CAVA Asset Turnover from 2010 to 2024

CAVA Stock   140.90  0.30  0.21%   
CAVA Group,'s Asset Turnover is decreasing over the years with slightly volatile fluctuation. Overall, Asset Turnover is expected to go to 1.09 this year. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently CAVA Group, uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.74073171
Current Value
1.09
Quarterly Volatility
0.21000023
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CAVA Group, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CAVA Group,'s main balance sheet or income statement drivers, such as Depreciation And Amortization of 32.2 M, Total Revenue of 693.7 M or Gross Profit of 100.7 M, as well as many indicators such as Price To Sales Ratio of 3.39, Dividend Yield of 0.0 or PTB Ratio of 4.33. CAVA financial statements analysis is a perfect complement when working with CAVA Group, Valuation or Volatility modules.
  
Check out the analysis of CAVA Group, Correlation against competitors.
For information on how to trade CAVA Stock refer to our How to Trade CAVA Stock guide.

Latest CAVA Group,'s Asset Turnover Growth Pattern

Below is the plot of the Asset Turnover of CAVA Group, over the last few years. It is the ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales. CAVA Group,'s Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CAVA Group,'s overall financial position and show how it may be relating to other accounts over time.
Asset Turnover10 Years Trend
Slightly volatile
   Asset Turnover   
       Timeline  

CAVA Asset Turnover Regression Statistics

Arithmetic Mean1.28
Geometric Mean1.26
Coefficient Of Variation16.38
Mean Deviation0.15
Median1.38
Standard Deviation0.21
Sample Variance0.04
Range0.6375
R-Value(0.64)
Mean Square Error0.03
R-Squared0.41
Significance0.01
Slope(0.03)
Total Sum of Squares0.62

CAVA Asset Turnover History

2024 1.09
2023 0.74
2022 0.86

Other Fundumenentals of CAVA Group,

CAVA Group, Asset Turnover component correlations

About CAVA Group, Financial Statements

CAVA Group, stakeholders use historical fundamental indicators, such as CAVA Group,'s Asset Turnover, to determine how well the company is positioned to perform in the future. Although CAVA Group, investors may analyze each financial statement separately, they are all interrelated. For example, changes in CAVA Group,'s assets and liabilities are reflected in the revenues and expenses on CAVA Group,'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 CAVA Group,. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 1.17  1.77 
Asset Turnover 0.74  1.09 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether CAVA Group, offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CAVA Group,'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 Cava Group, Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cava Group, Stock:
Check out the analysis of CAVA Group, Correlation against competitors.
For information on how to trade CAVA Stock refer to our How to Trade CAVA Stock guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Hotels, Restaurants & Leisure 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 CAVA Group,. If investors know CAVA 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 CAVA Group, 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
1.5
Earnings Share
0.41
Revenue Per Share
8.034
Quarterly Revenue Growth
0.389
Return On Assets
0.0263
The market value of CAVA Group, is measured differently than its book value, which is the value of CAVA that is recorded on the company's balance sheet. Investors also form their own opinion of CAVA Group,'s value that differs from its market value or its book value, called intrinsic value, which is CAVA Group,'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 CAVA Group,'s market value can be influenced by many factors that don't directly affect CAVA Group,'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 CAVA Group,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if CAVA Group, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CAVA Group,'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.