Ensign Fixed Asset Turnover from 2010 to 2024

ENSG Stock  USD 146.21  0.23  0.16%   
Ensign's Fixed Asset Turnover is decreasing over the last several years with slightly volatile swings. Fixed Asset Turnover is predicted to flatten to 1.24. During the period from 2010 to 2024 The Ensign Group Fixed Asset Turnover regressed destribution of quarterly values had coefficient of variationof  70.90 and r-value of (0.58). View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
1.30983201
Current Value
1.24
Quarterly Volatility
1.96563018
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ensign financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ensign's main balance sheet or income statement drivers, such as Depreciation And Amortization of 76 M, Interest Expense of 8.2 M or Total Revenue of 3.9 B, as well as many indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.002 or PTB Ratio of 7.38. Ensign financial statements analysis is a perfect complement when working with Ensign Valuation or Volatility modules.
  
Check out the analysis of Ensign Correlation against competitors.

Latest Ensign's Fixed Asset Turnover Growth Pattern

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

Ensign Fixed Asset Turnover Regression Statistics

Arithmetic Mean2.77
Geometric Mean2.27
Coefficient Of Variation70.90
Mean Deviation1.57
Median1.88
Standard Deviation1.97
Sample Variance3.86
Range5.7709
R-Value(0.58)
Mean Square Error2.75
R-Squared0.34
Significance0.02
Slope(0.26)
Total Sum of Squares54.09

Ensign Fixed Asset Turnover History

2023 1.31
2022 1.24
2021 1.3
2020 1.33
2019 1.12
2018 3.35
2017 3.44

About Ensign Financial Statements

Ensign stakeholders use historical fundamental indicators, such as Ensign's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Ensign investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ensign's assets and liabilities are reflected in the revenues and expenses on Ensign'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 The Ensign Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 1.31  1.24 

Currently Active Assets on Macroaxis

When determining whether Ensign Group is a strong investment it is important to analyze Ensign'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 Ensign's future performance. For an informed investment choice regarding Ensign Stock, refer to the following important reports:
Check out the analysis of Ensign Correlation against competitors.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Health Care Providers & 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 Ensign. If investors know Ensign 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 Ensign 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
0.207
Dividend Share
0.24
Earnings Share
4.12
Revenue Per Share
72.801
Quarterly Revenue Growth
0.15
The market value of Ensign Group is measured differently than its book value, which is the value of Ensign that is recorded on the company's balance sheet. Investors also form their own opinion of Ensign's value that differs from its market value or its book value, called intrinsic value, which is Ensign'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 Ensign's market value can be influenced by many factors that don't directly affect Ensign'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 Ensign's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ensign is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ensign'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.