PPG Fixed Asset Turnover from 2010 to 2024
PPG Stock | USD 124.37 0.92 0.75% |
Fixed Asset Turnover | First Reported 2010-12-31 | Previous Quarter 4.07640751 | Current Value 2.85 | Quarterly Volatility 1.09973044 |
Check PPG Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PPG Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 461.7 M, Interest Expense of 259.4 M or Total Revenue of 11.6 B, as well as many indicators such as Price To Sales Ratio of 1.05, Dividend Yield of 0.0283 or PTB Ratio of 2.45. PPG financial statements analysis is a perfect complement when working with PPG Industries Valuation or Volatility modules.
PPG | Fixed Asset Turnover |
Latest PPG Industries' Fixed Asset Turnover Growth Pattern
Below is the plot of the Fixed Asset Turnover of PPG Industries over the last few years. It is PPG Industries' Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in PPG Industries' overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover | 10 Years Trend |
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Fixed Asset Turnover |
Timeline |
PPG Fixed Asset Turnover Regression Statistics
Arithmetic Mean | 4.43 | |
Geometric Mean | 4.26 | |
Coefficient Of Variation | 24.85 | |
Mean Deviation | 0.89 | |
Median | 4.97 | |
Standard Deviation | 1.10 | |
Sample Variance | 1.21 | |
Range | 3.7276 | |
R-Value | (0.26) | |
Mean Square Error | 1.22 | |
R-Squared | 0.07 | |
Significance | 0.35 | |
Slope | (0.06) | |
Total Sum of Squares | 16.93 |
PPG Fixed Asset Turnover History
About PPG Industries Financial Statements
PPG Industries stakeholders use historical fundamental indicators, such as PPG Industries' Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although PPG Industries investors may analyze each financial statement separately, they are all interrelated. For example, changes in PPG Industries' assets and liabilities are reflected in the revenues and expenses on PPG Industries' 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 PPG Industries. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Fixed Asset Turnover | 4.08 | 2.85 |
Currently Active Assets on Macroaxis
When determining whether PPG Industries is a strong investment it is important to analyze PPG Industries' 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 PPG Industries' future performance. For an informed investment choice regarding PPG Stock, refer to the following important reports:Check out the analysis of PPG Industries Correlation against competitors. For more detail on how to invest in PPG Stock please use our How to Invest in PPG Industries guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Specialty Chemicals 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 PPG Industries. If investors know PPG 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 PPG Industries 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 0.117 | Dividend Share 2.63 | Earnings Share 6.31 | Revenue Per Share 76.764 | Quarterly Revenue Growth (0.01) |
The market value of PPG Industries is measured differently than its book value, which is the value of PPG that is recorded on the company's balance sheet. Investors also form their own opinion of PPG Industries' value that differs from its market value or its book value, called intrinsic value, which is PPG Industries' 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 PPG Industries' market value can be influenced by many factors that don't directly affect PPG Industries' 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 PPG Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if PPG Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PPG Industries' 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.