Able Fixed Asset Turnover from 2010 to 2024

ABLV Stock   0.89  0.01  1.11%   
Able View Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 60.05 in 2024. During the period from 2010 to 2024, Able View Fixed Asset Turnover regression line of quarterly data had mean square error of  7,423 and geometric mean of  260.01. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
63.21069976
Current Value
60.05
Quarterly Volatility
98.12475615
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Able View financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Able View's main balance sheet or income statement drivers, such as Tax Provision of 1.6 M, Depreciation And Amortization of 924.4 K or Interest Expense of 702.8 K, as well as many indicators such as Price To Sales Ratio of 0.7, Dividend Yield of 5.0E-4 or PTB Ratio of 9.16. Able financial statements analysis is a perfect complement when working with Able View Valuation or Volatility modules.
  
Check out the analysis of Able View Correlation against competitors.

Latest Able View's Fixed Asset Turnover Growth Pattern

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

Able Fixed Asset Turnover Regression Statistics

Arithmetic Mean290.73
Geometric Mean260.01
Coefficient Of Variation33.75
Mean Deviation64.58
Median322.57
Standard Deviation98.12
Sample Variance9,628
Range365
R-Value(0.53)
Mean Square Error7,423
R-Squared0.28
Significance0.04
Slope(11.69)
Total Sum of Squares134,799

Able Fixed Asset Turnover History

2024 60.05
2023 63.21
2022 264.58
2021 424.84

About Able View Financial Statements

Able View investors use historical fundamental indicators, such as Able View's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Able View. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 63.21  60.05 

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Additional Tools for Able Stock Analysis

When running Able View's price analysis, check to measure Able View'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 Able View is operating at the current time. Most of Able View's value examination focuses on studying past and present price action to predict the probability of Able View's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Able View's price. Additionally, you may evaluate how the addition of Able View to your portfolios can decrease your overall portfolio volatility.