Xos Fixed Asset Turnover from 2010 to 2024

XOS Stock  USD 4.54  0.48  11.82%   
Xos Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover is likely to outpace its year average in 2024. From the period from 2010 to 2024, Xos Fixed Asset Turnover quarterly data regression had r-value of  0.78 and coefficient of variation of  92.30. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
2.26568622
Current Value
2.38
Quarterly Volatility
0.82937285
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Xos financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Xos' main balance sheet or income statement drivers, such as Interest Expense of 4 M, Depreciation And Amortization of 5.1 M or Selling General Administrative of 25 M, as well as many indicators such as Price To Sales Ratio of 0.99, Dividend Yield of 0.0 or PTB Ratio of 1.07. Xos financial statements analysis is a perfect complement when working with Xos Valuation or Volatility modules.
  
Check out the analysis of Xos Correlation against competitors.

Latest Xos' Fixed Asset Turnover Growth Pattern

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

Xos Fixed Asset Turnover Regression Statistics

Arithmetic Mean0.90
Geometric Mean0.63
Coefficient Of Variation92.30
Mean Deviation0.70
Median0.34
Standard Deviation0.83
Sample Variance0.69
Range2.093
R-Value0.78
Mean Square Error0.29
R-Squared0.61
Significance0.0006
Slope0.15
Total Sum of Squares9.63

Xos Fixed Asset Turnover History

2024 2.38
2023 2.27
2022 1.45
2021 0.68
2020 2.44
2019 1.18

About Xos Financial Statements

Xos shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Xos investors may analyze each financial statement separately, they are all interrelated. The changes in Xos' assets and liabilities, for example, are also reflected in the revenues and expenses on on Xos' 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 2.27  2.38 

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Additional Tools for Xos Stock Analysis

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