SunCar Fixed Asset Turnover from 2010 to 2024

SDA Stock   10.43  0.87  9.10%   
SunCar Technology's Fixed Asset Turnover is increasing over the years with slightly volatile fluctuation. Overall, Fixed Asset Turnover is expected to go to 13.85 this year. From 2010 to 2024 SunCar Technology Fixed Asset Turnover quarterly data regression line had arithmetic mean of  9.93 and r-squared of  0.19. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
10.17243694
Current Value
13.85
Quarterly Volatility
3.93904406
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SunCar Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SunCar Technology's main balance sheet or income statement drivers, such as Total Other Income Expense Net of 432.2 K, Tax Provision of 1.5 M or Interest Income of 12.8 K, as well as many indicators such as Price To Sales Ratio of 2.16, Dividend Yield of 0.0 or PTB Ratio of 46.03. SunCar financial statements analysis is a perfect complement when working with SunCar Technology Valuation or Volatility modules.
  
Check out the analysis of SunCar Technology Correlation against competitors.

Latest SunCar Technology's Fixed Asset Turnover Growth Pattern

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

SunCar Fixed Asset Turnover Regression Statistics

Arithmetic Mean9.93
Geometric Mean9.48
Coefficient Of Variation39.68
Mean Deviation2.33
Median8.47
Standard Deviation3.94
Sample Variance15.52
Range14.7374
R-Value0.43
Mean Square Error13.57
R-Squared0.19
Significance0.11
Slope0.38
Total Sum of Squares217.22

SunCar Fixed Asset Turnover History

2024 13.85
2023 10.17
2022 8.49
2021 23.21

About SunCar Technology Financial Statements

SunCar Technology stakeholders use historical fundamental indicators, such as SunCar Technology's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although SunCar Technology investors may analyze each financial statement separately, they are all interrelated. For example, changes in SunCar Technology's assets and liabilities are reflected in the revenues and expenses on SunCar Technology'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 SunCar Technology Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 10.17  13.85 

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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 SunCar Technology is a strong investment it is important to analyze SunCar Technology'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 SunCar Technology's future performance. For an informed investment choice regarding SunCar Stock, refer to the following important reports:
Check out the analysis of SunCar Technology Correlation against competitors.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Diversified Consumer 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 SunCar Technology. If investors know SunCar 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 SunCar Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.94)
Revenue Per Share
4.449
Quarterly Revenue Growth
0.274
Return On Assets
(0.20)
Return On Equity
(1.28)
The market value of SunCar Technology is measured differently than its book value, which is the value of SunCar that is recorded on the company's balance sheet. Investors also form their own opinion of SunCar Technology's value that differs from its market value or its book value, called intrinsic value, which is SunCar Technology'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 SunCar Technology's market value can be influenced by many factors that don't directly affect SunCar Technology'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 SunCar Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if SunCar Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SunCar Technology'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.