Provident Fixed Asset Turnover from 2010 to 2024

PROV Stock  USD 16.41  0.10  0.61%   
Provident Financial 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, Provident Financial Fixed Asset Turnover regression line of quarterly data had mean square error of  14.97 and geometric mean of  6.17. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
4.17985612
Current Value
5.54
Quarterly Volatility
4.38991824
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Provident Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Provident Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.8 M, Interest Expense of 19.3 M or Selling General Administrative of 27 M, as well as many indicators such as Price To Sales Ratio of 2.55, Dividend Yield of 0.0478 or PTB Ratio of 1.06. Provident financial statements analysis is a perfect complement when working with Provident Financial Valuation or Volatility modules.
  
Check out the analysis of Provident Financial Correlation against competitors.

Latest Provident Financial's Fixed Asset Turnover Growth Pattern

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

Provident Fixed Asset Turnover Regression Statistics

Arithmetic Mean7.53
Geometric Mean6.17
Coefficient Of Variation58.26
Mean Deviation3.74
Median6.16
Standard Deviation4.39
Sample Variance19.27
Range15.312
R-Value(0.53)
Mean Square Error14.97
R-Squared0.28
Significance0.04
Slope(0.52)
Total Sum of Squares269.80

Provident Fixed Asset Turnover History

2024 5.54
2023 4.18
2022 4.45
2021 4.11
2020 3.76
2019 3.99
2018 6.16

About Provident Financial Financial Statements

Provident Financial investors use historical fundamental indicators, such as Provident Financial's 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 Provident Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 4.18  5.54 

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Additional Tools for Provident Stock Analysis

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