Cirrus Fixed Asset Turnover from 2010 to 2024

CRUS Stock  USD 108.82  4.00  3.82%   
Cirrus Logic Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover is likely to outpace its year average in 2024. From the period from 2010 to 2024, Cirrus Logic Fixed Asset Turnover quarterly data regression had r-value of (0.77) and coefficient of variation of  17.52. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
5.79936654
Current Value
8.01545351
Quarterly Volatility
1.36351401
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cirrus Logic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cirrus Logic's main balance sheet or income statement drivers, such as Depreciation And Amortization of 36.9 M, Interest Expense of 869.2 K or Selling General Administrative of 100.3 M, as well as many indicators such as Price To Sales Ratio of 1.68, Dividend Yield of 0.0097 or PTB Ratio of 2.22. Cirrus financial statements analysis is a perfect complement when working with Cirrus Logic Valuation or Volatility modules.
  
Check out the analysis of Cirrus Logic Correlation against competitors.
For more information on how to buy Cirrus Stock please use our How to Invest in Cirrus Logic guide.

Latest Cirrus Logic's Fixed Asset Turnover Growth Pattern

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

Cirrus Fixed Asset Turnover Regression Statistics

Arithmetic Mean7.78
Geometric Mean7.67
Coefficient Of Variation17.52
Mean Deviation1.27
Median8.02
Standard Deviation1.36
Sample Variance1.86
Range3.3534
R-Value(0.77)
Mean Square Error0.82
R-Squared0.59
Significance0.0008
Slope(0.23)
Total Sum of Squares26.03

Cirrus Fixed Asset Turnover History

2024 8.02
2023 5.8
2017 6.52
2011 9.15
2010 8.87

About Cirrus Logic Financial Statements

Cirrus Logic shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Cirrus Logic investors may analyze each financial statement separately, they are all interrelated. The changes in Cirrus Logic's assets and liabilities, for example, are also reflected in the revenues and expenses on on Cirrus Logic's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 5.80  8.02 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Cirrus Stock Analysis

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