Strong Fixed Asset Turnover from 2010 to 2024

SGE Stock   1.39  0.04  2.80%   
Strong Global's Fixed Asset Turnover is decreasing over the years with stable fluctuation. Fixed Asset Turnover is expected to dwindle to 1.48. During the period from 2010 to 2024 Strong Global Fixed Asset Turnover annual values regression line had geometric mean of  3.52 and mean square error of  1.08. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
1.56076984
Current Value
1.48
Quarterly Volatility
1.03712906
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Strong Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Strong Global's main balance sheet or income statement drivers, such as Tax Provision of 498.6 K, Interest Income of 266.8 K or Depreciation And Amortization of 842.7 K, as well as many indicators such as Price To Sales Ratio of 1.0, Dividend Yield of 0.0 or PTB Ratio of 2.42. Strong financial statements analysis is a perfect complement when working with Strong Global Valuation or Volatility modules.
  
Check out the analysis of Strong Global Correlation against competitors.

Latest Strong Global's Fixed Asset Turnover Growth Pattern

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

Strong Fixed Asset Turnover Regression Statistics

Arithmetic Mean3.71
Geometric Mean3.52
Coefficient Of Variation27.98
Mean Deviation0.58
Median3.82
Standard Deviation1.04
Sample Variance1.08
Range4.3062
R-Value(0.26)
Mean Square Error1.08
R-Squared0.07
Significance0.36
Slope(0.06)
Total Sum of Squares15.06

Strong Fixed Asset Turnover History

2024 1.48
2023 1.56
2022 5.79
2021 4.72

About Strong Global Financial Statements

Strong Global stakeholders use historical fundamental indicators, such as Strong Global's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Strong Global investors may analyze each financial statement separately, they are all interrelated. For example, changes in Strong Global's assets and liabilities are reflected in the revenues and expenses on Strong Global's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Strong Global Entertainment,. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 1.56  1.48 

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Additional Information and Resources on Investing in Strong Stock

When determining whether Strong Global Entert is a strong investment it is important to analyze Strong Global'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 Strong Global's future performance. For an informed investment choice regarding Strong Stock, refer to the following important reports:
Check out the analysis of Strong Global Correlation against competitors.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Technology Hardware, Storage & Peripherals 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 Strong Global. If investors know Strong 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 Strong Global 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
(0.96)
Earnings Share
0.52
Revenue Per Share
5.83
Quarterly Revenue Growth
0.187
Return On Assets
0.0155
The market value of Strong Global Entert is measured differently than its book value, which is the value of Strong that is recorded on the company's balance sheet. Investors also form their own opinion of Strong Global's value that differs from its market value or its book value, called intrinsic value, which is Strong Global'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 Strong Global's market value can be influenced by many factors that don't directly affect Strong Global'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 Strong Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Strong Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Strong Global'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.