Companhia Fixed Asset Turnover from 2010 to 2024

SID Stock  USD 1.96  0.04  2.00%   
Companhia Siderurgica's Fixed Asset Turnover is increasing over the years with slightly volatile fluctuation. Fixed Asset Turnover is expected to dwindle to 0.94. During the period from 2010 to 2024 Companhia Siderurgica Fixed Asset Turnover annual values regression line had geometric mean of  1.14 and mean square error of  0.10. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
1.62699913
Current Value
0.94
Quarterly Volatility
0.41386023
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Companhia Siderurgica financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Companhia Siderurgica's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.5 B, Total Revenue of 47.7 B or Gross Profit of 6.3 B, as well as many indicators such as Price To Sales Ratio of 0.54, Dividend Yield of 0.11 or PTB Ratio of 1.4. Companhia financial statements analysis is a perfect complement when working with Companhia Siderurgica Valuation or Volatility modules.
  
Check out the analysis of Companhia Siderurgica Correlation against competitors.

Latest Companhia Siderurgica's Fixed Asset Turnover Growth Pattern

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

Companhia Fixed Asset Turnover Regression Statistics

Arithmetic Mean1.20
Geometric Mean1.14
Coefficient Of Variation34.45
Mean Deviation0.32
Median1.03
Standard Deviation0.41
Sample Variance0.17
Range1.5771
R-Value0.67
Mean Square Error0.10
R-Squared0.45
Significance0.01
Slope0.06
Total Sum of Squares2.40

Companhia Fixed Asset Turnover History

2024 0.94
2023 1.63
2022 1.68
2021 2.23
2020 1.52
2019 1.29
2018 1.27

About Companhia Siderurgica Financial Statements

Companhia Siderurgica stakeholders use historical fundamental indicators, such as Companhia Siderurgica's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Companhia Siderurgica investors may analyze each financial statement separately, they are all interrelated. For example, changes in Companhia Siderurgica's assets and liabilities are reflected in the revenues and expenses on Companhia Siderurgica'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 Companhia Siderurgica Nacional. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 1.63  0.94 

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When determining whether Companhia Siderurgica is a strong investment it is important to analyze Companhia Siderurgica'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 Companhia Siderurgica's future performance. For an informed investment choice regarding Companhia Stock, refer to the following important reports:
Check out the analysis of Companhia Siderurgica Correlation against competitors.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Metals & Mining 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 Companhia Siderurgica. If investors know Companhia 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 Companhia Siderurgica 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
33.206
Dividend Share
0.716
Earnings Share
(0.09)
Revenue Per Share
32.926
Quarterly Revenue Growth
(0.01)
The market value of Companhia Siderurgica is measured differently than its book value, which is the value of Companhia that is recorded on the company's balance sheet. Investors also form their own opinion of Companhia Siderurgica's value that differs from its market value or its book value, called intrinsic value, which is Companhia Siderurgica'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 Companhia Siderurgica's market value can be influenced by many factors that don't directly affect Companhia Siderurgica'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 Companhia Siderurgica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Companhia Siderurgica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Companhia Siderurgica'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.