Birks Fixed Asset Turnover from 2010 to 2024

BGI Stock  USD 1.57  0.04  2.48%   
Birks' Fixed Asset Turnover is decreasing with slightly volatile movements from year to year. Fixed Asset Turnover is predicted to flatten to 1.98. For the period between 2010 and 2024, Birks, Fixed Asset Turnover quarterly trend regression had mean deviation of  0.62 and range of 5.4052. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
2.39157093
Current Value
1.97910973
Quarterly Volatility
1.30108151
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Birks financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Birks' main balance sheet or income statement drivers, such as Depreciation And Amortization of 4 M, Interest Expense of 6.6 M or Selling General Administrative of 77.3 M, as well as many indicators such as Price To Sales Ratio of 1.25, Dividend Yield of 0.0 or Days Sales Outstanding of 13.97. Birks financial statements analysis is a perfect complement when working with Birks Valuation or Volatility modules.
  
Check out the analysis of Birks Correlation against competitors.

Latest Birks' Fixed Asset Turnover Growth Pattern

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

Birks Fixed Asset Turnover Regression Statistics

Arithmetic Mean2.70
Geometric Mean2.55
Coefficient Of Variation48.24
Mean Deviation0.62
Median2.39
Standard Deviation1.30
Sample Variance1.69
Range5.4052
R-Value(0.46)
Mean Square Error1.43
R-Squared0.22
Significance0.08
Slope(0.14)
Total Sum of Squares23.70

Birks Fixed Asset Turnover History

2024 1.98
2011 2.39
2010 7.38

About Birks Financial Statements

Investors use fundamental indicators, such as Birks' Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Birks' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Fixed Asset Turnover 2.39  1.98 

Currently Active Assets on Macroaxis

When determining whether Birks Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Birks' 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 Birks Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Birks Group Stock:
Check out the analysis of Birks Correlation against competitors.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Specialty Retail 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 Birks. If investors know Birks 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 Birks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.17)
Revenue Per Share
9.722
Quarterly Revenue Growth
0.175
Return On Assets
0.0038
Return On Equity
(5.89)
The market value of Birks Group is measured differently than its book value, which is the value of Birks that is recorded on the company's balance sheet. Investors also form their own opinion of Birks' value that differs from its market value or its book value, called intrinsic value, which is Birks' 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 Birks' market value can be influenced by many factors that don't directly affect Birks' 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 Birks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Birks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Birks' 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.