Pioneer Asset Turnover from 2010 to 2024

MHI Stock  USD 9.62  0.04  0.42%   
Pioneer Municipal's Asset Turnover is decreasing with slightly volatile movements from year to year. Asset Turnover is estimated to finish at -0.0026 this year. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently Pioneer Municipal High uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
(0)
Current Value
(0)
Quarterly Volatility
0.04672406
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Pioneer Municipal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pioneer Municipal's main balance sheet or income statement drivers, such as Interest Expense of 3.5 M, Selling General Administrative of 1.2 M or Operating Income of 4.4 M, as well as many indicators such as Dividend Yield of 0.0543, Ptb Ratio of 0.68 or Book Value Per Share of 15.73. Pioneer financial statements analysis is a perfect complement when working with Pioneer Municipal Valuation or Volatility modules.
  
Check out the analysis of Pioneer Municipal Correlation against competitors.

Latest Pioneer Municipal's Asset Turnover Growth Pattern

Below is the plot of the Asset Turnover of Pioneer Municipal High 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. Pioneer Municipal's Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Pioneer Municipal'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  

Pioneer Asset Turnover Regression Statistics

Arithmetic Mean0.03
Geometric Mean0.03
Coefficient Of Variation146.24
Mean Deviation0.04
Median0.05
Standard Deviation0.05
Sample Variance0
Range0.1743
R-Value(0.68)
Mean Square Error0
R-Squared0.46
Significance0.01
Slope(0.01)
Total Sum of Squares0.03

Pioneer Asset Turnover History

2024 -0.002626
2023 -0.002765
2022 -0.0118
2021 -0.1
2020 0.0743
2019 0.0143
2018 0.0523

Other Fundumenentals of Pioneer Municipal High

Pioneer Municipal Asset Turnover component correlations

About Pioneer Municipal Financial Statements

Investors use fundamental indicators, such as Pioneer Municipal's Asset Turnover, to determine how well the company is positioned to perform in the future. Although Pioneer Municipal's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year

Currently Active Assets on Macroaxis

When determining whether Pioneer Municipal High offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Pioneer Municipal's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pioneer Municipal High Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pioneer Municipal High Stock:
Check out the analysis of Pioneer Municipal Correlation against competitors.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Asset Management & Custody Banks 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 Pioneer Municipal. If investors know Pioneer 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 Pioneer Municipal 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
(0.07)
Dividend Share
0.359
Revenue Per Share
0.754
Quarterly Revenue Growth
0.044
Return On Assets
0.028
The market value of Pioneer Municipal High is measured differently than its book value, which is the value of Pioneer that is recorded on the company's balance sheet. Investors also form their own opinion of Pioneer Municipal's value that differs from its market value or its book value, called intrinsic value, which is Pioneer Municipal'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 Pioneer Municipal's market value can be influenced by many factors that don't directly affect Pioneer Municipal'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 Pioneer Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pioneer Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pioneer Municipal'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.