Hirequest Fixed Asset Turnover from 2010 to 2024

HQI Stock  USD 15.21  0.28  1.81%   
Hirequest's Fixed Asset Turnover is decreasing with slightly volatile movements from year to year. Fixed Asset Turnover is predicted to flatten to 8.41. For the period between 2010 and 2024, Hirequest, Fixed Asset Turnover quarterly trend regression had mean deviation of  117.90 and range of 291. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
8.85093458
Current Value
8.41
Quarterly Volatility
126.08054185
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hirequest financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hirequest's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.9 M, Interest Expense of 1.5 M or Total Revenue of 59.1 M, as well as many indicators such as Price To Sales Ratio of 5.29, Dividend Yield of 0.0151 or PTB Ratio of 5.83. Hirequest financial statements analysis is a perfect complement when working with Hirequest Valuation or Volatility modules.
  
Check out the analysis of Hirequest Correlation against competitors.
For more detail on how to invest in Hirequest Stock please use our How to Invest in Hirequest guide.

Latest Hirequest's Fixed Asset Turnover Growth Pattern

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

Hirequest Fixed Asset Turnover Regression Statistics

Arithmetic Mean124.19
Geometric Mean42.57
Coefficient Of Variation101.52
Mean Deviation117.90
Median58.74
Standard Deviation126.08
Sample Variance15,896
Range291
R-Value(0.63)
Mean Square Error10,277
R-Squared0.40
Significance0.01
Slope(17.82)
Total Sum of Squares222,548

Hirequest Fixed Asset Turnover History

2024 8.41
2023 8.85
2022 7.11
2021 5.11
2020 4.32
2018 8.35

About Hirequest Financial Statements

Investors use fundamental indicators, such as Hirequest's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Hirequest'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 8.85  8.41 

Currently Active Assets on Macroaxis

When determining whether Hirequest offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hirequest'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 Hirequest Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hirequest Stock:
Check out the analysis of Hirequest Correlation against competitors.
For more detail on how to invest in Hirequest Stock please use our How to Invest in Hirequest guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Human Resource & Employment 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 Hirequest. If investors know Hirequest 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 Hirequest 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
0.007
Dividend Share
0.24
Earnings Share
0.14
Revenue Per Share
2.626
Quarterly Revenue Growth
0.016
The market value of Hirequest is measured differently than its book value, which is the value of Hirequest that is recorded on the company's balance sheet. Investors also form their own opinion of Hirequest's value that differs from its market value or its book value, called intrinsic value, which is Hirequest'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 Hirequest's market value can be influenced by many factors that don't directly affect Hirequest'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 Hirequest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hirequest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hirequest'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.