OFS Fixed Asset Turnover from 2010 to 2024

OFS Stock  USD 8.58  0.08  0.94%   
OFS Capital Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to -0.08 in 2024. From the period from 2010 to 2024, OFS Capital Fixed Asset Turnover quarterly data regression had mean square error of  0.02 and mean deviation of  0.28. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
(0.08)
Current Value
(0.08)
Quarterly Volatility
0.29806326
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check OFS Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among OFS Capital's main balance sheet or income statement drivers, such as Depreciation And Amortization of 428.4 K, Interest Expense of 10.1 M or Selling General Administrative of 4.5 M, as well as many indicators such as Price To Sales Ratio of 3.27, Dividend Yield of 0.088 or PTB Ratio of 1.14. OFS financial statements analysis is a perfect complement when working with OFS Capital Valuation or Volatility modules.
  
Check out the analysis of OFS Capital Correlation against competitors.
For more information on how to buy OFS Stock please use our How to Invest in OFS Capital guide.

Latest OFS Capital's Fixed Asset Turnover Growth Pattern

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

OFS Fixed Asset Turnover Regression Statistics

Arithmetic Mean(0.37)
Coefficient Of Variation(81.22)
Mean Deviation0.28
Median(0.30)
Standard Deviation0.30
Sample Variance0.09
Range0.6468
R-Value0.88
Mean Square Error0.02
R-Squared0.77
Significance0.000015
Slope0.06
Total Sum of Squares1.24

OFS Fixed Asset Turnover History

2024 -0.0839
2023 -0.08
2021 -0.0888
2020 -0.0214
2019 -0.0262
2018 -0.3
2017 -0.14

About OFS Capital Financial Statements

OFS Capital shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although OFS Capital investors may analyze each financial statement separately, they are all interrelated. The changes in OFS Capital's assets and liabilities, for example, are also reflected in the revenues and expenses on on OFS Capital's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover(0.08)(0.08)

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Additional Tools for OFS Stock Analysis

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