SOS Fixed Asset Turnover from 2010 to 2024

SOS Stock  USD 6.95  0.77  9.97%   
SOS Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to 3.09 in 2024. From the period from 2010 to 2024, SOS Fixed Asset Turnover quarterly data regression had r-value of (0.81) and coefficient of variation of  42.63. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
3.25122252
Current Value
3.09
Quarterly Volatility
6.42498074
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SOS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SOS's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.2 M, Interest Expense of 17.3 M or Selling General Administrative of 17.4 M, as well as many indicators such as Price To Sales Ratio of 31.82, Dividend Yield of 0.0 or PTB Ratio of 6.9. SOS financial statements analysis is a perfect complement when working with SOS Valuation or Volatility modules.
  
Check out the analysis of SOS Correlation against competitors.

Latest SOS's Fixed Asset Turnover Growth Pattern

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

SOS Fixed Asset Turnover Regression Statistics

Arithmetic Mean15.07
Geometric Mean13.10
Coefficient Of Variation42.63
Mean Deviation5.14
Median15.28
Standard Deviation6.42
Sample Variance41.28
Range18.635
R-Value(0.81)
Mean Square Error15.05
R-Squared0.66
Significance0.0002
Slope(1.17)
Total Sum of Squares577.93

SOS Fixed Asset Turnover History

2024 3.09
2023 3.25
2022 19.3
2021 11.28
2020 10.78
2019 14.31
2018 13.53

About SOS Financial Statements

SOS shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although SOS investors may analyze each financial statement separately, they are all interrelated. The changes in SOS's assets and liabilities, for example, are also reflected in the revenues and expenses on on SOS'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 3.25  3.09 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for SOS Stock Analysis

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