Formula Fixed Asset Turnover from 2010 to 2024

FORTY Stock  USD 85.25  2.02  2.31%   
Formula Systems Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover is likely to outpace its year average in 2024. During the period from 2010 to 2024, Formula Systems Fixed Asset Turnover regression line of annual values had r-squared of  0.14 and arithmetic mean of  27.81. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
15.09893307
Current Value
20.94
Quarterly Volatility
14.66496174
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Formula Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Formula Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 127.9 M, Interest Expense of 40.3 M or Total Revenue of 2.8 B, as well as many indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0089 or PTB Ratio of 0.98. Formula financial statements analysis is a perfect complement when working with Formula Systems Valuation or Volatility modules.
  
Check out the analysis of Formula Systems Correlation against competitors.

Latest Formula Systems' Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Formula Systems 1985 over the last few years. It is Formula Systems' Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Formula 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  

Formula Fixed Asset Turnover Regression Statistics

Arithmetic Mean27.81
Geometric Mean23.76
Coefficient Of Variation52.73
Mean Deviation13.17
Median32.01
Standard Deviation14.66
Sample Variance215.06
Range42.8397
R-Value(0.37)
Mean Square Error199.51
R-Squared0.14
Significance0.17
Slope(1.22)
Total Sum of Squares3,011

Formula Fixed Asset Turnover History

2024 20.94
2023 15.1
2022 14.93
2021 13.93
2020 11.12
2019 11.56
2018 51.16

About Formula Systems Financial Statements

Formula Systems investors use historical fundamental indicators, such as Formula 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 Formula Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 15.10  20.94 

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Additional Tools for Formula Stock Analysis

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