Rumble Fixed Asset Turnover from 2010 to 2024

RUMBW Stock  USD 1.96  0.08  4.26%   
Rumble Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 3.47 in 2024. During the period from 2010 to 2024, Rumble Fixed Asset Turnover regression line of quarterly data had mean square error of  394.43 and geometric mean of  20.00. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
3.65294409
Current Value
3.47
Quarterly Volatility
20.87882989
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Rumble financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rumble's main balance sheet or income statement drivers, such as Net Interest Income of 16.3 M, Depreciation And Amortization of 5.9 M or Selling General Administrative of 39 M, as well as many indicators such as Price To Sales Ratio of 10.61, Dividend Yield of 0.0 or PTB Ratio of 3.41. Rumble financial statements analysis is a perfect complement when working with Rumble Valuation or Volatility modules.
  
Check out the analysis of Rumble Correlation against competitors.

Latest Rumble's Fixed Asset Turnover Growth Pattern

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

Rumble Fixed Asset Turnover Regression Statistics

Arithmetic Mean29.60
Geometric Mean20.00
Coefficient Of Variation70.54
Mean Deviation13.87
Median34.37
Standard Deviation20.88
Sample Variance435.93
Range82.5167
R-Value(0.40)
Mean Square Error394.43
R-Squared0.16
Significance0.14
Slope(1.87)
Total Sum of Squares6,103

Rumble Fixed Asset Turnover History

2024 3.47
2023 3.65
2022 3.86
2021 3.38
2020 85.89

About Rumble Financial Statements

Rumble investors use historical fundamental indicators, such as Rumble'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 Rumble. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 3.65  3.47 

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Additional Tools for Rumble Stock Analysis

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