Nutanix Fixed Asset Turnover from 2010 to 2024

NTNX Stock  USD 65.28  1.42  2.13%   
Nutanix Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 6.78 in 2024. During the period from 2010 to 2024, Nutanix Fixed Asset Turnover regression line of annual values had r-squared of  0.08 and arithmetic mean of  7.65. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
8.75948686
Current Value
6.78
Quarterly Volatility
3.31678205
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nutanix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nutanix's main balance sheet or income statement drivers, such as Depreciation And Amortization of 68.8 M, Interest Expense of 177.8 M or Selling General Administrative of 114.5 M, as well as many indicators such as Price To Sales Ratio of 5.47, Dividend Yield of 0.0 or Days Sales Outstanding of 73.15. Nutanix financial statements analysis is a perfect complement when working with Nutanix Valuation or Volatility modules.
  
Check out the analysis of Nutanix Correlation against competitors.
For more information on how to buy Nutanix Stock please use our How to Invest in Nutanix guide.

Latest Nutanix's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Nutanix over the last few years. It is Nutanix's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nutanix's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Pretty Stable
   Fixed Asset Turnover   
       Timeline  

Nutanix Fixed Asset Turnover Regression Statistics

Arithmetic Mean7.65
Geometric Mean6.92
Coefficient Of Variation43.33
Mean Deviation2.63
Median7.75
Standard Deviation3.32
Sample Variance11.00
Range10.3973
R-Value0.29
Mean Square Error10.88
R-Squared0.08
Significance0.30
Slope0.21
Total Sum of Squares154.01

Nutanix Fixed Asset Turnover History

2024 6.78
2023 8.76
2022 9.07
2021 6.81
2020 5.87
2019 4.83
2018 9.03

About Nutanix Financial Statements

Nutanix investors use historical fundamental indicators, such as Nutanix's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Nutanix. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 8.76  6.78 

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Additional Tools for Nutanix Stock Analysis

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