SP Plus Fixed Asset Turnover from 2010 to 2024

SP Stock  USD 50.21  0.47  0.93%   
SP Plus Fixed Asset Turnover yearly trend continues to be relatively stable with very little volatility. Fixed Asset Turnover is likely to drop to 6.84. During the period from 2010 to 2024, SP Plus Fixed Asset Turnover destribution of quarterly values had range of 54.5785 from its regression line and mean deviation of  17.66. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
7.19539766
Current Value
6.84
Quarterly Volatility
19.87485217
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SP Plus financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SP Plus main balance sheet or income statement drivers, such as Depreciation And Amortization of 18.6 M, Interest Expense of 30.2 M or Total Revenue of 1 B, as well as many exotic indicators such as Price To Sales Ratio of 0.34, Dividend Yield of 8.0E-4 or PTB Ratio of 3.82. SP Plus financial statements analysis is a perfect complement when working with SP Plus Valuation or Volatility modules.
  
This module can also supplement SP Plus' financial leverage analysis and stock options assessment as well as various SP Plus Technical models . Check out the analysis of SP Plus Correlation against competitors.

Latest SP Plus' Fixed Asset Turnover Growth Pattern

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

SP Plus Fixed Asset Turnover Regression Statistics

Arithmetic Mean24.67
Geometric Mean15.98
Coefficient Of Variation80.56
Mean Deviation17.66
Median23.84
Standard Deviation19.87
Sample Variance395.01
Range54.5785
R-Value(0.49)
Mean Square Error323.27
R-Squared0.24
Significance0.06
Slope(2.18)
Total Sum of Squares5,530

SP Plus Fixed Asset Turnover History

2023 7.2
2022 6.84
2021 5.85
2020 3.77
2019 3.47
2018 36.44
2017 58.05

About SP Plus Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include SP Plus income statement, its balance sheet, and the statement of cash flows. SP Plus investors use historical funamental indicators, such as SP Plus's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although SP Plus investors may use each financial statement separately, they are all related. The changes in SP Plus's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on SP Plus's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on SP Plus Financial Statements. Understanding these patterns can help to make the right decision on long term investment in SP Plus. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 7.20  6.84 

Currently Active Assets on Macroaxis

When determining whether SP Plus Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if SP Plus Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Sp Plus Corp Stock. Highlighted below are key reports to facilitate an investment decision about Sp Plus Corp Stock:
Check out the analysis of SP Plus Correlation against competitors.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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Is SP Plus' industry 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 SP Plus. If investors know SP Plus 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 SP Plus 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
(0.74)
Earnings Share
1.57
Revenue Per Share
44.899
Quarterly Revenue Growth
0.052
Return On Assets
0.0505
The market value of SP Plus Corp is measured differently than its book value, which is the value of SP Plus that is recorded on the company's balance sheet. Investors also form their own opinion of SP Plus' value that differs from its market value or its book value, called intrinsic value, which is SP Plus' 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 SP Plus' market value can be influenced by many factors that don't directly affect SP Plus' 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 SP Plus' value and its price as these two are different measures arrived at by different means. Investors typically determine if SP Plus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SP Plus' 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.