CTS Fixed Asset Turnover from 2010 to 2024

CTS Stock  USD 53.18  0.43  0.82%   
CTS Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to 4.01 in 2024. From the period from 2010 to 2024, CTS Fixed Asset Turnover quarterly data regression had r-value of (0.55) and coefficient of variation of  19.59. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
4.62473428
Current Value
4.01
Quarterly Volatility
0.94930456
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CTS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CTS's main balance sheet or income statement drivers, such as Depreciation And Amortization of 24.5 M, Interest Expense of 3.5 M or Selling General Administrative of 67.3 M, as well as many indicators such as Price To Sales Ratio of 2.62, Dividend Yield of 0.0035 or PTB Ratio of 1.63. CTS financial statements analysis is a perfect complement when working with CTS Valuation or Volatility modules.
  
Check out the analysis of CTS Correlation against competitors.

Latest CTS's Fixed Asset Turnover Growth Pattern

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

CTS Fixed Asset Turnover Regression Statistics

Arithmetic Mean4.85
Geometric Mean4.76
Coefficient Of Variation19.59
Mean Deviation0.72
Median4.79
Standard Deviation0.95
Sample Variance0.90
Range3.4222
R-Value(0.55)
Mean Square Error0.67
R-Squared0.31
Significance0.03
Slope(0.12)
Total Sum of Squares12.62

CTS Fixed Asset Turnover History

2024 4.01
2023 4.62
2022 4.89
2021 4.33
2020 3.51
2019 3.62
2018 4.73

About CTS Financial Statements

CTS shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although CTS investors may analyze each financial statement separately, they are all interrelated. The changes in CTS's assets and liabilities, for example, are also reflected in the revenues and expenses on on CTS'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 4.62  4.01 

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 CTS Stock Analysis

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