United Fixed Asset Turnover from 2010 to 2024

X Stock  USD 36.55  1.39  3.66%   
United States Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover is likely to outpace its year average in 2024. During the period from 2010 to 2024, United States Fixed Asset Turnover regression line of annual values had r-squared of  0.32 and arithmetic mean of  2.58. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
1.52713769
Current Value
2.06
Quarterly Volatility
0.57638386
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check United States financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among United main balance sheet or income statement drivers, such as Depreciation And Amortization of 532.8 M or Interest Expense of 132.1 M, as well as many exotic indicators such as Price To Sales Ratio of 0.4 or Dividend Yield of 0.18. United financial statements analysis is a perfect complement when working with United States Valuation or Volatility modules.
  
This module can also supplement United States' financial leverage analysis and stock options assessment as well as various United States Technical models . Check out the analysis of United States Correlation against competitors.

Latest United States' Fixed Asset Turnover Growth Pattern

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

United Fixed Asset Turnover Regression Statistics

Arithmetic Mean2.58
Geometric Mean2.52
Coefficient Of Variation22.31
Mean Deviation0.44
Median2.62
Standard Deviation0.58
Sample Variance0.33
Range2.3004
R-Value(0.57)
Mean Square Error0.24
R-Squared0.32
Significance0.03
Slope(0.07)
Total Sum of Squares4.65

United Fixed Asset Turnover History

2024 2.06
2023 1.53
2022 2.44
2021 2.73
2020 1.72
2019 2.28
2018 2.91

About United States Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include United States income statement, its balance sheet, and the statement of cash flows. United States investors use historical funamental indicators, such as United States's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although United States investors may use each financial statement separately, they are all related. The changes in United States's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on United States'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 United States Financial Statements. Understanding these patterns can help to make the right decision on long term investment in United States. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 1.53  2.06 

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When determining whether United States Steel offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United States' 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 United States Steel Stock. Outlined below are crucial reports that will aid in making a well-informed decision on United States Steel Stock:
Check out the analysis of United States Correlation against competitors.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running United States' price analysis, check to measure United States' 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 United States is operating at the current time. Most of United States' value examination focuses on studying past and present price action to predict the probability of United States' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United States' price. Additionally, you may evaluate how the addition of United States to your portfolios can decrease your overall portfolio volatility.
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Is United States' 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 United States. If investors know United 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 United States 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
(0.35)
Dividend Share
0.2
Earnings Share
3.56
Revenue Per Share
80.321
Quarterly Revenue Growth
(0.04)
The market value of United States Steel is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United States' value that differs from its market value or its book value, called intrinsic value, which is United States' 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 United States' market value can be influenced by many factors that don't directly affect United States' 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 United States' value and its price as these two are different measures arrived at by different means. Investors typically determine if United States is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United States' 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.