Shyft Dividend Paid And Capex Coverage Ratio from 2010 to 2024

SHYF Stock  USD 14.10  0.16  1.12%   
Shyft's Dividend Paid And Capex Coverage Ratio is decreasing over the last several years with very volatile swings. Dividend Paid And Capex Coverage Ratio is predicted to flatten to 1.37. During the period from 2010 to 2024 Shyft Group Dividend Paid And Capex Coverage Ratio regressed destribution of quarterly values had mean deviationof  0.91 and mean square error of  1.44. View All Fundamentals
 
Dividend Paid And Capex Coverage Ratio  
First Reported
2010-12-31
Previous Quarter
2.0201135
Current Value
1.37
Quarterly Volatility
1.15739845
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Shyft financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shyft's main balance sheet or income statement drivers, such as Depreciation And Amortization of 17.8 M, Interest Expense of 6.2 M or Total Revenue of 915.8 M, as well as many indicators such as Price To Sales Ratio of 0.72, Dividend Yield of 0.0107 or PTB Ratio of 2.74. Shyft financial statements analysis is a perfect complement when working with Shyft Valuation or Volatility modules.
  
Check out the analysis of Shyft Correlation against competitors.

Latest Shyft's Dividend Paid And Capex Coverage Ratio Growth Pattern

Below is the plot of the Dividend Paid And Capex Coverage Ratio of Shyft Group over the last few years. It is Shyft's Dividend Paid And Capex Coverage Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Shyft's overall financial position and show how it may be relating to other accounts over time.
Dividend Paid And Capex Coverage Ratio10 Years Trend
Very volatile
   Dividend Paid And Capex Coverage Ratio   
       Timeline  

Shyft Dividend Paid And Capex Coverage Ratio Regression Statistics

Arithmetic Mean1.71
Coefficient Of Variation67.78
Mean Deviation0.91
Median1.55
Standard Deviation1.16
Sample Variance1.34
Range4.2344
R-Value(0.01)
Mean Square Error1.44
R-Squared0.0001
Significance0.97
Slope(0)
Total Sum of Squares18.75

Shyft Dividend Paid And Capex Coverage Ratio History

2024 1.37
2023 2.02
2022 -0.68
2021 2.79
2020 3.55
2019 2.51
2018 0.64

About Shyft Financial Statements

Shyft stakeholders use historical fundamental indicators, such as Shyft's Dividend Paid And Capex Coverage Ratio, to determine how well the company is positioned to perform in the future. Although Shyft investors may analyze each financial statement separately, they are all interrelated. For example, changes in Shyft's assets and liabilities are reflected in the revenues and expenses on Shyft'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 Shyft Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Dividend Paid And Capex Coverage Ratio 2.02  1.37 

Currently Active Assets on Macroaxis

When determining whether Shyft Group is a strong investment it is important to analyze Shyft'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 Shyft's future performance. For an informed investment choice regarding Shyft Stock, refer to the following important reports:
Check out the analysis of Shyft Correlation against competitors.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Industrial Machinery & Supplies & Components 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 Shyft. If investors know Shyft 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 Shyft listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.31)
Dividend Share
0.2
Earnings Share
(0.10)
Revenue Per Share
22.898
Quarterly Revenue Growth
(0.04)
The market value of Shyft Group is measured differently than its book value, which is the value of Shyft that is recorded on the company's balance sheet. Investors also form their own opinion of Shyft's value that differs from its market value or its book value, called intrinsic value, which is Shyft'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 Shyft's market value can be influenced by many factors that don't directly affect Shyft'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 Shyft's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shyft is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shyft'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.