Orion Fixed Asset Turnover from 2010 to 2024

OESX Stock  USD 0.84  0.02  2.44%   
Orion Energy Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 4.56 in 2024. During the period from 2010 to 2024, Orion Energy Fixed Asset Turnover regression line of annual values had r-squared of  0.38 and arithmetic mean of  6.10. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
7.97157441
Current Value
4.56
Quarterly Volatility
3.05386515
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Orion Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Orion Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 M, Interest Expense of 1.1 M or Total Revenue of 80.2 M, as well as many indicators such as Price To Sales Ratio of 0.3, Dividend Yield of 0.0578 or PTB Ratio of 1.21. Orion financial statements analysis is a perfect complement when working with Orion Energy Valuation or Volatility modules.
  
Check out the analysis of Orion Energy Correlation against competitors.

Latest Orion Energy's Fixed Asset Turnover Growth Pattern

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

Orion Fixed Asset Turnover Regression Statistics

Arithmetic Mean6.10
Geometric Mean5.50
Coefficient Of Variation50.06
Mean Deviation2.50
Median4.70
Standard Deviation3.05
Sample Variance9.33
Range9.6844
R-Value0.62
Mean Square Error6.23
R-Squared0.38
Significance0.01
Slope0.42
Total Sum of Squares130.57

Orion Fixed Asset Turnover History

2024 4.56
2023 7.97
2022 7.39
2021 10.85
2020 10.28
2019 12.76
2018 5.47

About Orion Energy Financial Statements

Orion Energy investors use historical fundamental indicators, such as Orion Energy'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 Orion Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 7.97  4.56 

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 Orion Stock Analysis

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