Enlight Fixed Asset Turnover from 2010 to 2024

ENLT Stock   16.84  0.74  4.60%   
Enlight Renewable Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to 0.08 in 2024. From the period from 2010 to 2024, Enlight Renewable Fixed Asset Turnover quarterly data regression had r-value of (0.44) and coefficient of variation of  143.21. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.08332538
Current Value
0.0792
Quarterly Volatility
0.58088105
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Enlight Renewable financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Enlight Renewable's main balance sheet or income statement drivers, such as Depreciation And Amortization of 69.1 M, Selling General Administrative of 16 M or Selling And Marketing Expenses of 112.9 K, as well as many indicators such as Price To Sales Ratio of 36.78, Dividend Yield of 0.0044 or PTB Ratio of 8.05. Enlight financial statements analysis is a perfect complement when working with Enlight Renewable Valuation or Volatility modules.
  
Check out the analysis of Enlight Renewable Correlation against competitors.

Latest Enlight Renewable's Fixed Asset Turnover Growth Pattern

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

Enlight Fixed Asset Turnover Regression Statistics

Arithmetic Mean0.41
Geometric Mean0.19
Coefficient Of Variation143.21
Mean Deviation0.43
Median0.1
Standard Deviation0.58
Sample Variance0.34
Range2.0042
R-Value(0.44)
Mean Square Error0.29
R-Squared0.20
Significance0.1
Slope(0.06)
Total Sum of Squares4.72

Enlight Fixed Asset Turnover History

2024 0.0792
2023 0.0833
2022 0.0829
2021 0.0667
2020 0.0738
2019 0.0979
2018 0.0634

About Enlight Renewable Financial Statements

Enlight Renewable shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Enlight Renewable investors may analyze each financial statement separately, they are all interrelated. The changes in Enlight Renewable's assets and liabilities, for example, are also reflected in the revenues and expenses on on Enlight Renewable'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 0.08  0.08 

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Additional Tools for Enlight Stock Analysis

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