significance0.52
Slope(0.03)
Total Sum of Squares7.93

Clean Fixed Asset Turnover History

2024 2.98
2023 2.27
2022 2.41
2020 1.88
2019 1.95
2018 2.11
2017 1.86

About Clean Harbors Financial Statements

Investors use fundamental indicators, such as Clean Harbors' Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Clean Harbors' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Fixed Asset Turnover 2.27  2.98 

Currently Active Assets on Macroaxis

When determining whether Clean Harbors offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Clean Harbors' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Clean Harbors Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Clean Harbors Stock:
Check out the analysis of Clean Harbors Correlation against competitors.
For more detail on how to invest in Clean Stock please use our How to Invest in Clean Harbors guide.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Environmental & Facilities 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 Clean Harbors. If investors know Clean 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 Clean Harbors 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
0.262
Earnings Share
7.67
Revenue Per Share
107.451
Quarterly Revenue Growth
0.12
Return On Assets
0.0628
The market value of Clean Harbors is measured differently than its book value, which is the value of Clean that is recorded on the company's balance sheet. Investors also form their own opinion of Clean Harbors' value that differs from its market value or its book value, called intrinsic value, which is Clean Harbors' 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 Clean Harbors' market value can be influenced by many factors that don't directly affect Clean Harbors' 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 Clean Harbors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Clean Harbors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clean Harbors' 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.