Quanex Fixed Asset Turnover from 2010 to 2024

NX Stock  USD 28.81  2.06  6.67%   
Quanex Building Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 3.23 in 2024. During the period from 2010 to 2024, Quanex Building Fixed Asset Turnover regression line of annual values had r-squared of  0.11 and arithmetic mean of  4.36. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
3.42
Current Value
3.23
Quarterly Volatility
0.89707875
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Quanex Building financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Quanex Building's main balance sheet or income statement drivers, such as Depreciation And Amortization of 56.5 M, Interest Expense of 7 M or Total Revenue of 805.7 M, as well as many indicators such as Price To Sales Ratio of 0.38, Dividend Yield of 0.0132 or PTB Ratio of 0.81. Quanex financial statements analysis is a perfect complement when working with Quanex Building Valuation or Volatility modules.
  
Check out the analysis of Quanex Building Correlation against competitors.

Latest Quanex Building's Fixed Asset Turnover Growth Pattern

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

Quanex Fixed Asset Turnover Regression Statistics

Arithmetic Mean4.36
Geometric Mean4.27
Coefficient Of Variation20.59
Mean Deviation0.71
Median4.59
Standard Deviation0.90
Sample Variance0.80
Range3.3929
R-Value(0.34)
Mean Square Error0.77
R-Squared0.11
Significance0.22
Slope(0.07)
Total Sum of Squares11.27

Quanex Fixed Asset Turnover History

2024 3.23
2023 3.42
2022 3.8
2021 5.17
2020 4.63
2019 3.61
2018 4.62

About Quanex Building Financial Statements

Quanex Building investors use historical fundamental indicators, such as Quanex Building's 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 Quanex Building. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 3.42  3.23 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Quanex Stock Analysis

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