ITT Fixed Asset Turnover from 2010 to 2024

ITT Stock  USD 128.31  3.82  3.07%   
ITT Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to 5.00 in 2024. From the period from 2010 to 2024, ITT Fixed Asset Turnover quarterly data regression had r-value of (0.35) and coefficient of variation of  10.20. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
5.06323257
Current Value
5
Quarterly Volatility
0.55103845
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ITT financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ITT main balance sheet or income statement drivers, such as Depreciation And Amortization of 158.4 M, Interest Expense of 9.9 M or Total Revenue of 4.7 B, as well as many exotic indicators such as Price To Sales Ratio of 3.14, Dividend Yield of 0.0093 or PTB Ratio of 4.08. ITT financial statements analysis is a perfect complement when working with ITT Valuation or Volatility modules.
  
This module can also supplement ITT's financial leverage analysis and stock options assessment as well as various ITT Technical models . Check out the analysis of ITT Correlation against competitors.

Latest ITT's Fixed Asset Turnover Growth Pattern

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

ITT Fixed Asset Turnover Regression Statistics

Arithmetic Mean5.40
Geometric Mean5.38
Coefficient Of Variation10.20
Mean Deviation0.43
Median5.36
Standard Deviation0.55
Sample Variance0.30
Range2.1219
R-Value(0.35)
Mean Square Error0.29
R-Squared0.12
Significance0.20
Slope(0.04)
Total Sum of Squares4.25

ITT Fixed Asset Turnover History

2024 5.0
2023 5.06
2022 5.67
2021 5.43
2020 4.72
2019 5.36
2018 5.29

About ITT Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include ITT income statement, its balance sheet, and the statement of cash flows. ITT investors use historical funamental indicators, such as ITT's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although ITT investors may use each financial statement separately, they are all related. The changes in ITT's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ITT'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 ITT Financial Statements. Understanding these patterns can help to make the right decision on long term investment in ITT. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 5.06  5.00 

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When determining whether ITT Inc 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 ITT 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 Itt Inc Stock. Highlighted below are key reports to facilitate an investment decision about Itt Inc Stock:
Check out the analysis of ITT Correlation against competitors.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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When running ITT's price analysis, check to measure ITT'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 ITT is operating at the current time. Most of ITT's value examination focuses on studying past and present price action to predict the probability of ITT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ITT's price. Additionally, you may evaluate how the addition of ITT to your portfolios can decrease your overall portfolio volatility.
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Is ITT'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 ITT. If investors know ITT 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 ITT 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
0.117
Dividend Share
1.189
Earnings Share
5.11
Revenue Per Share
41.31
Quarterly Revenue Growth
0.141
The market value of ITT Inc is measured differently than its book value, which is the value of ITT that is recorded on the company's balance sheet. Investors also form their own opinion of ITT's value that differs from its market value or its book value, called intrinsic value, which is ITT'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 ITT's market value can be influenced by many factors that don't directly affect ITT'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 ITT's value and its price as these two are different measures arrived at by different means. Investors typically determine if ITT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ITT'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.