Forge Fixed Asset Turnover from 2010 to 2024

FRGE Stock  USD 1.09  0.02  1.87%   
Forge Global's Fixed Asset Turnover is increasing over the years with slightly volatile fluctuation. Fixed Asset Turnover is expected to dwindle to 6.80. During the period from 2010 to 2024 Forge Global Fixed Asset Turnover annual values regression line had geometric mean of  4.83 and mean square error of  8.20. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
7.34957895
Current Value
6.8
Quarterly Volatility
3.4780288
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Forge Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forge Global's main balance sheet or income statement drivers, such as Tax Provision of 934.5 K, Net Interest Income of 6.4 M or Depreciation And Amortization of 7.5 M, as well as many indicators such as Price To Sales Ratio of 8.09, Dividend Yield of 1.0E-4 or PTB Ratio of 2.14. Forge financial statements analysis is a perfect complement when working with Forge Global Valuation or Volatility modules.
  
Check out the analysis of Forge Global Correlation against competitors.

Latest Forge Global's Fixed Asset Turnover Growth Pattern

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

Forge Fixed Asset Turnover Regression Statistics

Arithmetic Mean5.48
Geometric Mean4.83
Coefficient Of Variation63.42
Mean Deviation2.51
Median3.66
Standard Deviation3.48
Sample Variance12.10
Range11.621
R-Value0.61
Mean Square Error8.20
R-Squared0.37
Significance0.02
Slope0.47
Total Sum of Squares169.35

Forge Fixed Asset Turnover History

2024 6.8
2023 7.35
2022 11.36
2021 15.28
2020 4.83

About Forge Global Financial Statements

Forge Global stakeholders use historical fundamental indicators, such as Forge Global's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Forge Global investors may analyze each financial statement separately, they are all interrelated. For example, changes in Forge Global's assets and liabilities are reflected in the revenues and expenses on Forge 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 Forge Global Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 7.35  6.80 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Forge Global Holdings is a strong investment it is important to analyze Forge 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 Forge Global's future performance. For an informed investment choice regarding Forge Stock, refer to the following important reports:
Check out the analysis of Forge Global Correlation against competitors.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Application Software 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 Forge Global. If investors know Forge 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 Forge Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.43)
Revenue Per Share
0.443
Quarterly Revenue Growth
0.035
Return On Assets
(0.18)
Return On Equity
(0.30)
The market value of Forge Global Holdings is measured differently than its book value, which is the value of Forge that is recorded on the company's balance sheet. Investors also form their own opinion of Forge Global's value that differs from its market value or its book value, called intrinsic value, which is Forge 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 Forge Global's market value can be influenced by many factors that don't directly affect Forge 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 Forge Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forge Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forge 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.