Contextlogic Fixed Asset Turnover from 2010 to 2024

LOGC Stock  USD 7.11  0.01  0.14%   
Contextlogic's Fixed Asset Turnover is increasing over the years with stable fluctuation. Overall, Fixed Asset Turnover is expected to go to 44.15 this year. During the period from 2010 to 2024 Contextlogic Fixed Asset Turnover annual values regression line had geometric mean of  38.15 and mean square error of  43.03. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
31.88888889
Current Value
44.15
Quarterly Volatility
6.43442685
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Contextlogic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Contextlogic's main balance sheet or income statement drivers, such as Tax Provision of 2.8 M, Net Interest Income of 14.3 M or Depreciation And Amortization of 6.4 M, as well as many indicators such as Price To Sales Ratio of 0.47, Dividend Yield of 0.0 or PTB Ratio of 0.62. Contextlogic financial statements analysis is a perfect complement when working with Contextlogic Valuation or Volatility modules.
  
Check out the analysis of Contextlogic Correlation against competitors.
For information on how to trade Contextlogic Stock refer to our How to Trade Contextlogic Stock guide.

Latest Contextlogic's Fixed Asset Turnover Growth Pattern

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

Contextlogic Fixed Asset Turnover Regression Statistics

Arithmetic Mean38.56
Geometric Mean38.15
Coefficient Of Variation16.69
Mean Deviation3.55
Median37.37
Standard Deviation6.43
Sample Variance41.40
Range27.8492
R-Value0.19
Mean Square Error43.03
R-Squared0.03
Significance0.51
Slope0.27
Total Sum of Squares579.63

Contextlogic Fixed Asset Turnover History

2024 44.15
2023 31.89
2022 31.72
2021 59.57

About Contextlogic Financial Statements

Contextlogic stakeholders use historical fundamental indicators, such as Contextlogic's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Contextlogic investors may analyze each financial statement separately, they are all interrelated. For example, changes in Contextlogic's assets and liabilities are reflected in the revenues and expenses on Contextlogic'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 Contextlogic. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 31.89  44.15 

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When determining whether Contextlogic offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Contextlogic's 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 Contextlogic Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Contextlogic Stock:
Check out the analysis of Contextlogic Correlation against competitors.
For information on how to trade Contextlogic Stock refer to our How to Trade Contextlogic Stock guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Broadline Retail 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 Contextlogic. If investors know Contextlogic 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 Contextlogic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.67)
Revenue Per Share
3.818
Quarterly Revenue Growth
(0.91)
Return On Assets
(0.26)
Return On Equity
(0.66)
The market value of Contextlogic is measured differently than its book value, which is the value of Contextlogic that is recorded on the company's balance sheet. Investors also form their own opinion of Contextlogic's value that differs from its market value or its book value, called intrinsic value, which is Contextlogic'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 Contextlogic's market value can be influenced by many factors that don't directly affect Contextlogic'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 Contextlogic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Contextlogic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Contextlogic'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.