L3Harris Fixed Asset Turnover from 2010 to 2024

LHX Stock  USD 246.60  2.24  0.92%   
L3Harris Technologies Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 5.13 in 2024. During the period from 2010 to 2024, L3Harris Technologies Fixed Asset Turnover regression line of annual values had r-squared of  0.39 and arithmetic mean of  6.18. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
6.20696864
Current Value
5.13
Quarterly Volatility
0.37888167
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check L3Harris Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among L3Harris Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 B, Interest Expense of 570.1 M or Total Revenue of 20.4 B, as well as many indicators such as Price To Sales Ratio of 2.53, Dividend Yield of 0.0238 or PTB Ratio of 1.84. L3Harris financial statements analysis is a perfect complement when working with L3Harris Technologies Valuation or Volatility modules.
  
Check out the analysis of L3Harris Technologies Correlation against competitors.
For more information on how to buy L3Harris Stock please use our How to Invest in L3Harris Technologies guide.

Latest L3Harris Technologies' Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of L3Harris Technologies over the last few years. It is L3Harris Technologies' Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in L3Harris Technologies' 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  

L3Harris Fixed Asset Turnover Regression Statistics

Arithmetic Mean6.18
Geometric Mean6.16
Coefficient Of Variation6.13
Mean Deviation0.24
Median6.34
Standard Deviation0.38
Sample Variance0.14
Range1.2138
R-Value(0.62)
Mean Square Error0.09
R-Squared0.39
Significance0.01
Slope(0.05)
Total Sum of Squares2.01

L3Harris Fixed Asset Turnover History

2024 5.13
2022 5.39
2021 6.21
2019 6.27

About L3Harris Technologies Financial Statements

L3Harris Technologies investors use historical fundamental indicators, such as L3Harris Technologies' Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in L3Harris Technologies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 6.21  5.13 

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Additional Tools for L3Harris Stock Analysis

When running L3Harris Technologies' price analysis, check to measure L3Harris Technologies' 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 L3Harris Technologies is operating at the current time. Most of L3Harris Technologies' value examination focuses on studying past and present price action to predict the probability of L3Harris Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move L3Harris Technologies' price. Additionally, you may evaluate how the addition of L3Harris Technologies to your portfolios can decrease your overall portfolio volatility.