NL Industries Fixed Asset Turnover from 2010 to 2024

NL Stock  USD 8.38  0.08  0.95%   
NL Industries Fixed Asset Turnover yearly trend continues to be quite stable with very little volatility. Fixed Asset Turnover may rise above 6.55 this year. From the period between 2010 and 2024, NL Industries, Fixed Asset Turnover regression line of its data series had standard deviation of  1.45 and standard deviation of  1.45. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
6.23620616
Current Value
6.55
Quarterly Volatility
1.44566653
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NL Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NL Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.8 M, Interest Expense of 480.9 K or Total Revenue of 153.2 M, as well as many indicators such as Price To Sales Ratio of 1.56, Dividend Yield of 0.0861 or PTB Ratio of 1.09. NL Industries financial statements analysis is a perfect complement when working with NL Industries Valuation or Volatility modules.
  
Check out the analysis of NL Industries Correlation against competitors.
For more information on how to buy NL Industries Stock please use our How to buy in NL Industries Stock guide.

Latest NL Industries' Fixed Asset Turnover Growth Pattern

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

NL Industries Fixed Asset Turnover Regression Statistics

Arithmetic Mean3.83
Geometric Mean3.58
Coefficient Of Variation37.77
Mean Deviation1.12
Median3.44
Standard Deviation1.45
Sample Variance2.09
Range4.9669
R-Value0.95
Mean Square Error0.21
R-Squared0.91
Slope0.31
Total Sum of Squares29.26

NL Industries Fixed Asset Turnover History

2024 6.55
2023 6.24
2022 5.81
2021 4.82
2020 3.96
2019 4.0
2018 3.69

About NL Industries Financial Statements

NL Industries investors utilize fundamental indicators, such as Fixed Asset Turnover, to predict how NL Industries Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 6.24  6.55 

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Check out the analysis of NL Industries Correlation against competitors.
For more information on how to buy NL Industries Stock please use our How to buy in NL Industries Stock guide.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Commercial Services & Supplies 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 NL Industries. If investors know NL Industries 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 NL Industries 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
1.382
Dividend Share
0.31
Earnings Share
1.22
Revenue Per Share
3.085
Quarterly Revenue Growth
(0.17)
The market value of NL Industries is measured differently than its book value, which is the value of NL Industries that is recorded on the company's balance sheet. Investors also form their own opinion of NL Industries' value that differs from its market value or its book value, called intrinsic value, which is NL Industries' 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 NL Industries' market value can be influenced by many factors that don't directly affect NL Industries' 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 NL Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if NL Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NL Industries' 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.