North Asset Turnover from 2010 to 2024

NRT Stock  USD 3.99  0.04  1.01%   
North European 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 North European Oil uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
25.06
Current Value
26.31
Quarterly Volatility
8.80754639
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check North European financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among North European's main balance sheet or income statement drivers, such as Interest Expense of 548, Total Revenue of 17.5 M or Gross Profit of 17.3 M, as well as many indicators such as Price To Sales Ratio of 4.95, Dividend Yield of 0.26 or PTB Ratio of 138. North financial statements analysis is a perfect complement when working with North European Valuation or Volatility modules.
  
Check out the analysis of North European Correlation against competitors.

Latest North European's Asset Turnover Growth Pattern

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

North Asset Turnover Regression Statistics

Arithmetic Mean9.58
Geometric Mean7.11
Coefficient Of Variation91.91
Mean Deviation6.73
Median6.23
Standard Deviation8.81
Sample Variance77.57
Range26.0036
R-Value0.63
Mean Square Error49.95
R-Squared0.40
Significance0.01
Slope1.25
Total Sum of Squares1,086

North Asset Turnover History

2024 26.31
2023 25.06
2022 27.84
2021 1.84
2020 3.27
2015 6.23

Other Fundumenentals of North European Oil

North European Asset Turnover component correlations

About North European Financial Statements

North European shareholders use historical fundamental indicators, such as Asset Turnover, to determine how well the company is positioned to perform in the future. Although North European investors may analyze each financial statement separately, they are all interrelated. The changes in North European's assets and liabilities, for example, are also reflected in the revenues and expenses on on North European'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
Asset Turnover 25.06  26.31 

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Additional Tools for North Stock Analysis

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