Comfort Fixed Asset Turnover from 2010 to 2024

FIX Stock  USD 432.03  6.82  1.55%   
Comfort Systems Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 11.94 in 2024. During the period from 2010 to 2024, Comfort Systems Fixed Asset Turnover regression line of annual values had r-squared of  0.40 and arithmetic mean of  22.09. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
12.56821473
Current Value
11.94
Quarterly Volatility
6.85056782
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Comfort Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Comfort Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 85.6 M, Interest Expense of 10.8 M or Selling General Administrative of 573.3 M, as well as many indicators such as Price To Sales Ratio of 1.48, Dividend Yield of 0.0039 or PTB Ratio of 6.05. Comfort financial statements analysis is a perfect complement when working with Comfort Systems Valuation or Volatility modules.
  
Check out the analysis of Comfort Systems Correlation against competitors.

Latest Comfort Systems' Fixed Asset Turnover Growth Pattern

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

Comfort Fixed Asset Turnover Regression Statistics

Arithmetic Mean22.09
Geometric Mean20.96
Coefficient Of Variation31.02
Mean Deviation5.64
Median23.97
Standard Deviation6.85
Sample Variance46.93
Range20.2018
R-Value(0.63)
Mean Square Error30.39
R-Squared0.40
Significance0.01
Slope(0.97)
Total Sum of Squares657.02

Comfort Fixed Asset Turnover History

2024 11.94
2023 12.57
2022 28.76
2021 12.13
2020 24.37
2019 13.49
2018 21.91

About Comfort Systems Financial Statements

Comfort Systems investors use historical fundamental indicators, such as Comfort Systems' Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Comfort Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 12.57  11.94 

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Additional Tools for Comfort Stock Analysis

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