Scotts Fixed Asset Turnover from 2010 to 2024

SMG Stock  USD 68.54  0.08  0.12%   
Scotts Miracle's Fixed Asset Turnover is decreasing over the last several years with very volatile swings. Fixed Asset Turnover is predicted to flatten to 4.96. During the period from 2010 to 2024 Scotts Miracle Gro Fixed Asset Turnover regressed destribution of quarterly values had coefficient of variationof  16.09 and r-value of (0.01). View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
5.24
Current Value
4.96
Quarterly Volatility
0.97467028
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Scotts Miracle financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Scotts main balance sheet or income statement drivers, such as Depreciation And Amortization of 65.2 M, Total Revenue of 2.5 B or Gross Profit of 842.5 M, as well as many exotic indicators such as Price To Sales Ratio of 0.82, Dividend Yield of 0.0259 or Days Sales Outstanding of 51.82. Scotts financial statements analysis is a perfect complement when working with Scotts Miracle Valuation or Volatility modules.
  
This module can also supplement Scotts Miracle's financial leverage analysis and stock options assessment as well as various Scotts Miracle Technical models . Check out the analysis of Scotts Miracle Correlation against competitors.

Latest Scotts Miracle's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Scotts Miracle Gro over the last few years. It is Scotts Miracle's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Scotts Miracle's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Very volatile
   Fixed Asset Turnover   
       Timeline  

Scotts Fixed Asset Turnover Regression Statistics

Arithmetic Mean6.06
Geometric Mean5.98
Coefficient Of Variation16.09
Mean Deviation0.77
Median6.02
Standard Deviation0.97
Sample Variance0.95
Range3.714
R-Value(0.01)
Mean Square Error1.02
R-Squared0.0001
Significance0.97
Slope(0)
Total Sum of Squares13.30

Scotts Fixed Asset Turnover History

2024 4.96
2023 5.24
2022 5.82
2021 6.48
2020 7.92
2019 7.38
2018 5.78

About Scotts Miracle Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Scotts Miracle income statement, its balance sheet, and the statement of cash flows. Scotts Miracle investors use historical funamental indicators, such as Scotts Miracle's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Scotts Miracle investors may use each financial statement separately, they are all related. The changes in Scotts Miracle's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Scotts Miracle'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 Scotts Miracle Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Scotts Miracle. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 5.24  4.96 

Scotts Miracle Investors Sentiment

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

Currently Active Assets on Macroaxis

When determining whether Scotts Miracle Gro is a strong investment it is important to analyze Scotts Miracle'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 Scotts Miracle's future performance. For an informed investment choice regarding Scotts Stock, refer to the following important reports:
Check out the analysis of Scotts Miracle Correlation against competitors.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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When running Scotts Miracle's price analysis, check to measure Scotts Miracle'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 Scotts Miracle is operating at the current time. Most of Scotts Miracle's value examination focuses on studying past and present price action to predict the probability of Scotts Miracle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scotts Miracle's price. Additionally, you may evaluate how the addition of Scotts Miracle to your portfolios can decrease your overall portfolio volatility.
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Is Scotts Miracle'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 Scotts Miracle. If investors know Scotts 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 Scotts Miracle 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
(0.61)
Dividend Share
2.64
Earnings Share
(7.04)
Revenue Per Share
61.014
Quarterly Revenue Growth
(0.22)
The market value of Scotts Miracle Gro is measured differently than its book value, which is the value of Scotts that is recorded on the company's balance sheet. Investors also form their own opinion of Scotts Miracle's value that differs from its market value or its book value, called intrinsic value, which is Scotts Miracle'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 Scotts Miracle's market value can be influenced by many factors that don't directly affect Scotts Miracle'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 Scotts Miracle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Scotts Miracle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scotts Miracle'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.