Phoenix Fixed Asset Turnover from 2010 to 2024

PEV Stock  USD 0.33  0.01  3.13%   
Phoenix Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover is likely to outpace its year average in 2024. During the period from 2010 to 2024, Phoenix Fixed Asset Turnover regression line of quarterly data had mean square error of  0.28 and geometric mean of  1.34. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
2.78999106
Current Value
2.93
Quarterly Volatility
0.61022054
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Phoenix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Phoenix's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 M, Interest Expense of 636.3 K or Total Revenue of 3 M, as well as many indicators such as Price To Sales Ratio of 6.77, Dividend Yield of 0.0 or Days Sales Outstanding of 135. Phoenix financial statements analysis is a perfect complement when working with Phoenix Valuation or Volatility modules.
  
Check out the analysis of Phoenix Correlation against competitors.

Latest Phoenix's Fixed Asset Turnover Growth Pattern

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

Phoenix Fixed Asset Turnover Regression Statistics

Arithmetic Mean1.43
Geometric Mean1.34
Coefficient Of Variation42.74
Mean Deviation0.41
Median1.20
Standard Deviation0.61
Sample Variance0.37
Range2.2415
R-Value0.55
Mean Square Error0.28
R-Squared0.30
Significance0.03
Slope0.07
Total Sum of Squares5.21

Phoenix Fixed Asset Turnover History

2024 2.93
2023 2.79
2022 0.69
2021 1.35
2020 1.63

About Phoenix Financial Statements

Phoenix investors use historical fundamental indicators, such as Phoenix'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 Phoenix. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 2.79  2.93 

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Additional Tools for Phoenix Stock Analysis

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