FGI Fixed Asset Turnover from 2010 to 2024

FGI Stock  USD 0.81  0  0.49%   
FGI Industries' Fixed Asset Turnover is decreasing with stable movements from year to year. Fixed Asset Turnover is predicted to flatten to 6.51. For the period between 2010 and 2024, FGI Industries, Fixed Asset Turnover quarterly trend regression had mean deviation of  1.68 and range of 14.9566. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
6.85059863
Current Value
6.51
Quarterly Volatility
3.32659613
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check FGI Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among FGI Industries' main balance sheet or income statement drivers, such as Tax Provision of 755.8 K, Interest Income of 15 K or Depreciation And Amortization of 2.1 M, as well as many indicators such as Price To Sales Ratio of 0.23, Dividend Yield of 0.11 or PTB Ratio of 0.61. FGI financial statements analysis is a perfect complement when working with FGI Industries Valuation or Volatility modules.
  
Check out the analysis of FGI Industries Correlation against competitors.
For more detail on how to invest in FGI Stock please use our How to Invest in FGI Industries guide.

Latest FGI Industries' Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of FGI Industries over the last few years. It is FGI Industries' Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in FGI Industries' overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Pretty Stable
   Fixed Asset Turnover   
       Timeline  

FGI Fixed Asset Turnover Regression Statistics

Arithmetic Mean12.99
Geometric Mean12.55
Coefficient Of Variation25.60
Mean Deviation1.68
Median13.18
Standard Deviation3.33
Sample Variance11.07
Range14.9566
R-Value(0.21)
Mean Square Error11.41
R-Squared0.04
Significance0.46
Slope(0.15)
Total Sum of Squares154.93

FGI Fixed Asset Turnover History

2024 6.51
2023 6.85
2022 14.59
2021 21.47
2020 13.68

About FGI Industries Financial Statements

Investors use fundamental indicators, such as FGI Industries' Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although FGI Industries' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Fixed Asset Turnover 6.85  6.51 

Currently Active Assets on Macroaxis

When determining whether FGI Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FGI Industries' 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 Fgi Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fgi Industries Stock:
Check out the analysis of FGI Industries Correlation against competitors.
For more detail on how to invest in FGI Stock please use our How to Invest in FGI Industries guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Apparel, Accessories & Luxury Goods 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 FGI Industries. If investors know FGI 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 FGI Industries 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
0.836
Earnings Share
(0.03)
Revenue Per Share
12.66
Quarterly Revenue Growth
0.006
Return On Assets
0.0089
The market value of FGI Industries is measured differently than its book value, which is the value of FGI that is recorded on the company's balance sheet. Investors also form their own opinion of FGI Industries' value that differs from its market value or its book value, called intrinsic value, which is FGI Industries' 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 FGI Industries' market value can be influenced by many factors that don't directly affect FGI Industries' 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 FGI Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if FGI Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FGI Industries' 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.