SCHMID Fixed Asset Turnover from 2010 to 2024

SHMDW Stock   0.26  0.01  4.00%   
SCHMID Group Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 4.04 in 2024. During the period from 2010 to 2024, SCHMID Group Fixed Asset Turnover regression line of quarterly data had mean square error of  1.18 and geometric mean of  2.98. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
6.11132932
Current Value
4.04
Quarterly Volatility
1.3291008
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SCHMID Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SCHMID Group's main balance sheet or income statement drivers, such as Tax Provision of 1.6 M, Interest Income of 4.1 M or Depreciation And Amortization of 6.6 M, as well as many indicators such as Price To Sales Ratio of 0.0, Ptb Ratio of 0.0 or Days Sales Outstanding of 320. SCHMID financial statements analysis is a perfect complement when working with SCHMID Group Valuation or Volatility modules.
  
Check out the analysis of SCHMID Group Correlation against competitors.

Latest SCHMID Group's Fixed Asset Turnover Growth Pattern

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

SCHMID Fixed Asset Turnover Regression Statistics

Arithmetic Mean3.16
Geometric Mean2.98
Coefficient Of Variation42.10
Mean Deviation0.95
Median2.56
Standard Deviation1.33
Sample Variance1.77
Range3.9073
R-Value0.62
Mean Square Error1.18
R-Squared0.38
Significance0.01
Slope0.18
Total Sum of Squares24.73

SCHMID Fixed Asset Turnover History

2024 4.04
2023 6.11
2022 6.47

About SCHMID Group Financial Statements

SCHMID Group investors use historical fundamental indicators, such as SCHMID Group'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 SCHMID Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 6.11  4.04 

Also Currently Popular

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.

Additional Tools for SCHMID Stock Analysis

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