NABL Fixed Asset Turnover from 2010 to 2024

NABL Stock  USD 9.60  0.05  0.52%   
N Able Fixed Asset Turnover yearly trend continues to be quite stable with very little volatility. Fixed Asset Turnover may rise above 9.83 this year. From the period between 2010 and 2024, N Able, Fixed Asset Turnover regression line of its data series had standard deviation of  5.13 and standard deviation of  5.13. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
6.12263261
Current Value
9.83
Quarterly Volatility
5.12534746
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check N Able financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among N Able's main balance sheet or income statement drivers, such as Tax Provision of 10.3 M, Depreciation And Amortization of 32.7 M or Interest Expense of 22.1 M, as well as many indicators such as Price To Sales Ratio of 5.44, Dividend Yield of 0.088 or PTB Ratio of 6.52. NABL financial statements analysis is a perfect complement when working with N Able Valuation or Volatility modules.
  
Check out the analysis of N Able Correlation against competitors.

Latest N Able's Fixed Asset Turnover Growth Pattern

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

NABL Fixed Asset Turnover Regression Statistics

Arithmetic Mean13.46
Geometric Mean12.25
Coefficient Of Variation38.08
Mean Deviation4.61
Median17.30
Standard Deviation5.13
Sample Variance26.27
Range12.6793
R-Value(0.83)
Mean Square Error8.75
R-Squared0.69
Significance0.0001
Slope(0.95)
Total Sum of Squares367.77

NABL Fixed Asset Turnover History

2024 9.83
2023 6.12
2022 5.38
2021 4.62
2020 9.1
2019 11.12

About N Able Financial Statements

N Able investors utilize fundamental indicators, such as Fixed Asset Turnover, to predict how NABL Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 6.12  9.83 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether N Able Inc is a strong investment it is important to analyze N Able'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 N Able's future performance. For an informed investment choice regarding NABL Stock, refer to the following important reports:
Check out the analysis of N Able Correlation against competitors.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Systems Software 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 N Able. If investors know NABL 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 N Able 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
0.933
Earnings Share
0.2
Revenue Per Share
2.484
Quarterly Revenue Growth
0.083
Return On Assets
0.0483
The market value of N Able Inc is measured differently than its book value, which is the value of NABL that is recorded on the company's balance sheet. Investors also form their own opinion of N Able's value that differs from its market value or its book value, called intrinsic value, which is N Able'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 N Able's market value can be influenced by many factors that don't directly affect N Able'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 N Able's value and its price as these two are different measures arrived at by different means. Investors typically determine if N Able is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, N Able'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.