Red Fixed Asset Turnover from 2010 to 2024

RDVT Stock  USD 17.01  0.01  0.06%   
Red Violet Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to 12.30 in 2024. From the period from 2010 to 2024, Red Violet Fixed Asset Turnover quarterly data regression had r-value of  0.75 and coefficient of variation of  67.03. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
19.74549032
Current Value
12.3
Quarterly Volatility
7.49700784
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Red Violet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Red main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 423.8 K or Selling General Administrative of 18.3 M, as well as many exotic indicators such as Price To Sales Ratio of 4.4, Dividend Yield of 0.0 or PTB Ratio of 3.08. Red financial statements analysis is a perfect complement when working with Red Violet Valuation or Volatility modules.
  
This module can also supplement Red Violet's financial leverage analysis and stock options assessment as well as various Red Violet Technical models . Check out the analysis of Red Violet Correlation against competitors.
For more information on how to buy Red Stock please use our How to Invest in Red Violet guide.

Latest Red Violet's Fixed Asset Turnover Growth Pattern

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

Red Fixed Asset Turnover Regression Statistics

Arithmetic Mean11.18
Geometric Mean9.29
Coefficient Of Variation67.03
Mean Deviation6.10
Median7.86
Standard Deviation7.50
Sample Variance56.21
Range23.8406
R-Value0.75
Mean Square Error26.13
R-Squared0.57
Significance0
Slope1.26
Total Sum of Squares786.87

Red Fixed Asset Turnover History

2024 12.3
2023 19.75
2022 29.25
2021 19.67
2020 12.72
2019 9.23
2018 19.13

About Red Violet Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Red Violet income statement, its balance sheet, and the statement of cash flows. Red Violet investors use historical funamental indicators, such as Red Violet's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Red Violet investors may use each financial statement separately, they are all related. The changes in Red Violet's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Red Violet'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 Red Violet Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Red Violet. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 19.75  12.30 
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 Red Violet 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, Red Violet's short interest history, or implied volatility extrapolated from Red Violet options trading.

Currently Active Assets on Macroaxis

When determining whether Red Violet 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 Red 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 Red Violet Stock. Highlighted below are key reports to facilitate an investment decision about Red Violet Stock:
Check out the analysis of Red Violet Correlation against competitors.
For more information on how to buy Red Stock please use our How to Invest in Red Violet guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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When running Red Violet's price analysis, check to measure Red Violet'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 Red Violet is operating at the current time. Most of Red Violet's value examination focuses on studying past and present price action to predict the probability of Red Violet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Violet's price. Additionally, you may evaluate how the addition of Red Violet to your portfolios can decrease your overall portfolio volatility.
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Is Red Violet'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 Red Violet. If investors know Red 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 Red Violet 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
4.438
Earnings Share
0.96
Revenue Per Share
4.308
Quarterly Revenue Growth
0.152
Return On Assets
0.0184
The market value of Red Violet is measured differently than its book value, which is the value of Red that is recorded on the company's balance sheet. Investors also form their own opinion of Red Violet's value that differs from its market value or its book value, called intrinsic value, which is Red Violet'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 Red Violet's market value can be influenced by many factors that don't directly affect Red Violet'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 Red Violet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Red Violet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Red Violet'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.