Quest Fixed Asset Turnover from 2010 to 2024

QRHC Stock  USD 7.05  0.11  1.59%   
Quest Resource's Fixed Asset Turnover is decreasing over the years with very volatile fluctuation. Fixed Asset Turnover is expected to dwindle to 56.21. During the period from 2010 to 2024 Quest Resource Fixed Asset Turnover annual values regression line had geometric mean of  38.00 and mean square error of  3,979. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
72.24556879
Current Value
56.21
Quarterly Volatility
60.79004092
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Quest Resource financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Quest Resource's main balance sheet or income statement drivers, such as Interest Expense of 10.2 M, Selling General Administrative of 37.8 M or Other Operating Expenses of 299.8 M, as well as many indicators such as Price To Sales Ratio of 0.49, Dividend Yield of 0.0 or PTB Ratio of 2.11. Quest financial statements analysis is a perfect complement when working with Quest Resource Valuation or Volatility modules.
  
Check out the analysis of Quest Resource Correlation against competitors.

Latest Quest Resource's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Quest Resource Holding over the last few years. It is Quest Resource's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Quest Resource's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Very volatile
   Fixed Asset Turnover   
       Timeline  

Quest Fixed Asset Turnover Regression Statistics

Arithmetic Mean69.33
Geometric Mean38.00
Coefficient Of Variation87.69
Mean Deviation45.52
Median56.21
Standard Deviation60.79
Sample Variance3,695
Range230
R-Value(0.02)
Mean Square Error3,979
R-Squared0.0002
Significance0.96
Slope(0.20)
Total Sum of Squares51,736

Quest Fixed Asset Turnover History

2024 56.21
2023 72.25
2022 48.05
2021 27.83
2020 29.15
2019 40.63
2018 107.24

About Quest Resource Financial Statements

Quest Resource stakeholders use historical fundamental indicators, such as Quest Resource's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Quest Resource investors may analyze each financial statement separately, they are all interrelated. For example, changes in Quest Resource's assets and liabilities are reflected in the revenues and expenses on Quest Resource'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 Quest Resource Holding. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 72.25  56.21 

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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.
When determining whether Quest Resource Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Quest Resource's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Quest Resource Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Quest Resource Holding Stock:
Check out the analysis of Quest Resource Correlation against competitors.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Environmental & Facilities Services 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 Quest Resource. If investors know Quest 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 Quest Resource 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
0.667
Earnings Share
(0.38)
Revenue Per Share
14.016
Quarterly Revenue Growth
0.033
Return On Assets
0.0146
The market value of Quest Resource Holding is measured differently than its book value, which is the value of Quest that is recorded on the company's balance sheet. Investors also form their own opinion of Quest Resource's value that differs from its market value or its book value, called intrinsic value, which is Quest Resource'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 Quest Resource's market value can be influenced by many factors that don't directly affect Quest Resource'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 Quest Resource's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quest Resource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quest Resource'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.