Magnum Fixed Asset Turnover from 2010 to 2026

MICC Stock   12.94  0.20  1.52%   
Magnum Ice Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to 2.70 in 2026. From the period from 2010 to 2026, Magnum Ice Fixed Asset Turnover quarterly data regression had r-value of (0.49) and coefficient of variation of  5.19. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
3.04
Current Value
2.7
Quarterly Volatility
0.17086726
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Magnum Ice financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Magnum Ice's main balance sheet or income statement drivers, such as Tax Provision of 131.5 M, Interest Income of 1.5 M or Depreciation And Amortization of 405.2 M, as well as many indicators such as Price To Sales Ratio of 1.13, Dividend Yield of 0.0011 or PTB Ratio of 3.7. Magnum financial statements analysis is a perfect complement when working with Magnum Ice Valuation or Volatility modules.
  
This module can also supplement various Magnum Ice Technical models . Check out the analysis of Magnum Ice Correlation against competitors.
The evolution of Fixed Asset Turnover for The Magnum Ice provides essential context for understanding the company's financial health trajectory. By analyzing this metric's behavior over time, investors can assess whether recent trends align with long-term patterns, and how Magnum Ice compares to historical norms and industry peers.

Latest Magnum Ice's Fixed Asset Turnover Growth Pattern

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

Magnum Fixed Asset Turnover Regression Statistics

Arithmetic Mean3.29
Geometric Mean3.29
Coefficient Of Variation5.19
Mean Deviation0.1
Median3.34
Standard Deviation0.17
Sample Variance0.03
Range0.71
R-Value(0.49)
Mean Square Error0.02
R-Squared0.24
Significance0.05
Slope(0.02)
Total Sum of Squares0.47

Magnum Fixed Asset Turnover History

2026 2.7
2025 3.04
2024 3.37
2023 3.41

About Magnum Ice Financial Statements

Magnum Ice shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Magnum Ice investors may analyze each financial statement separately, they are all interrelated. The changes in Magnum Ice's assets and liabilities, for example, are also reflected in the revenues and expenses on on Magnum Ice'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 3.04  2.70 

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Additional Tools for Magnum Stock Analysis

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