PSIG Fixed Asset Turnover from 2010 to 2024

PSIG Stock   0.56  0.02  3.70%   
PS International's Fixed Asset Turnover is increasing over the last several years with slightly volatile swings. Fixed Asset Turnover is estimated to finish at 602.18 this year. During the period from 2010 to 2024 PS International Group Fixed Asset Turnover regressed destribution of quarterly values had coefficient of variationof  93.45 and r-value of  0.64. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
573.50651654
Current Value
602.18
Quarterly Volatility
167.35983269
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check PS International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PS International's main balance sheet or income statement drivers, such as Tax Provision of 1.4 M, Net Interest Income of 81.8 K or Interest Income of 83.2 K, as well as many indicators such as Price To Sales Ratio of 0.31, Dividend Yield of 0.0908 or PTB Ratio of 3.41. PSIG financial statements analysis is a perfect complement when working with PS International Valuation or Volatility modules.
  
Check out the analysis of PS International Correlation against competitors.

Latest PS International's Fixed Asset Turnover Growth Pattern

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

PSIG Fixed Asset Turnover Regression Statistics

Arithmetic Mean179.08
Geometric Mean142.60
Coefficient Of Variation93.45
Mean Deviation110.45
Median108.68
Standard Deviation167.36
Sample Variance28,009
Range493
R-Value0.64
Mean Square Error17,775
R-Squared0.41
Significance0.01
Slope23.98
Total Sum of Squares392,130

PSIG Fixed Asset Turnover History

2024 602.18
2023 573.51
2022 189.92
2021 125.13

About PS International Financial Statements

PS International stakeholders use historical fundamental indicators, such as PS International's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although PS International investors may analyze each financial statement separately, they are all interrelated. For example, changes in PS International's assets and liabilities are reflected in the revenues and expenses on PS International's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in PS International Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 573.51  602.18 

Currently Active Assets on Macroaxis

When determining whether PS International is a strong investment it is important to analyze PS International's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PS International's future performance. For an informed investment choice regarding PSIG Stock, refer to the following important reports:
Check out the analysis of PS International Correlation against competitors.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PS International. If investors know PSIG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PS International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.06)
Earnings Share
0.18
Revenue Per Share
700.102
Quarterly Revenue Growth
0.526
Return On Assets
0.1217
The market value of PS International is measured differently than its book value, which is the value of PSIG that is recorded on the company's balance sheet. Investors also form their own opinion of PS International's value that differs from its market value or its book value, called intrinsic value, which is PS International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PS International's market value can be influenced by many factors that don't directly affect PS International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PS International's value and its price as these two are different measures arrived at by different means. Investors typically determine if PS International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PS International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.