Helmerich Fixed Asset Turnover from 2010 to 2024

HP Stock  USD 37.83  0.38  0.99%   
Helmerich Fixed Asset Turnover yearly trend continues to be relatively stable with very little volatility. Fixed Asset Turnover is likely to drop to 0.75. During the period from 2010 to 2024, Helmerich Fixed Asset Turnover destribution of quarterly values had range of 0.7943 from its regression line and mean deviation of  0.17. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
1.11
Current Value
0.75
Quarterly Volatility
0.2173965
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Helmerich financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Helmerich main balance sheet or income statement drivers, such as Depreciation And Amortization of 243.5 M, Interest Expense of 20.9 M or Total Revenue of 3.5 B, as well as many exotic indicators such as Price To Sales Ratio of 3.2, Dividend Yield of 0.0441 or PTB Ratio of 1.91. Helmerich financial statements analysis is a perfect complement when working with Helmerich Valuation or Volatility modules.
  
This module can also supplement Helmerich's financial leverage analysis and stock options assessment as well as various Helmerich Technical models . Check out the analysis of Helmerich Correlation against competitors.

Latest Helmerich's Fixed Asset Turnover Growth Pattern

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

Helmerich Fixed Asset Turnover Regression Statistics

Arithmetic Mean0.63
Geometric Mean0.60
Coefficient Of Variation34.37
Mean Deviation0.17
Median0.62
Standard Deviation0.22
Sample Variance0.05
Range0.7943
R-Value0.35
Mean Square Error0.04
R-Squared0.12
Significance0.20
Slope0.02
Total Sum of Squares0.66

Helmerich Fixed Asset Turnover History

2024 0.75
2023 1.11
2022 0.97
2021 0.69
2020 0.38
2019 0.49
2018 0.62

About Helmerich Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Helmerich income statement, its balance sheet, and the statement of cash flows. Helmerich investors use historical funamental indicators, such as Helmerich's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Helmerich investors may use each financial statement separately, they are all related. The changes in Helmerich's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Helmerich'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 Helmerich Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Helmerich. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 1.11  0.75 

Helmerich Investors Sentiment

The influence of Helmerich'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 Helmerich. 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 Helmerich's public news can be used to forecast risks associated with an investment in Helmerich. The trend in average sentiment can be used to explain how an investor holding Helmerich can time the market purely based on public headlines and social activities around Helmerich and Payne. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Helmerich'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 Helmerich'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 Helmerich's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Helmerich.
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 Helmerich 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, Helmerich's short interest history, or implied volatility extrapolated from Helmerich options trading.

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When determining whether Helmerich and Payne is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Helmerich Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Helmerich And Payne Stock. Highlighted below are key reports to facilitate an investment decision about Helmerich And Payne Stock:
Check out the analysis of Helmerich Correlation against competitors.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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When running Helmerich's price analysis, check to measure Helmerich'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 Helmerich is operating at the current time. Most of Helmerich's value examination focuses on studying past and present price action to predict the probability of Helmerich's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Helmerich's price. Additionally, you may evaluate how the addition of Helmerich to your portfolios can decrease your overall portfolio volatility.
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Is Helmerich'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 Helmerich. If investors know Helmerich 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 Helmerich 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
(0.46)
Dividend Share
1
Earnings Share
3.49
Revenue Per Share
27.592
Quarterly Revenue Growth
(0.11)
The market value of Helmerich and Payne is measured differently than its book value, which is the value of Helmerich that is recorded on the company's balance sheet. Investors also form their own opinion of Helmerich's value that differs from its market value or its book value, called intrinsic value, which is Helmerich'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 Helmerich's market value can be influenced by many factors that don't directly affect Helmerich'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 Helmerich's value and its price as these two are different measures arrived at by different means. Investors typically determine if Helmerich is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Helmerich'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.