ResMed Fixed Asset Turnover from 2010 to 2024

RMD Stock  USD 184.22  3.87  2.15%   
ResMed's Fixed Asset Turnover is decreasing over the years with very volatile fluctuation. Fixed Asset Turnover is expected to dwindle to 5.87. During the period from 2010 to 2024 ResMed Fixed Asset Turnover annual values regression line had geometric mean of  5.51 and mean square error of  8.83. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
7.29
Current Value
5.87
Quarterly Volatility
2.8724942
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ResMed financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ResMed main balance sheet or income statement drivers, such as Depreciation And Amortization of 238.6 M, Interest Expense of 57.2 M or Total Revenue of 5.1 B, as well as many exotic indicators such as Price To Sales Ratio of 4.25, Dividend Yield of 0.0183 or PTB Ratio of 4.78. ResMed financial statements analysis is a perfect complement when working with ResMed Valuation or Volatility modules.
  
This module can also supplement ResMed's financial leverage analysis and stock options assessment as well as various ResMed Technical models . Check out the analysis of ResMed Correlation against competitors.

Latest ResMed's Fixed Asset Turnover Growth Pattern

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

ResMed Fixed Asset Turnover Regression Statistics

Arithmetic Mean5.94
Geometric Mean5.51
Coefficient Of Variation48.39
Mean Deviation1.62
Median5.52
Standard Deviation2.87
Sample Variance8.25
Range12.2494
R-Value(0.08)
Mean Square Error8.83
R-Squared0.01
Significance0.78
Slope(0.05)
Total Sum of Squares115.52

ResMed Fixed Asset Turnover History

2024 5.87
2023 7.29
2022 6.34
2021 5.68
2020 5.4
2019 5.52
2018 6.73

About ResMed Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include ResMed income statement, its balance sheet, and the statement of cash flows. ResMed investors use historical funamental indicators, such as ResMed's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although ResMed investors may use each financial statement separately, they are all related. The changes in ResMed's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ResMed'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 ResMed Financial Statements. Understanding these patterns can help to make the right decision on long term investment in ResMed. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 7.29  5.87 

Currently Active Assets on Macroaxis

When determining whether ResMed Inc is a strong investment it is important to analyze ResMed's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ResMed's future performance. For an informed investment choice regarding ResMed Stock, refer to the following important reports:
Check out the analysis of ResMed Correlation against competitors.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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When running ResMed's price analysis, check to measure ResMed'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 ResMed is operating at the current time. Most of ResMed's value examination focuses on studying past and present price action to predict the probability of ResMed's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ResMed's price. Additionally, you may evaluate how the addition of ResMed to your portfolios can decrease your overall portfolio volatility.
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Is ResMed'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 ResMed. If investors know ResMed 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 ResMed 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
(0.07)
Dividend Share
1.84
Earnings Share
6.04
Revenue Per Share
30.633
Quarterly Revenue Growth
0.125
The market value of ResMed Inc is measured differently than its book value, which is the value of ResMed that is recorded on the company's balance sheet. Investors also form their own opinion of ResMed's value that differs from its market value or its book value, called intrinsic value, which is ResMed'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 ResMed's market value can be influenced by many factors that don't directly affect ResMed'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 ResMed's value and its price as these two are different measures arrived at by different means. Investors typically determine if ResMed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ResMed'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.