Safety Fixed Asset Turnover from 2010 to 2024

SAFT Stock  USD 85.89  1.03  1.21%   
Safety Insurance Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover is likely to outpace its year average in 2024. From the period from 2010 to 2024, Safety Insurance Fixed Asset Turnover quarterly data regression had r-value of (0.53) and coefficient of variation of  181.86. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
29.57669335
Current Value
31.06
Quarterly Volatility
199.54583252
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Safety Insurance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Safety Insurance's main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.4 M, Interest Expense of 588.6 K or Total Revenue of 729.3 M, as well as many indicators such as Price To Sales Ratio of 0.78, Dividend Yield of 0.0294 or PTB Ratio of 0.9. Safety financial statements analysis is a perfect complement when working with Safety Insurance Valuation or Volatility modules.
  
Check out the analysis of Safety Insurance Correlation against competitors.

Latest Safety Insurance's Fixed Asset Turnover Growth Pattern

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

Safety Fixed Asset Turnover Regression Statistics

Arithmetic Mean109.73
Geometric Mean62.51
Coefficient Of Variation181.86
Mean Deviation95.29
Median69.89
Standard Deviation199.55
Sample Variance39,819
Range799
R-Value(0.53)
Mean Square Error30,961
R-Squared0.28
Significance0.04
Slope(23.53)
Total Sum of Squares557,460

Safety Fixed Asset Turnover History

2024 31.06
2023 29.58
2022 33.64
2021 31.89
2020 27.11
2019 25.76
2018 53.23

About Safety Insurance Financial Statements

Safety Insurance shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Safety Insurance investors may analyze each financial statement separately, they are all interrelated. The changes in Safety Insurance's assets and liabilities, for example, are also reflected in the revenues and expenses on on Safety Insurance's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 29.58  31.06 

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Additional Tools for Safety Stock Analysis

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