Empire Fixed Asset Turnover from 2010 to 2024

EP Stock  USD 5.75  0.14  2.38%   
Empire Petroleum Fixed Asset Turnover yearly trend continues to be relatively stable with very little volatility. Fixed Asset Turnover is likely to grow to 0.58 this year. During the period from 2010 to 2024, Empire Petroleum Fixed Asset Turnover destribution of quarterly values had range of 1.0979 from its regression line and mean deviation of  0.27. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.55447633
Current Value
0.58
Quarterly Volatility
0.32289141
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Empire Petroleum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Empire Petroleum's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.7 M, Total Revenue of 42.1 M or Gross Profit of 2.7 M, as well as many indicators such as Price To Sales Ratio of 5.9, Dividend Yield of 0.0 or PTB Ratio of 7.48. Empire financial statements analysis is a perfect complement when working with Empire Petroleum Valuation or Volatility modules.
  
Check out the analysis of Empire Petroleum Correlation against competitors.

Latest Empire Petroleum's Fixed Asset Turnover Growth Pattern

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

Empire Fixed Asset Turnover Regression Statistics

Arithmetic Mean0.43
Geometric Mean0.33
Coefficient Of Variation75.67
Mean Deviation0.27
Median0.22
Standard Deviation0.32
Sample Variance0.10
Range1.0979
R-Value0.77
Mean Square Error0.05
R-Squared0.59
Significance0.0008
Slope0.06
Total Sum of Squares1.46

Empire Fixed Asset Turnover History

2024 0.58
2023 0.55
2022 1.18
2021 0.93
2020 0.73
2019 0.63

About Empire Petroleum Financial Statements

Empire Petroleum shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Empire Petroleum investors may analyze each financial statement separately, they are all interrelated. The changes in Empire Petroleum's assets and liabilities, for example, are also reflected in the revenues and expenses on on Empire Petroleum'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 0.55  0.58 

Additional Tools for Empire Stock Analysis

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