ECD Asset Turnover from 2010 to 2024

ECDAW Stock   0.02  0.00  0.00%   
ECD Automotive Asset Turnover yearly trend continues to be fairly stable with very little volatility. Asset Turnover will likely drop to 0.57 in 2024. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently ECD Automotive Design uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.59794497
Current Value
0.57
Quarterly Volatility
0.35264764
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ECD Automotive financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ECD Automotive's main balance sheet or income statement drivers, such as Depreciation And Amortization of 285.4 K, Selling General Administrative of 4.4 M or Selling And Marketing Expenses of 377.4 K, as well as many indicators such as Price To Sales Ratio of 1.61, Dividend Yield of 0.1 or Days Sales Outstanding of 5.58. ECD financial statements analysis is a perfect complement when working with ECD Automotive Valuation or Volatility modules.
  
Check out the analysis of ECD Automotive Correlation against competitors.

Latest ECD Automotive's Asset Turnover Growth Pattern

Below is the plot of the Asset Turnover of ECD Automotive Design 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. ECD Automotive's Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ECD Automotive'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  

ECD Asset Turnover Regression Statistics

Arithmetic Mean1.42
Geometric Mean1.36
Coefficient Of Variation24.84
Mean Deviation0.25
Median1.58
Standard Deviation0.35
Sample Variance0.12
Range1.0072
R-Value(0.67)
Mean Square Error0.07
R-Squared0.45
Significance0.01
Slope(0.05)
Total Sum of Squares1.74

ECD Asset Turnover History

2024 0.57
2023 0.6
2022 1.2

Other Fundumenentals of ECD Automotive Design

ECD Automotive Asset Turnover component correlations

About ECD Automotive Financial Statements

ECD Automotive investors use historical fundamental indicators, such as ECD Automotive's 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 ECD Automotive. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 3.20  3.04 
Asset Turnover 0.60  0.57 

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Additional Tools for ECD Stock Analysis

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