Lotus Asset Turnover from 2010 to 2024

LOT Stock   4.03  0.12  3.07%   
Lotus Technology Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Asset Turnover is likely to outpace its year average in 2024. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently Lotus Technology American uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.42848326
Current Value
0.45
Quarterly Volatility
0.15029189
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Lotus Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Lotus Technology's main balance sheet or income statement drivers, such as Tax Provision of 868.8 K, Interest Income of 10.1 M or Depreciation And Amortization of 31.3 M, as well as many indicators such as Price To Sales Ratio of 10.22, Dividend Yield of 0.0039 or Days Sales Outstanding of 50.6. Lotus financial statements analysis is a perfect complement when working with Lotus Technology Valuation or Volatility modules.
  
Check out the analysis of Lotus Technology Correlation against competitors.

Latest Lotus Technology's Asset Turnover Growth Pattern

Below is the plot of the Asset Turnover of Lotus Technology American over the last few years. It is the ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales. Lotus Technology's Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Lotus Technology's overall financial position and show how it may be relating to other accounts over time.
Asset Turnover10 Years Trend
Slightly volatile
   Asset Turnover   
       Timeline  

Lotus Asset Turnover Regression Statistics

Arithmetic Mean0.07
Geometric Mean0.02
Coefficient Of Variation217.11
Mean Deviation0.1
Median0.01
Standard Deviation0.15
Sample Variance0.02
Range0.4439
R-Value0.59
Mean Square Error0.02
R-Squared0.34
Significance0.02
Slope0.02
Total Sum of Squares0.32

Lotus Asset Turnover History

2024 0.45
2023 0.43
2022 0.006054

Other Fundumenentals of Lotus Technology American

Lotus Technology Asset Turnover component correlations

-0.780.680.26-0.940.590.750.320.98-0.890.941.0-0.79-0.880.950.441.00.63
-0.78-0.07-0.810.95-0.97-1.00.34-0.850.98-0.91-0.790.960.98-0.9-0.67-0.79-0.91
0.68-0.07-0.52-0.39-0.180.040.910.55-0.280.410.66-0.19-0.270.440.030.640.01
0.26-0.81-0.52-0.570.930.83-0.830.39-0.670.520.28-0.72-0.680.490.60.290.79
-0.940.95-0.39-0.57-0.83-0.930.01-0.960.99-0.97-0.940.940.99-0.97-0.63-0.94-0.84
0.59-0.97-0.180.93-0.830.98-0.570.69-0.890.770.6-0.91-0.90.760.70.610.92
0.75-1.00.040.83-0.930.98-0.370.82-0.970.880.76-0.96-0.970.870.710.760.93
0.320.340.91-0.830.01-0.57-0.370.180.140.020.30.210.150.05-0.260.28-0.37
0.98-0.850.550.39-0.960.690.820.18-0.930.990.99-0.82-0.930.990.420.990.67
-0.890.98-0.28-0.670.99-0.89-0.970.14-0.93-0.95-0.890.961.0-0.95-0.67-0.89-0.89
0.94-0.910.410.52-0.970.770.880.020.99-0.950.95-0.84-0.951.00.420.960.71
1.0-0.790.660.28-0.940.60.760.30.99-0.890.95-0.79-0.890.960.421.00.63
-0.790.96-0.19-0.720.94-0.91-0.960.21-0.820.96-0.84-0.790.96-0.84-0.84-0.78-0.97
-0.880.98-0.27-0.680.99-0.9-0.970.15-0.931.0-0.95-0.890.96-0.95-0.66-0.89-0.89
0.95-0.90.440.49-0.970.760.870.050.99-0.951.00.96-0.84-0.950.430.970.71
0.44-0.670.030.6-0.630.70.71-0.260.42-0.670.420.42-0.84-0.660.430.40.92
1.0-0.790.640.29-0.940.610.760.280.99-0.890.961.0-0.78-0.890.970.40.62
0.63-0.910.010.79-0.840.920.93-0.370.67-0.890.710.63-0.97-0.890.710.920.62
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About Lotus Technology Financial Statements

Lotus Technology shareholders use historical fundamental indicators, such as Asset Turnover, to determine how well the company is positioned to perform in the future. Although Lotus Technology investors may analyze each financial statement separately, they are all interrelated. The changes in Lotus Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Lotus Technology's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 1.29  1.35 
Asset Turnover 0.43  0.45 

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Additional Tools for Lotus Stock Analysis

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