Facebook Weighted Average Shares vs Asset Turnover Analysis

Weighted Average Shares vs Asset Turnover

Weighted Average Shares

The weighted average number of shares or units issued and outstanding that are used by the company to calculate Earnings per Basic Share, determined based on the timing of issuance of shares or units in the period.

Asset Turnover

Asset turnover is a measure of a firms operating efficiency, calculated by dividing Revenues by Average Assets. Often a component of DuPont return on equity analysis.

Accounts Relationship

Weighted Average Shares vs Asset Turnover

Significance: Pay attention

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Facebook Inc Weighted Average Shares account and Asset Turnover

Correlation Coefficient

-0.93
Relationship DirectionNegative 
Relationship StrengthSignificant