Steelcase Fixed Asset Turnover from 2010 to 2024

SCS Stock  USD 13.27  0.23  1.76%   
Steelcase 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, Steelcase Fixed Asset Turnover quarterly data regression had r-value of (0.13) and coefficient of variation of  17.95. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
6.05867689
Current Value
7.15050167
Quarterly Volatility
1.22661353
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Steelcase financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Steelcase's main balance sheet or income statement drivers, such as Depreciation And Amortization of 76.7 M, Interest Expense of 19.3 M or Total Revenue of 3.3 B, as well as many indicators such as Price To Sales Ratio of 0.59, Dividend Yield of 0.16 or PTB Ratio of 2.23. Steelcase financial statements analysis is a perfect complement when working with Steelcase Valuation or Volatility modules.
  
Check out the analysis of Steelcase Correlation against competitors.
For more information on how to buy Steelcase Stock please use our How to Invest in Steelcase guide.

Latest Steelcase's Fixed Asset Turnover Growth Pattern

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

Steelcase Fixed Asset Turnover Regression Statistics

Arithmetic Mean6.83
Geometric Mean6.70
Coefficient Of Variation17.95
Mean Deviation0.97
Median7.56
Standard Deviation1.23
Sample Variance1.50
Range4.677
R-Value(0.13)
Mean Square Error1.59
R-Squared0.02
Significance0.63
Slope(0.04)
Total Sum of Squares21.06

Steelcase Fixed Asset Turnover History

2024 7.15
2019 6.06
2013 7.56
2011 8.12
2010 3.45

About Steelcase Financial Statements

Steelcase shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Steelcase investors may analyze each financial statement separately, they are all interrelated. The changes in Steelcase's assets and liabilities, for example, are also reflected in the revenues and expenses on on Steelcase'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 6.06  7.15 

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Additional Tools for Steelcase Stock Analysis

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