Arcos Asset Turnover from 2010 to 2023
ARCO Stock | USD 9.17 0.32 3.37% |
Check Arcos Dorados financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Arcos main balance sheet or income statement drivers, such as Consolidated Income of 152 M, Cost of Revenue of 2.8 B or Earning Before Interest and Taxes EBIT of 290.9 M, as well as many exotic indicators such as Asset Turnover of 1.47, Book Value per Share of 1.62 or Current Ratio of 0.84. Arcos financial statements analysis is a perfect complement when working with Arcos Dorados Valuation or Volatility modules.
Arcos | Asset Turnover |
Arcos Asset Turnover Breakdown
Showing smoothed Asset Turnover of Arcos Dorados Holdings with missing and latest data points interpolated. Asset turnover is a measure of a firms operating efficiency; calculated by dividing Revenues by Average Assets. Often a component of DuPont ROE analysis. Arcos Dorados' Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Arcos Dorados' overall financial position and show how it may be relating to other accounts over time.
Asset Turnover | 10 Years Trend |
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Asset Turnover |
Timeline |
Arcos Asset Turnover Regression Statistics
Arithmetic Mean | 1.70 | |
Geometric Mean | 1.66 | |
Coefficient Of Variation | 22.29 | |
Mean Deviation | 0.33 | |
Median | 1.94 | |
Standard Deviation | 0.38 | |
Sample Variance | 0.14 | |
Range | 1.15 | |
R-Value | (0.70) | |
Mean Square Error | 0.08 | |
R-Squared | 0.50 | |
Significance | 0.004919 | |
Slope | (0.06) | |
Total Sum of Squares | 1.88 |
Arcos Asset Turnover History
About Arcos Dorados Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Arcos Dorados income statement, its balance sheet, and the statement of cash flows. Arcos Dorados investors use historical funamental indicators, such as Arcos Dorados's Asset Turnover, to determine how well the company is positioned to perform in the future. Although Arcos Dorados investors may use each financial statement separately, they are all related. The changes in Arcos Dorados's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Arcos Dorados'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 Arcos Dorados Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Arcos Dorados. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for 2023 | ||
Asset Turnover | 1.45 | 1.47 | |
Average Assets | 2.5 B | 2.4 B | |
Tangible Asset Value | 2.6 B | 2.5 B |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Arcos Dorados in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Arcos Dorados' short interest history, or implied volatility extrapolated from Arcos Dorados options trading.
Pair Trading with Arcos Dorados
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Arcos Dorados position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Arcos Dorados will appreciate offsetting losses from the drop in the long position's value.Moving together with Arcos Stock
+ | 0.71 | BH | Biglari Holdings | Fiscal Quarter End 30th of September 2023 | PairCorr | |
+ | 0.62 | SG | Sweetgreen | Fiscal Quarter End 30th of September 2023 | PairCorr | |
+ | 0.79 | BFI | Burgerfi International | Fiscal Quarter End 30th of September 2023 | PairCorr |
Moving against Arcos Stock
- | 0.58 | FRGI | Fiesta Restaurant | Fiscal Quarter End 30th of September 2023 | PairCorr | |
- | 0.51 | BDL | Flanigans Enterprises | Fiscal Quarter End 30th of September 2023 | PairCorr |
The ability to find closely correlated positions to Arcos Dorados could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arcos Dorados when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Arcos Dorados - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Arcos Dorados Holdings to buy it.
The correlation of Arcos Dorados is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Arcos Dorados moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arcos Dorados Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Arcos Dorados can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Arcos Dorados Correlation against competitors. Note that the Arcos Dorados Holdings information on this page should be used as a complementary analysis to other Arcos Dorados' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Arcos Stock analysis
When running Arcos Dorados' price analysis, check to measure Arcos Dorados' 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 Arcos Dorados is operating at the current time. Most of Arcos Dorados' value examination focuses on studying past and present price action to predict the probability of Arcos Dorados' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arcos Dorados' price. Additionally, you may evaluate how the addition of Arcos Dorados to your portfolios can decrease your overall portfolio volatility.
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Is Arcos Dorados' 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 Arcos Dorados. If investors know Arcos 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 Arcos Dorados listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Arcos Dorados Holdings is measured differently than its book value, which is the value of Arcos that is recorded on the company's balance sheet. Investors also form their own opinion of Arcos Dorados' value that differs from its market value or its book value, called intrinsic value, which is Arcos Dorados' 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 Arcos Dorados' market value can be influenced by many factors that don't directly affect Arcos Dorados' 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 Arcos Dorados' value and its price as these two are different measures arrived at by different means. Investors typically determine if Arcos Dorados is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arcos Dorados' 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.