Genworth Fixed Asset Turnover from 2010 to 2024

GNW Stock  USD 6.49  0.03  0.46%   
Genworth Financial Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 0.11 in 2024. During the period from 2010 to 2024, Genworth Financial Fixed Asset Turnover regression line of quarterly data had mean square error of  476.62 and geometric mean of  2.99. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.11
Current Value
0.11
Quarterly Volatility
24.58831415
 
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Yuan Drop
 
Covid
Check Genworth Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Genworth main balance sheet or income statement drivers, such as Depreciation And Amortization of 38 M, Interest Expense of 112.1 M or Total Revenue of 7.6 B, as well as many exotic indicators such as Price To Sales Ratio of 0.66, Dividend Yield of 0.0228 or PTB Ratio of 0.5. Genworth financial statements analysis is a perfect complement when working with Genworth Financial Valuation or Volatility modules.
  
This module can also supplement Genworth Financial's financial leverage analysis and stock options assessment as well as various Genworth Financial Technical models . Check out the analysis of Genworth Financial Correlation against competitors.
For more information on how to buy Genworth Stock please use our How to Invest in Genworth Financial guide.

Latest Genworth Financial's Fixed Asset Turnover Growth Pattern

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

Genworth Fixed Asset Turnover Regression Statistics

Arithmetic Mean10.99
Geometric Mean2.99
Coefficient Of Variation223.78
Mean Deviation21.75
Median0.13
Standard Deviation24.59
Sample Variance604.59
Range60.0706
R-Value(0.52)
Mean Square Error476.62
R-Squared0.27
Significance0.05
Slope(2.85)
Total Sum of Squares8,464

Genworth Fixed Asset Turnover History

2023 0.11
2022 0.12
2019 0.13
2018 -11.45
2016 -16.46
2011 43.61
2010 -9.59

About Genworth Financial Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Genworth Financial income statement, its balance sheet, and the statement of cash flows. Genworth Financial investors use historical funamental indicators, such as Genworth Financial's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Genworth Financial investors may use each financial statement separately, they are all related. The changes in Genworth Financial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Genworth Financial's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Genworth Financial Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Genworth Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 0.12  0.11 

Genworth Financial Investors Sentiment

The influence of Genworth Financial's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Genworth. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Genworth Financial's public news can be used to forecast risks associated with an investment in Genworth. The trend in average sentiment can be used to explain how an investor holding Genworth can time the market purely based on public headlines and social activities around Genworth Financial. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Genworth Financial's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Genworth Financial's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Genworth Financial's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Genworth Financial.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Genworth Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Genworth Financial's short interest history, or implied volatility extrapolated from Genworth Financial options trading.

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When determining whether Genworth Financial is a strong investment it is important to analyze Genworth Financial'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 Genworth Financial's future performance. For an informed investment choice regarding Genworth Stock, refer to the following important reports:
Check out the analysis of Genworth Financial Correlation against competitors.
For more information on how to buy Genworth Stock please use our How to Invest in Genworth Financial guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for Genworth Stock analysis

When running Genworth Financial's price analysis, check to measure Genworth Financial'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 Genworth Financial is operating at the current time. Most of Genworth Financial's value examination focuses on studying past and present price action to predict the probability of Genworth Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genworth Financial's price. Additionally, you may evaluate how the addition of Genworth Financial to your portfolios can decrease your overall portfolio volatility.
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Is Genworth Financial's industry 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 Genworth Financial. If investors know Genworth 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 Genworth Financial 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
0.242
Earnings Share
0.23
Revenue Per Share
16.426
Quarterly Revenue Growth
0.006
Return On Assets
0.0029
The market value of Genworth Financial is measured differently than its book value, which is the value of Genworth that is recorded on the company's balance sheet. Investors also form their own opinion of Genworth Financial's value that differs from its market value or its book value, called intrinsic value, which is Genworth Financial'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 Genworth Financial's market value can be influenced by many factors that don't directly affect Genworth Financial'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 Genworth Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genworth Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genworth Financial'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.