Smith Fixed Asset Turnover from 2010 to 2024

SWBI Stock  USD 13.58  0.12  0.88%   
Smith Wesson's Fixed Asset Turnover is decreasing with slightly volatile movements from year to year. Fixed Asset Turnover is predicted to flatten to 0.39. For the period between 2010 and 2024, Smith Wesson, Fixed Asset Turnover quarterly trend regression had mean deviation of  1.92 and range of 9.801. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
2.10971994
Current Value
0.39048259
Quarterly Volatility
2.45933516
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Smith Wesson financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Smith Wesson's main balance sheet or income statement drivers, such as Depreciation And Amortization of 23.5 M, Other Operating Expenses of 403.5 M or Operating Income of 67.1 M, as well as many indicators such as Price To Sales Ratio of 114, Dividend Yield of 0.0186 or Days Sales Outstanding of 52.6. Smith financial statements analysis is a perfect complement when working with Smith Wesson Valuation or Volatility modules.
  
Check out the analysis of Smith Wesson Correlation against competitors.

Latest Smith Wesson's Fixed Asset Turnover Growth Pattern

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

Smith Fixed Asset Turnover Regression Statistics

Arithmetic Mean4.98
Geometric Mean4.12
Coefficient Of Variation49.36
Mean Deviation1.92
Median5.20
Standard Deviation2.46
Sample Variance6.05
Range9.801
R-Value(0.71)
Mean Square Error3.23
R-Squared0.50
Significance0
Slope(0.39)
Total Sum of Squares84.68

Smith Fixed Asset Turnover History

2024 0.39
2023 2.11
2022 2.28
2021 6.37
2020 7.48
2019 4.31
2018 3.48

About Smith Wesson Financial Statements

Investors use fundamental indicators, such as Smith Wesson's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Smith Wesson'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 2.11  0.39 

Currently Active Assets on Macroaxis

When determining whether Smith Wesson Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Smith Wesson'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 Smith Wesson Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Smith Wesson Brands Stock:
Check out the analysis of Smith Wesson Correlation against competitors.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Leisure Products 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 Smith Wesson. If investors know Smith 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 Smith Wesson 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
1.047
Dividend Share
0.49
Earnings Share
0.74
Revenue Per Share
11.178
Quarterly Revenue Growth
(0.23)
The market value of Smith Wesson Brands is measured differently than its book value, which is the value of Smith that is recorded on the company's balance sheet. Investors also form their own opinion of Smith Wesson's value that differs from its market value or its book value, called intrinsic value, which is Smith Wesson'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 Smith Wesson's market value can be influenced by many factors that don't directly affect Smith Wesson'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 Smith Wesson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smith Wesson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Wesson'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.