AbbVie Fixed Asset Turnover from 2010 to 2024

ABBV Stock  USD 171.09  3.34  1.91%   
AbbVie Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 7.60 in 2024. During the period from 2010 to 2024, AbbVie Fixed Asset Turnover regression line of quarterly data had mean square error of  1.77 and geometric mean of  9.24. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
10.88755262
Current Value
7.6
Quarterly Volatility
1.60839217
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check AbbVie financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AbbVie's main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.1 B, Interest Expense of 1.1 B or Selling General Administrative of 7.8 B, as well as many indicators such as Price To Sales Ratio of 3.39, Dividend Yield of 0.0289 or PTB Ratio of 17.2. AbbVie financial statements analysis is a perfect complement when working with AbbVie Valuation or Volatility modules.
  
Check out the analysis of AbbVie Correlation against competitors.

Latest AbbVie's Fixed Asset Turnover Growth Pattern

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

AbbVie Fixed Asset Turnover Regression Statistics

Arithmetic Mean9.37
Geometric Mean9.24
Coefficient Of Variation17.17
Mean Deviation1.41
Median8.91
Standard Deviation1.61
Sample Variance2.59
Range5.1306
R-Value0.60
Mean Square Error1.77
R-Squared0.36
Significance0.02
Slope0.22
Total Sum of Squares36.22

AbbVie Fixed Asset Turnover History

2024 7.6
2023 10.89
2022 11.76
2021 11.0
2020 8.73
2019 11.23
2018 11.36

About AbbVie Financial Statements

AbbVie investors use historical fundamental indicators, such as AbbVie's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in AbbVie. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 10.89  7.60 

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Additional Tools for AbbVie Stock Analysis

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