Fly Asset Turnover from 2010 to 2024
| FLYE Stock | USD 0.45 0.03 6.25% |
Asset Turnover | First Reported 2010-12-31 | Previous Quarter 0.91499959 | Current Value 1.21 | Quarterly Volatility 0.0680144 |
Check Fly E financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fly E's main balance sheet or income statement drivers, such as Tax Provision of 797.9 K, Depreciation And Amortization of 2.1 M or Interest Expense of 92.6 K, as well as many indicators such as Price To Sales Ratio of 5.74, Dividend Yield of 0.0 or PTB Ratio of 16.24. Fly financial statements analysis is a perfect complement when working with Fly E Valuation or Volatility modules.
Fly |
Latest Fly E's Asset Turnover Growth Pattern
Below is the plot of the Asset Turnover of Fly E Group, Common 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. Fly E's Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fly E's overall financial position and show how it may be relating to other accounts over time.
| Asset Turnover | 10 Years Trend |
|
Asset Turnover |
| Timeline |
Fly Asset Turnover Regression Statistics
| Arithmetic Mean | 1.15 | |
| Geometric Mean | 1.14 | |
| Coefficient Of Variation | 5.94 | |
| Mean Deviation | 0.03 | |
| Median | 1.15 | |
| Standard Deviation | 0.07 | |
| Sample Variance | 0 | |
| Range | 0.3142 | |
| R-Value | (0.15) | |
| Mean Square Error | 0 | |
| R-Squared | 0.02 | |
| Significance | 0.60 | |
| Slope | (0) | |
| Total Sum of Squares | 0.06 |
Fly Asset Turnover History
Other Fundumenentals of Fly E Group,
Fly E Asset Turnover component correlations
Click cells to compare fundamentals
About Fly E Financial Statements
Fly E stakeholders use historical fundamental indicators, such as Fly E's Asset Turnover, to determine how well the company is positioned to perform in the future. Although Fly E investors may analyze each financial statement separately, they are all interrelated. For example, changes in Fly E's assets and liabilities are reflected in the revenues and expenses on Fly E's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Fly E Group, Common. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Fixed Asset Turnover | 1.81 | 2.13 | |
| Asset Turnover | 0.91 | 1.21 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Fly E Group, is a strong investment it is important to analyze Fly E's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fly E's future performance. For an informed investment choice regarding Fly Stock, refer to the following important reports:Check out the analysis of Fly E Correlation against competitors. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Automobile Manufacturers 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 Fly E. If investors know Fly 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 Fly E 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 18.624 | Earnings Share (0.02) | Revenue Per Share 1.455 | Quarterly Revenue Growth 0.004 | Return On Assets 0.0551 |
The market value of Fly E Group, is measured differently than its book value, which is the value of Fly that is recorded on the company's balance sheet. Investors also form their own opinion of Fly E's value that differs from its market value or its book value, called intrinsic value, which is Fly E's 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 Fly E's market value can be influenced by many factors that don't directly affect Fly E's 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 Fly E's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fly E is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fly E's 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.