Alpha Fixed Asset Turnover from 2010 to 2024

ATGL Stock   9.57  0.13  1.34%   
Alpha Technology Fixed Asset Turnover yearly trend continues to be quite stable with very little volatility. Fixed Asset Turnover may rise above 37.02 this year. From the period between 2010 and 2024, Alpha Technology, Fixed Asset Turnover regression line of its data series had standard deviation of  12.94 and standard deviation of  12.94. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
35.26
Current Value
37.02
Quarterly Volatility
12.94406549
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Alpha Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alpha Technology's main balance sheet or income statement drivers, such as Tax Provision of 304.8 K, Depreciation And Amortization of 930 K or Interest Expense of 76.6 K, as well as many indicators such as Price To Sales Ratio of 111, Dividend Yield of 0.0 or PTB Ratio of 25.2. Alpha financial statements analysis is a perfect complement when working with Alpha Technology Valuation or Volatility modules.
  
Check out the analysis of Alpha Technology Correlation against competitors.

Latest Alpha Technology's Fixed Asset Turnover Growth Pattern

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

Alpha Fixed Asset Turnover Regression Statistics

Arithmetic Mean12.27
Geometric Mean8.60
Coefficient Of Variation105.53
Mean Deviation9.95
Median5.70
Standard Deviation12.94
Sample Variance167.55
Range33.4736
R-Value0.72
Mean Square Error87.83
R-Squared0.51
Significance0
Slope2.07
Total Sum of Squares2,346

Alpha Fixed Asset Turnover History

2024 37.02
2023 35.26
2022 39.17
2021 9.85

About Alpha Technology Financial Statements

Alpha Technology investors utilize fundamental indicators, such as Fixed Asset Turnover, to predict how Alpha Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 35.26  37.02 

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When determining whether Alpha Technology is a strong investment it is important to analyze Alpha Technology'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 Alpha Technology's future performance. For an informed investment choice regarding Alpha Stock, refer to the following important reports:
Check out the analysis of Alpha Technology Correlation against competitors.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is IT Consulting & Other Services space 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 Alpha Technology. If investors know Alpha 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 Alpha Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.08)
Revenue Per Share
0.448
Quarterly Revenue Growth
0.087
Return On Assets
(0.10)
Return On Equity
(0.25)
The market value of Alpha Technology is measured differently than its book value, which is the value of Alpha that is recorded on the company's balance sheet. Investors also form their own opinion of Alpha Technology's value that differs from its market value or its book value, called intrinsic value, which is Alpha Technology'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 Alpha Technology's market value can be influenced by many factors that don't directly affect Alpha Technology'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 Alpha Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alpha Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alpha Technology'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.