Nextracker Fixed Asset Turnover from 2010 to 2024

NXT Stock   39.71  0.84  2.16%   
Nextracker Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to 185.05 in 2024. From the period from 2010 to 2024, Nextracker Fixed Asset Turnover quarterly data regression had r-value of  0.73 and coefficient of variation of  38.26. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
270.66273278
Current Value
185.05
Quarterly Volatility
65.34051067
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nextracker financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nextracker's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.1 M, Selling General Administrative of 192.7 M or Selling And Marketing Expenses of 28.4 M, as well as many indicators such as Price To Sales Ratio of 1.34, Dividend Yield of 0.22 or PTB Ratio of 4.73. Nextracker financial statements analysis is a perfect complement when working with Nextracker Valuation or Volatility modules.
  
Check out the analysis of Nextracker Correlation against competitors.

Latest Nextracker's Fixed Asset Turnover Growth Pattern

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

Nextracker Fixed Asset Turnover Regression Statistics

Arithmetic Mean170.77
Geometric Mean160.65
Coefficient Of Variation38.26
Mean Deviation56.63
Median123.57
Standard Deviation65.34
Sample Variance4,269
Range174
R-Value0.73
Mean Square Error2,147
R-Squared0.53
Significance0
Slope10.67
Total Sum of Squares59,771

Nextracker Fixed Asset Turnover History

2024 185.05
2023 270.66
2022 262.18
2021 196.36
2020 237.6
2019 297.51

About Nextracker Financial Statements

Nextracker shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Nextracker investors may analyze each financial statement separately, they are all interrelated. The changes in Nextracker's assets and liabilities, for example, are also reflected in the revenues and expenses on on Nextracker'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 270.66  185.05 

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Additional Tools for Nextracker Stock Analysis

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