Solarmax Fixed Asset Turnover from 2010 to 2025

SMXT Stock   1.76  0.02  1.15%   
Solarmax Technology Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to 10.37 in 2025. From the period from 2010 to 2025, Solarmax Technology Fixed Asset Turnover quarterly data regression had r-value of (0.62) and coefficient of variation of  54.94. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
10.92
Current Value
10.37
Quarterly Volatility
16.87145726
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Solarmax Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Solarmax Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1 M, Interest Expense of 1.7 M or Total Revenue of 59.6 M, as well as many indicators such as Price To Sales Ratio of 2.37, Dividend Yield of 0.0 or Days Sales Outstanding of 141. Solarmax financial statements analysis is a perfect complement when working with Solarmax Technology Valuation or Volatility modules.
  
Check out the analysis of Solarmax Technology Correlation against competitors.

Latest Solarmax Technology's Fixed Asset Turnover Growth Pattern

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

Solarmax Fixed Asset Turnover Regression Statistics

Arithmetic Mean30.71
Geometric Mean24.97
Coefficient Of Variation54.94
Mean Deviation14.96
Median39.55
Standard Deviation16.87
Sample Variance284.65
Range51.9065
R-Value(0.62)
Mean Square Error185.94
R-Squared0.39
Significance0.01
Slope(2.21)
Total Sum of Squares4,270

Solarmax Fixed Asset Turnover History

2025 10.37
2024 10.92
2023 9.49
2022 6.1
2021 58.01
2019 13.84
2018 52.35

About Solarmax Technology Financial Statements

Solarmax Technology shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Solarmax Technology investors may analyze each financial statement separately, they are all interrelated. The changes in Solarmax Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Solarmax Technology's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 10.92  10.37 

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Additional Tools for Solarmax Stock Analysis

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