Axalta Fixed Asset Turnover from 2010 to 2024

AXTA Stock  USD 39.78  0.89  2.29%   
Axalta Coating's Fixed Asset Turnover is decreasing over the years with slightly volatile fluctuation. Fixed Asset Turnover is expected to dwindle to 2.86. From 2010 to 2024 Axalta Coating Fixed Asset Turnover quarterly data regression line had arithmetic mean of  3.84 and r-squared of  0.23. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
3.95853696
Current Value
2.86
Quarterly Volatility
1.20290768
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Axalta Coating financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Axalta Coating's main balance sheet or income statement drivers, such as Depreciation And Amortization of 199 M, Interest Expense of 162 M or Selling General Administrative of 705.4 M, as well as many indicators such as Price To Sales Ratio of 1.14, Dividend Yield of 1.0E-4 or PTB Ratio of 3.88. Axalta financial statements analysis is a perfect complement when working with Axalta Coating Valuation or Volatility modules.
  
Check out the analysis of Axalta Coating Correlation against competitors.

Latest Axalta Coating's Fixed Asset Turnover Growth Pattern

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

Axalta Fixed Asset Turnover Regression Statistics

Arithmetic Mean3.84
Geometric Mean3.69
Coefficient Of Variation31.29
Mean Deviation0.91
Median3.62
Standard Deviation1.20
Sample Variance1.45
Range3.5486
R-Value(0.48)
Mean Square Error1.20
R-Squared0.23
Significance0.07
Slope(0.13)
Total Sum of Squares20.26

Axalta Fixed Asset Turnover History

2024 2.86
2023 3.96
2022 4.1
2021 3.72
2020 3.13
2019 3.66
2018 3.62

About Axalta Coating Financial Statements

Axalta Coating stakeholders use historical fundamental indicators, such as Axalta Coating's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Axalta Coating investors may analyze each financial statement separately, they are all interrelated. For example, changes in Axalta Coating's assets and liabilities are reflected in the revenues and expenses on Axalta Coating's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Axalta Coating Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 3.96  2.86 

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When determining whether Axalta Coating Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Axalta Coating's 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 Axalta Coating Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Axalta Coating Systems Stock:
Check out the analysis of Axalta Coating Correlation against competitors.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Specialty Chemicals space 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 Axalta Coating. If investors know Axalta 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 Axalta Coating 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
0.412
Earnings Share
1.48
Revenue Per Share
23.932
Quarterly Revenue Growth
0.008
Return On Assets
0.0672
The market value of Axalta Coating Systems is measured differently than its book value, which is the value of Axalta that is recorded on the company's balance sheet. Investors also form their own opinion of Axalta Coating's value that differs from its market value or its book value, called intrinsic value, which is Axalta Coating'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 Axalta Coating's market value can be influenced by many factors that don't directly affect Axalta Coating'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 Axalta Coating's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axalta Coating is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axalta Coating'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.