Angel Asset Turnover from 2010 to 2024

FINS Stock  USD 12.63  0.07  0.56%   
Angel Oak Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Asset Turnover is likely to outpace its year average in 2024. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently Angel Oak Financial uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.01751647
Current Value
0.0184
Quarterly Volatility
0.03246557
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Angel Oak financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Angel Oak's main balance sheet or income statement drivers, such as Net Interest Income of 18 M, Interest Income of 21.9 M or Interest Expense of 3.9 M, as well as many indicators such as Price To Sales Ratio of 37.71, Dividend Yield of 0.0606 or PTB Ratio of 0.97. Angel financial statements analysis is a perfect complement when working with Angel Oak Valuation or Volatility modules.
  
Check out the analysis of Angel Oak Correlation against competitors.

Latest Angel Oak's Asset Turnover Growth Pattern

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

Angel Asset Turnover Regression Statistics

Arithmetic Mean0.03
Geometric Mean0.04
Coefficient Of Variation102.35
Mean Deviation0.02
Median0.05
Standard Deviation0.03
Sample Variance0
Range0.1181
R-Value(0.59)
Mean Square Error0.0007
R-Squared0.34
Significance0.02
Slope(0)
Total Sum of Squares0.01

Angel Asset Turnover History

2024 0.0184
2023 0.0175
2022 -0.0701
2021 0.0353
2020 -0.00512

Other Fundumenentals of Angel Oak Financial

Angel Oak Asset Turnover component correlations

1.00.95-0.31.0-0.860.890.811.00.991.00.80.990.220.990.77
1.00.95-0.260.99-0.850.880.80.990.991.00.790.980.180.980.78
0.950.95-0.190.94-0.850.850.730.940.960.950.720.970.150.970.73
-0.3-0.26-0.19-0.360.19-0.28-0.51-0.36-0.18-0.29-0.52-0.27-0.98-0.270.01
1.00.990.94-0.36-0.860.890.821.00.981.00.810.990.280.990.73
-0.86-0.85-0.850.19-0.86-0.93-0.49-0.86-0.85-0.86-0.48-0.92-0.09-0.92-0.37
0.890.880.85-0.280.89-0.930.480.890.890.890.470.940.220.940.51
0.810.80.73-0.510.82-0.490.480.820.740.81.00.720.440.720.73
1.00.990.94-0.361.0-0.860.890.820.981.00.810.980.280.980.73
0.990.990.96-0.180.98-0.850.890.740.980.990.730.980.110.980.8
1.01.00.95-0.291.0-0.860.890.81.00.990.790.990.210.990.76
0.80.790.72-0.520.81-0.480.471.00.810.730.790.710.450.710.71
0.990.980.97-0.270.99-0.920.940.720.980.980.990.710.191.00.69
0.220.180.15-0.980.28-0.090.220.440.280.110.210.450.190.19-0.03
0.990.980.97-0.270.99-0.920.940.720.980.980.990.711.00.190.69
0.770.780.730.010.73-0.370.510.730.730.80.760.710.69-0.030.69
Click cells to compare fundamentals

About Angel Oak Financial Statements

Angel Oak shareholders use historical fundamental indicators, such as Asset Turnover, to determine how well the company is positioned to perform in the future. Although Angel Oak investors may analyze each financial statement separately, they are all interrelated. The changes in Angel Oak's assets and liabilities, for example, are also reflected in the revenues and expenses on on Angel Oak'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
Asset Turnover 0.02  0.02 

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Additional Tools for Angel Stock Analysis

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