Nerdwallet Fixed Asset Turnover from 2010 to 2024

NRDS Stock  USD 13.75  0.22  1.57%   
Nerdwallet Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to 6.29 in 2024. From the period from 2010 to 2024, Nerdwallet Fixed Asset Turnover quarterly data regression had r-value of  0.45 and coefficient of variation of  15.19. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
10.02341137
Current Value
6.29
Quarterly Volatility
1.07162861
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nerdwallet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nerdwallet's main balance sheet or income statement drivers, such as Tax Provision of 19 M, Net Interest Income of 2.9 M or Interest Income of 3.8 M, as well as many indicators such as Price To Sales Ratio of 1.79, Dividend Yield of 0.0 or PTB Ratio of 2.92. Nerdwallet financial statements analysis is a perfect complement when working with Nerdwallet Valuation or Volatility modules.
  
Check out the analysis of Nerdwallet Correlation against competitors.
For more information on how to buy Nerdwallet Stock please use our How to Invest in Nerdwallet guide.

Latest Nerdwallet's Fixed Asset Turnover Growth Pattern

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

Nerdwallet Fixed Asset Turnover Regression Statistics

Arithmetic Mean7.06
Geometric Mean6.99
Coefficient Of Variation15.19
Mean Deviation0.74
Median6.70
Standard Deviation1.07
Sample Variance1.15
Range4.1409
R-Value0.45
Mean Square Error0.99
R-Squared0.20
Significance0.09
Slope0.11
Total Sum of Squares16.08

Nerdwallet Fixed Asset Turnover History

2024 6.29
2023 10.02
2022 8.92
2021 7.78
2020 5.88

About Nerdwallet Financial Statements

Nerdwallet shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Nerdwallet investors may analyze each financial statement separately, they are all interrelated. The changes in Nerdwallet's assets and liabilities, for example, are also reflected in the revenues and expenses on on Nerdwallet'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 10.02  6.29 

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Additional Tools for Nerdwallet Stock Analysis

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