Globavend Fixed Asset Turnover from 2010 to 2024

GVH Stock   0.72  0.03  4.35%   
Globavend Holdings' Fixed Asset Turnover is increasing with slightly volatile movements from year to year. Fixed Asset Turnover is estimated to finish at 217.25 this year. For the period between 2010 and 2024, Globavend Holdings, Fixed Asset Turnover quarterly trend regression had mean deviation of  20.20 and range of 146. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
160.52
Current Value
217.25
Quarterly Volatility
34.1307891
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Globavend Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Globavend Holdings' main balance sheet or income statement drivers, such as Tax Provision of 145.3 K, Net Interest Income of 2.9 K or Interest Income of 4.2 K, as well as many indicators such as Price To Sales Ratio of 2.33, Dividend Yield of 0.0266 or PTB Ratio of 36.07. Globavend financial statements analysis is a perfect complement when working with Globavend Holdings Valuation or Volatility modules.
  
Check out the analysis of Globavend Holdings Correlation against competitors.

Latest Globavend Holdings' Fixed Asset Turnover Growth Pattern

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

Globavend Fixed Asset Turnover Regression Statistics

Arithmetic Mean175.91
Geometric Mean173.48
Coefficient Of Variation19.40
Mean Deviation20.20
Median166.83
Standard Deviation34.13
Sample Variance1,165
Range146
R-Value0.31
Mean Square Error1,136
R-Squared0.09
Significance0.27
Slope2.34
Total Sum of Squares16,309

Globavend Fixed Asset Turnover History

2024 217.25
2023 160.52
2022 139.59
2021 286.08

About Globavend Holdings Financial Statements

Investors use fundamental indicators, such as Globavend Holdings' Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Globavend Holdings' 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 160.52  217.25 

Currently Active Assets on Macroaxis

When determining whether Globavend Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Globavend Holdings' 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 Globavend Holdings Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Globavend Holdings Limited Stock:
Check out the analysis of Globavend Holdings Correlation against competitors.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Air Freight & Logistics 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 Globavend Holdings. If investors know Globavend 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 Globavend Holdings 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
0.831
Earnings Share
0.1
Revenue Per Share
1.282
Quarterly Revenue Growth
(0.11)
Return On Assets
0.244
The market value of Globavend Holdings is measured differently than its book value, which is the value of Globavend that is recorded on the company's balance sheet. Investors also form their own opinion of Globavend Holdings' value that differs from its market value or its book value, called intrinsic value, which is Globavend Holdings' 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 Globavend Holdings' market value can be influenced by many factors that don't directly affect Globavend Holdings' 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 Globavend Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Globavend Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globavend Holdings' 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.