SKYX Fixed Asset Turnover from 2010 to 2024

SKYX Stock  USD 1.05  0.05  5.00%   
SKYX Platforms Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 2.58 in 2024. During the period from 2010 to 2024, SKYX Platforms Fixed Asset Turnover regression line of annual values had r-squared of  0.58 and arithmetic mean of  67.45. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
2.71512231
Current Value
2.58
Quarterly Volatility
102.61867752
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SKYX Platforms financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SKYX Platforms' main balance sheet or income statement drivers, such as Depreciation And Amortization of 953.5 K, Interest Expense of 3.3 M or Selling General Administrative of 38.9 M, as well as many indicators such as Price To Sales Ratio of 2.28, Dividend Yield of 1.0E-4 or PTB Ratio of 9.14. SKYX financial statements analysis is a perfect complement when working with SKYX Platforms Valuation or Volatility modules.
  
Check out the analysis of SKYX Platforms Correlation against competitors.

Latest SKYX Platforms' Fixed Asset Turnover Growth Pattern

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

SKYX Fixed Asset Turnover Regression Statistics

Arithmetic Mean67.45
Geometric Mean11.93
Coefficient Of Variation152.15
Mean Deviation78.30
Median22.62
Standard Deviation102.62
Sample Variance10,531
Range263
R-Value(0.76)
Mean Square Error4,778
R-Squared0.58
Significance0.001
Slope(17.45)
Total Sum of Squares147,428

SKYX Fixed Asset Turnover History

2024 2.58
2023 2.72
2022 0.001377
2021 1.68
2020 3.81
2018 21.07
2017 39.52

About SKYX Platforms Financial Statements

SKYX Platforms investors use historical fundamental indicators, such as SKYX Platforms' 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 SKYX Platforms. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 2.72  2.58 

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Additional Tools for SKYX Stock Analysis

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