Lithia Fixed Asset Turnover from 2010 to 2024

LAD Stock  USD 386.16  4.83  1.24%   
Lithia Motors' Fixed Asset Turnover is decreasing over the years with slightly volatile fluctuation. Overall, Fixed Asset Turnover is expected to go to 12.88 this year. During the period from 2010 to 2024 Lithia Motors Fixed Asset Turnover annual values regression line had geometric mean of  8.80 and mean square error of  49.44. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
6.95984485
Current Value
12.88
Quarterly Volatility
7.29153955
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Lithia Motors financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Lithia Motors' main balance sheet or income statement drivers, such as Depreciation And Amortization of 277.8 M, Interest Expense of 369.7 M or Total Revenue of 32.6 B, as well as many indicators such as Price To Sales Ratio of 0.2, Dividend Yield of 0.0055 or PTB Ratio of 1.38. Lithia financial statements analysis is a perfect complement when working with Lithia Motors Valuation or Volatility modules.
  
Check out the analysis of Lithia Motors Correlation against competitors.
For information on how to trade Lithia Stock refer to our How to Trade Lithia Stock guide.

Latest Lithia Motors' Fixed Asset Turnover Growth Pattern

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

Lithia Fixed Asset Turnover Regression Statistics

Arithmetic Mean9.93
Geometric Mean8.80
Coefficient Of Variation73.43
Mean Deviation3.83
Median7.90
Standard Deviation7.29
Sample Variance53.17
Range29.7151
R-Value(0.37)
Mean Square Error49.44
R-Squared0.14
Significance0.18
Slope(0.60)
Total Sum of Squares744.33

Lithia Fixed Asset Turnover History

2024 12.88
2023 6.96
2022 7.9
2021 7.48
2020 5.97
2019 7.86
2018 8.16

About Lithia Motors Financial Statements

Lithia Motors stakeholders use historical fundamental indicators, such as Lithia Motors' Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Lithia Motors investors may analyze each financial statement separately, they are all interrelated. For example, changes in Lithia Motors' assets and liabilities are reflected in the revenues and expenses on Lithia Motors' 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 Lithia Motors. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 6.96  12.88 

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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 Lithia Motors is a strong investment it is important to analyze Lithia Motors' 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 Lithia Motors' future performance. For an informed investment choice regarding Lithia Stock, refer to the following important reports:
Check out the analysis of Lithia Motors Correlation against competitors.
For information on how to trade Lithia Stock refer to our How to Trade Lithia Stock guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Automotive Retail 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 Lithia Motors. If investors know Lithia 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 Lithia Motors 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
(0.17)
Dividend Share
2.09
Earnings Share
29.27
Revenue Per Share
1.3 K
Quarterly Revenue Growth
0.114
The market value of Lithia Motors is measured differently than its book value, which is the value of Lithia that is recorded on the company's balance sheet. Investors also form their own opinion of Lithia Motors' value that differs from its market value or its book value, called intrinsic value, which is Lithia Motors' 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 Lithia Motors' market value can be influenced by many factors that don't directly affect Lithia Motors' 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 Lithia Motors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lithia Motors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lithia Motors' 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.