Joint Fixed Asset Turnover from 2010 to 2024

JYNT Stock  USD 11.95  0.20  1.70%   
Joint Corp Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover is likely to outpace its year average in 2024. From the period from 2010 to 2024, Joint Corp Fixed Asset Turnover quarterly data regression had r-value of (0.69) and coefficient of variation of  63.29. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
5.01742152
Current Value
6.47
Quarterly Volatility
4.27448193
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Joint Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Joint Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 9 M, Interest Expense of 132.4 K or Selling General Administrative of 85.5 M, as well as many indicators such as Price To Sales Ratio of 1.14, Dividend Yield of 0.0 or PTB Ratio of 4.63. Joint financial statements analysis is a perfect complement when working with Joint Corp Valuation or Volatility modules.
  
Check out the analysis of Joint Corp Correlation against competitors.

Latest Joint Corp's Fixed Asset Turnover Growth Pattern

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

Joint Fixed Asset Turnover Regression Statistics

Arithmetic Mean6.75
Geometric Mean5.51
Coefficient Of Variation63.29
Mean Deviation3.49
Median6.27
Standard Deviation4.27
Sample Variance18.27
Range12.9472
R-Value(0.69)
Mean Square Error10.43
R-Squared0.47
Significance0
Slope(0.66)
Total Sum of Squares255.80

Joint Fixed Asset Turnover History

2024 6.47
2023 5.02
2022 2.68
2021 2.57
2020 2.89
2019 2.54
2018 8.69

About Joint Corp Financial Statements

Joint Corp shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Joint Corp investors may analyze each financial statement separately, they are all interrelated. The changes in Joint Corp's assets and liabilities, for example, are also reflected in the revenues and expenses on on Joint Corp'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
Fixed Asset Turnover 5.02  6.47 

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Additional Tools for Joint Stock Analysis

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