Energy Fixed Asset Turnover from 2010 to 2024

ERII Stock  USD 16.04  0.48  3.08%   
Energy Recovery's Fixed Asset Turnover is decreasing with stable movements from year to year. Fixed Asset Turnover is estimated to finish at 7.23 this year. For the period between 2010 and 2024, Energy Recovery, Fixed Asset Turnover quarterly trend regression had mean deviation of  2.44 and range of 17.2598. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
4.25447494
Current Value
7.23
Quarterly Volatility
4.20643477
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Energy Recovery financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Energy Recovery's main balance sheet or income statement drivers, such as Interest Expense of 1.1 M, Selling General Administrative of 17.7 M or Selling And Marketing Expenses of 23.3 M, as well as many indicators such as Price To Sales Ratio of 7.87, Dividend Yield of 0.0 or PTB Ratio of 4.6. Energy financial statements analysis is a perfect complement when working with Energy Recovery Valuation or Volatility modules.
  
Check out the analysis of Energy Recovery Correlation against competitors.
For more detail on how to invest in Energy Stock please use our How to Invest in Energy Recovery guide.

Latest Energy Recovery's Fixed Asset Turnover Growth Pattern

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

Energy Fixed Asset Turnover Regression Statistics

Arithmetic Mean4.75
Geometric Mean3.90
Coefficient Of Variation88.49
Mean Deviation2.44
Median3.28
Standard Deviation4.21
Sample Variance17.69
Range17.2598
R-Value(0.25)
Mean Square Error17.89
R-Squared0.06
Significance0.37
Slope(0.23)
Total Sum of Squares247.72

Energy Fixed Asset Turnover History

2024 7.23
2023 4.25
2022 3.84
2021 2.97
2020 3.28
2019 2.89
2018 2.78

About Energy Recovery Financial Statements

Investors use fundamental indicators, such as Energy Recovery's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Energy Recovery's 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 4.25  7.23 

Currently Active Assets on Macroaxis

When determining whether Energy Recovery offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Energy Recovery's 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 Energy Recovery Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Energy Recovery Stock:
Check out the analysis of Energy Recovery Correlation against competitors.
For more detail on how to invest in Energy Stock please use our How to Invest in Energy Recovery guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Industrial Machinery & Supplies & Components 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 Energy Recovery. If investors know Energy 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 Energy Recovery 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
(0.14)
Earnings Share
0.33
Revenue Per Share
2.36
Quarterly Revenue Growth
0.042
Return On Assets
0.0379
The market value of Energy Recovery is measured differently than its book value, which is the value of Energy that is recorded on the company's balance sheet. Investors also form their own opinion of Energy Recovery's value that differs from its market value or its book value, called intrinsic value, which is Energy Recovery'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 Energy Recovery's market value can be influenced by many factors that don't directly affect Energy Recovery'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 Energy Recovery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Recovery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Recovery'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.