Bristol Fixed Asset Turnover from 2010 to 2024

BMY Stock  USD 58.23  0.35  0.60%   
Bristol Myers Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 3.25 in 2024. During the period from 2010 to 2024, Bristol Myers Fixed Asset Turnover regression line of annual values had r-squared of  0.27 and arithmetic mean of  4.50. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
5.60054754
Current Value
3.25
Quarterly Volatility
1.13684367
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Bristol Myers financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bristol Myers' main balance sheet or income statement drivers, such as Depreciation And Amortization of 10.3 B, Interest Expense of 1.2 B or Selling General Administrative of 3.6 B, as well as many indicators such as Price To Sales Ratio of 2.98, Dividend Yield of 0.0374 or PTB Ratio of 6.92. Bristol financial statements analysis is a perfect complement when working with Bristol Myers Valuation or Volatility modules.
  
Check out the analysis of Bristol Myers Correlation against competitors.

Latest Bristol Myers' Fixed Asset Turnover Growth Pattern

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

Bristol Fixed Asset Turnover Regression Statistics

Arithmetic Mean4.50
Geometric Mean4.38
Coefficient Of Variation25.24
Mean Deviation0.92
Median4.15
Standard Deviation1.14
Sample Variance1.29
Range3.4069
R-Value0.52
Mean Square Error1.02
R-Squared0.27
Significance0.05
Slope0.13
Total Sum of Squares18.09

Bristol Fixed Asset Turnover History

2024 3.25
2023 5.6
2022 6.18
2021 6.66
2020 6.3
2019 4.18
2018 4.49

About Bristol Myers Financial Statements

Bristol Myers investors use historical fundamental indicators, such as Bristol Myers' 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 Bristol Myers. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 5.60  3.25 

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Additional Tools for Bristol Stock Analysis

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