Hartford Fixed Asset Turnover from 2010 to 2024

HIG Stock  USD 122.62  1.10  0.91%   
Hartford Financial's Fixed Asset Turnover is decreasing over the last several years with stable swings. Fixed Asset Turnover is estimated to finish at 29.51 this year. During the period from 2010 to 2024 Hartford Financial Services Fixed Asset Turnover regressed destribution of quarterly values had coefficient of variationof  24.02 and r-value of (0.19). View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
27.37388393
Current Value
29.51
Quarterly Volatility
5.55860761
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hartford Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hartford Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 388.8 M, Interest Expense of 248.8 M or Total Revenue of 21.5 B, as well as many indicators such as Price To Sales Ratio of 0.66, Dividend Yield of 0.0186 or PTB Ratio of 1.42. Hartford financial statements analysis is a perfect complement when working with Hartford Financial Valuation or Volatility modules.
  
Check out the analysis of Hartford Financial Correlation against competitors.

Latest Hartford Financial's Fixed Asset Turnover Growth Pattern

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

Hartford Fixed Asset Turnover Regression Statistics

Arithmetic Mean23.14
Geometric Mean22.56
Coefficient Of Variation24.02
Mean Deviation4.59
Median21.80
Standard Deviation5.56
Sample Variance30.90
Range18.8765
R-Value(0.19)
Mean Square Error32.10
R-Squared0.04
Significance0.50
Slope(0.23)
Total Sum of Squares432.57

Hartford Fixed Asset Turnover History

2024 29.51
2023 27.37
2022 24.12
2021 21.8
2020 18.29
2019 17.56
2018 18.84

About Hartford Financial Financial Statements

Hartford Financial stakeholders use historical fundamental indicators, such as Hartford Financial's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Hartford Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in Hartford Financial's assets and liabilities are reflected in the revenues and expenses on Hartford Financial'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 Hartford Financial Services. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 27.37  29.51 

Currently Active Assets on Macroaxis

When determining whether Hartford Financial is a strong investment it is important to analyze Hartford Financial'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 Hartford Financial's future performance. For an informed investment choice regarding Hartford Stock, refer to the following important reports:
Check out the analysis of Hartford Financial Correlation against competitors.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Multi-line Insurance 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 Hartford Financial. If investors know Hartford 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 Hartford Financial 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
0.225
Dividend Share
1.88
Earnings Share
9.96
Revenue Per Share
87.921
Quarterly Revenue Growth
0.095
The market value of Hartford Financial is measured differently than its book value, which is the value of Hartford that is recorded on the company's balance sheet. Investors also form their own opinion of Hartford Financial's value that differs from its market value or its book value, called intrinsic value, which is Hartford Financial'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 Hartford Financial's market value can be influenced by many factors that don't directly affect Hartford Financial'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 Hartford Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hartford Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hartford Financial'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.