Workiva Fixed Asset Turnover from 2010 to 2024

WK Stock  USD 95.62  0.75  0.79%   
Workiva Fixed Asset Turnover yearly trend continues to be quite stable with very little volatility. Fixed Asset Turnover may rise above 17.92 this year. From the period between 2010 and 2024, Workiva, Fixed Asset Turnover regression line of its data series had standard deviation of  5.17 and standard deviation of  5.17. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
17.06312967
Current Value
17.92
Quarterly Volatility
5.16929415
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Workiva financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Workiva's main balance sheet or income statement drivers, such as Interest Expense of 56.3 M, Selling General Administrative of 116 M or Selling And Marketing Expenses of 301.4 M, as well as many indicators such as Price To Sales Ratio of 9.89, Dividend Yield of 4.0E-4 or Days Sales Outstanding of 50.58. Workiva financial statements analysis is a perfect complement when working with Workiva Valuation or Volatility modules.
  
Check out the analysis of Workiva Correlation against competitors.
For more information on how to buy Workiva Stock please use our How to buy in Workiva Stock guide.

Latest Workiva's Fixed Asset Turnover Growth Pattern

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

Workiva Fixed Asset Turnover Regression Statistics

Arithmetic Mean6.96
Geometric Mean5.58
Coefficient Of Variation74.28
Mean Deviation4.08
Median5.14
Standard Deviation5.17
Sample Variance26.72
Range15.4842
R-Value0.87
Mean Square Error6.87
R-Squared0.76
Significance0.000022
Slope1.01
Total Sum of Squares374.10

Workiva Fixed Asset Turnover History

2024 17.92
2023 17.06
2022 13.11
2021 9.52
2020 7.78
2019 5.41
2018 5.89

About Workiva Financial Statements

Workiva investors utilize fundamental indicators, such as Fixed Asset Turnover, to predict how Workiva Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 17.06  17.92 

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Check out the analysis of Workiva Correlation against competitors.
For more information on how to buy Workiva Stock please use our How to buy in Workiva Stock guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Application Software 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 Workiva. If investors know Workiva 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 Workiva listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.92)
Revenue Per Share
12.82
Quarterly Revenue Growth
0.174
Return On Assets
(0.02)
Return On Equity
(27.63)
The market value of Workiva is measured differently than its book value, which is the value of Workiva that is recorded on the company's balance sheet. Investors also form their own opinion of Workiva's value that differs from its market value or its book value, called intrinsic value, which is Workiva'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 Workiva's market value can be influenced by many factors that don't directly affect Workiva'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 Workiva's value and its price as these two are different measures arrived at by different means. Investors typically determine if Workiva is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Workiva'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.