Urban Fixed Asset Turnover from 2010 to 2024

UONE Stock  USD 1.45  0.03  2.03%   
Urban One's Fixed Asset Turnover is decreasing over the years with slightly volatile fluctuation. Fixed Asset Turnover is expected to dwindle to 7.38. During the period from 2010 to 2024 Urban One Fixed Asset Turnover annual values regression line had geometric mean of  10.43 and mean square error of  17.84. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
7.92057702
Current Value
7.38
Quarterly Volatility
4.3981354
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Urban One financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Urban One's main balance sheet or income statement drivers, such as Depreciation And Amortization of 40.3 M, Total Revenue of 370.9 M or Gross Profit of 274.9 M, as well as many indicators such as Price To Sales Ratio of 0.38, Dividend Yield of 0.0061 or PTB Ratio of 0.67. Urban financial statements analysis is a perfect complement when working with Urban One Valuation or Volatility modules.
  
Check out the analysis of Urban One Correlation against competitors.
For information on how to trade Urban Stock refer to our How to Trade Urban Stock guide.

Latest Urban One's Fixed Asset Turnover Growth Pattern

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

Urban Fixed Asset Turnover Regression Statistics

Arithmetic Mean11.22
Geometric Mean10.43
Coefficient Of Variation39.20
Mean Deviation3.85
Median10.73
Standard Deviation4.40
Sample Variance19.34
Range12.0974
R-Value(0.38)
Mean Square Error17.84
R-Squared0.14
Significance0.16
Slope(0.37)
Total Sum of Squares270.81

Urban Fixed Asset Turnover History

2024 7.38
2023 7.92
2022 8.13
2021 6.86
2020 6.26
2019 6.3
2018 16.83

About Urban One Financial Statements

Urban One stakeholders use historical fundamental indicators, such as Urban One's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Urban One investors may analyze each financial statement separately, they are all interrelated. For example, changes in Urban One's assets and liabilities are reflected in the revenues and expenses on Urban One'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 Urban One. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 7.92  7.38 

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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.
When determining whether Urban One is a strong investment it is important to analyze Urban One'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 Urban One's future performance. For an informed investment choice regarding Urban Stock, refer to the following important reports:
Check out the analysis of Urban One Correlation against competitors.
For information on how to trade Urban Stock refer to our How to Trade Urban Stock guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Cable & Satellite 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 Urban One. If investors know Urban 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 Urban One 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
3.633
Earnings Share
(1.66)
Revenue Per Share
9.569
Quarterly Revenue Growth
(0.09)
Return On Assets
0.0404
The market value of Urban One is measured differently than its book value, which is the value of Urban that is recorded on the company's balance sheet. Investors also form their own opinion of Urban One's value that differs from its market value or its book value, called intrinsic value, which is Urban One'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 Urban One's market value can be influenced by many factors that don't directly affect Urban One'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 Urban One's value and its price as these two are different measures arrived at by different means. Investors typically determine if Urban One is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Urban One'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.