RumbleON Fixed Asset Turnover from 2010 to 2024

RMBL Stock  USD 6.33  0.12  1.93%   
RumbleON Fixed Asset Turnover yearly trend continues to be quite stable with very little volatility. The value of Fixed Asset Turnover is projected to decrease to 5.39. From the period between 2010 and 2024, RumbleON, Fixed Asset Turnover regression line of its data series had standard deviation of  18.52 and standard deviation of  18.52. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
5.67677607
Current Value
5.39
Quarterly Volatility
18.51738605
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check RumbleON financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among RumbleON's main balance sheet or income statement drivers, such as Depreciation And Amortization of 23.1 M, Interest Expense of 81.1 M or Selling General Administrative of 328.3 M, as well as many indicators such as Price To Sales Ratio of 0.1, Dividend Yield of 0.0 or PTB Ratio of 1.44. RumbleON financial statements analysis is a perfect complement when working with RumbleON Valuation or Volatility modules.
  
Check out the analysis of RumbleON Correlation against competitors.
For more information on how to buy RumbleON Stock please use our How to buy in RumbleON Stock guide.

Latest RumbleON's Fixed Asset Turnover Growth Pattern

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

RumbleON Fixed Asset Turnover Regression Statistics

Arithmetic Mean11.59
Geometric Mean5.16
Coefficient Of Variation159.84
Mean Deviation12.93
Median2.17
Standard Deviation18.52
Sample Variance342.89
Range65.2493
R-Value0.29
Mean Square Error337.48
R-Squared0.09
Significance0.29
Slope1.21
Total Sum of Squares4,801

RumbleON Fixed Asset Turnover History

2024 5.39
2023 5.68
2022 7.54
2021 6.05
2020 34.1
2019 67.42
2018 30.21

About RumbleON Financial Statements

RumbleON investors utilize fundamental indicators, such as Fixed Asset Turnover, to predict how RumbleON Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 5.68  5.39 

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When determining whether RumbleON is a strong investment it is important to analyze RumbleON'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 RumbleON's future performance. For an informed investment choice regarding RumbleON Stock, refer to the following important reports:
Check out the analysis of RumbleON Correlation against competitors.
For more information on how to buy RumbleON Stock please use our How to buy in RumbleON Stock guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Automotive Retail 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 RumbleON. If investors know RumbleON 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 RumbleON listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(10.58)
Revenue Per Share
47.649
Quarterly Revenue Growth
(0.12)
Return On Assets
0.0047
Return On Equity
(1.42)
The market value of RumbleON is measured differently than its book value, which is the value of RumbleON that is recorded on the company's balance sheet. Investors also form their own opinion of RumbleON's value that differs from its market value or its book value, called intrinsic value, which is RumbleON'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 RumbleON's market value can be influenced by many factors that don't directly affect RumbleON'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 RumbleON's value and its price as these two are different measures arrived at by different means. Investors typically determine if RumbleON is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RumbleON'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.