PGIM Asset Turnover from 2010 to 2024

SDHY Stock  USD 16.53  0.06  0.36%   
PGIM Short Asset Turnover yearly trend continues to be fairly stable with very little volatility. Asset Turnover is likely to outpace its year average in 2024. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently PGIM Short Duration uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.07218251
Current Value
0.0758
Quarterly Volatility
0.04758237
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check PGIM Short financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PGIM Short's main balance sheet or income statement drivers, such as Net Interest Income of 26.7 M, Interest Income of 32.3 M or Depreciation And Amortization of 158.6 K, as well as many indicators such as Price To Sales Ratio of 9.86, Dividend Yield of 0.0666 or PTB Ratio of 0.98. PGIM financial statements analysis is a perfect complement when working with PGIM Short Valuation or Volatility modules.
  
Check out the analysis of PGIM Short Correlation against competitors.

Latest PGIM Short's Asset Turnover Growth Pattern

Below is the plot of the Asset Turnover of PGIM Short Duration over the last few years. It is the ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales. PGIM Short's Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in PGIM Short's overall financial position and show how it may be relating to other accounts over time.
Asset Turnover10 Years Trend
Slightly volatile
   Asset Turnover   
       Timeline  

PGIM Asset Turnover Regression Statistics

Arithmetic Mean(0.03)
Geometric Mean0.05
Coefficient Of Variation(183.91)
Mean Deviation0.04
Median(0.05)
Standard Deviation0.05
Sample Variance0
Range0.1245
R-Value0.70
Mean Square Error0
R-Squared0.49
Significance0
Slope0.01
Total Sum of Squares0.03

PGIM Asset Turnover History

2024 0.0758
2023 0.0722
2022 0.0483

Other Fundumenentals of PGIM Short Duration

PGIM Short Asset Turnover component correlations

About PGIM Short Financial Statements

PGIM Short investors use historical fundamental indicators, such as PGIM Short's 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 PGIM Short. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Asset Turnover 0.07  0.08 

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Additional Tools for PGIM Stock Analysis

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