Orthofix Fixed Asset Turnover from 2010 to 2024

OFIX Stock  USD 19.04  0.13  0.69%   
Orthofix Medical Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 4.46 in 2024. During the period from 2010 to 2024, Orthofix Medical Fixed Asset Turnover regression line of annual values had r-squared of  0.56 and arithmetic mean of  8.22. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
4.69408399
Current Value
4.46
Quarterly Volatility
2.21868689
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Orthofix Medical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Orthofix Medical's main balance sheet or income statement drivers, such as Interest Expense of 9.1 M, Total Revenue of 784 M or Gross Profit of 259.2 M, as well as many indicators such as Price To Sales Ratio of 0.63, Dividend Yield of 0.0 or PTB Ratio of 0.79. Orthofix financial statements analysis is a perfect complement when working with Orthofix Medical Valuation or Volatility modules.
  
Check out the analysis of Orthofix Medical Correlation against competitors.
For more information on how to buy Orthofix Stock please use our How to Invest in Orthofix Medical guide.

Latest Orthofix Medical's Fixed Asset Turnover Growth Pattern

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

Orthofix Fixed Asset Turnover Regression Statistics

Arithmetic Mean8.22
Geometric Mean7.92
Coefficient Of Variation27.01
Mean Deviation1.62
Median7.91
Standard Deviation2.22
Sample Variance4.92
Range8.2673
R-Value(0.75)
Mean Square Error2.34
R-Squared0.56
Significance0
Slope(0.37)
Total Sum of Squares68.92

Orthofix Fixed Asset Turnover History

2024 4.46
2023 4.69
2022 7.91
2021 7.84
2020 6.39
2018 10.58
2017 9.61

About Orthofix Medical Financial Statements

Orthofix Medical investors use historical fundamental indicators, such as Orthofix Medical'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 Orthofix Medical. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 4.69  4.46 

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Additional Tools for Orthofix Stock Analysis

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