BlackBerry Fixed Asset Turnover from 2010 to 2024

BB Stock  USD 2.76  0.01  0.36%   
BlackBerry's Fixed Asset Turnover is increasing over the years with stable fluctuation. Fixed Asset Turnover is expected to dwindle to 5.06. From 2010 to 2024 BlackBerry Fixed Asset Turnover quarterly data regression line had arithmetic mean of  8.11 and r-squared of  0.04. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
5.36082474
Current Value
5.06
Quarterly Volatility
3.98528974
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check BlackBerry financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BlackBerry main balance sheet or income statement drivers, such as Depreciation And Amortization of 395.4 M, Interest Expense of 21.6 M or Total Revenue of 988 M, as well as many exotic indicators such as Short Term Coverage Ratios of 0.0408, Price To Sales Ratio of 2.9 or Dividend Yield of 4.0E-4. BlackBerry financial statements analysis is a perfect complement when working with BlackBerry Valuation or Volatility modules.
  
This module can also supplement BlackBerry's financial leverage analysis and stock options assessment as well as various BlackBerry Technical models . Check out the analysis of BlackBerry Correlation against competitors.
For information on how to trade BlackBerry Stock refer to our How to Trade BlackBerry Stock guide.

Latest BlackBerry's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of BlackBerry over the last few years. It is BlackBerry's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in BlackBerry's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Pretty Stable
   Fixed Asset Turnover   
       Timeline  

BlackBerry Fixed Asset Turnover Regression Statistics

Arithmetic Mean8.11
Geometric Mean7.01
Coefficient Of Variation49.16
Mean Deviation3.06
Median7.89
Standard Deviation3.99
Sample Variance15.88
Range13.322
R-Value0.19
Mean Square Error16.47
R-Squared0.04
Significance0.49
Slope0.17
Total Sum of Squares222.36

BlackBerry Fixed Asset Turnover History

2024 5.06
2023 5.36
2022 9.51
2021 7.89
2019 8.05
2018 10.64
2017 14.56

About BlackBerry Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include BlackBerry income statement, its balance sheet, and the statement of cash flows. BlackBerry investors use historical funamental indicators, such as BlackBerry's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although BlackBerry investors may use each financial statement separately, they are all related. The changes in BlackBerry's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on BlackBerry'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 BlackBerry Financial Statements. Understanding these patterns can help to make the right decision on long term investment in BlackBerry. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Fixed Asset Turnover 5.36  5.06 

Pair Trading with BlackBerry

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 BlackBerry 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 BlackBerry will appreciate offsetting losses from the drop in the long position's value.

Moving against BlackBerry Stock

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The ability to find closely correlated positions to BlackBerry could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BlackBerry 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 BlackBerry - 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 BlackBerry to buy it.
The correlation of BlackBerry is a statistical measure of how it moves in relation to other instruments. 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 BlackBerry moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BlackBerry 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 BlackBerry 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.
Pair CorrelationCorrelation Matching
When determining whether BlackBerry offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BlackBerry'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 Blackberry Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Blackberry Stock:
Check out the analysis of BlackBerry Correlation against competitors.
For information on how to trade BlackBerry Stock refer to our How to Trade BlackBerry Stock guide.
Note that the BlackBerry information on this page should be used as a complementary analysis to other BlackBerry's 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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When running BlackBerry's price analysis, check to measure BlackBerry'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 BlackBerry is operating at the current time. Most of BlackBerry's value examination focuses on studying past and present price action to predict the probability of BlackBerry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BlackBerry's price. Additionally, you may evaluate how the addition of BlackBerry to your portfolios can decrease your overall portfolio volatility.
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Is BlackBerry's 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 BlackBerry. If investors know BlackBerry 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 BlackBerry listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.99)
Revenue Per Share
1.425
Quarterly Revenue Growth
0.036
Return On Assets
(0.03)
Return On Equity
(0.53)
The market value of BlackBerry is measured differently than its book value, which is the value of BlackBerry that is recorded on the company's balance sheet. Investors also form their own opinion of BlackBerry's value that differs from its market value or its book value, called intrinsic value, which is BlackBerry'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 BlackBerry's market value can be influenced by many factors that don't directly affect BlackBerry'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 BlackBerry's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackBerry is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackBerry'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.