Porch Fixed Asset Turnover from 2010 to 2024

PRCH Stock  USD 3.66  0.07  1.88%   
Porch's Fixed Asset Turnover is increasing with slightly volatile movements from year to year. Fixed Asset Turnover is predicted to flatten to 12.14. For the period between 2010 and 2024, Porch, Fixed Asset Turnover quarterly trend regression had mean deviation of  3.76 and range of 13.4019. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
21.44005979
Current Value
12.14
Quarterly Volatility
4.51900483
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Porch financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Porch's main balance sheet or income statement drivers, such as Interest Expense of 33.4 M, Income Tax Expense of 653.1 K or Tax Provision of 638.4 K, as well as many indicators such as Price To Sales Ratio of 0.65, Dividend Yield of 0.0462 or Days Sales Outstanding of 143. Porch financial statements analysis is a perfect complement when working with Porch Valuation or Volatility modules.
  
Check out the analysis of Porch Correlation against competitors.

Latest Porch's Fixed Asset Turnover Growth Pattern

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

Porch Fixed Asset Turnover Regression Statistics

Arithmetic Mean11.17
Geometric Mean10.46
Coefficient Of Variation40.46
Mean Deviation3.76
Median8.04
Standard Deviation4.52
Sample Variance20.42
Range13.4019
R-Value0.78
Mean Square Error8.63
R-Squared0.61
Significance0.0006
Slope0.79
Total Sum of Squares285.90

Porch Fixed Asset Turnover History

2024 12.14
2023 21.44
2022 16.78
2021 17.23
2020 15.94
2019 11.65

About Porch Financial Statements

Investors use fundamental indicators, such as Porch's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Porch'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
Fixed Asset Turnover 21.44  12.14 

Currently Active Assets on Macroaxis

When determining whether Porch Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Porch'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 Porch Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Porch Group Stock:
Check out the analysis of Porch Correlation against competitors.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Application Software 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 Porch. If investors know Porch 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 Porch listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.66)
Revenue Per Share
4.589
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.06)
Return On Equity
(153.11)
The market value of Porch Group is measured differently than its book value, which is the value of Porch that is recorded on the company's balance sheet. Investors also form their own opinion of Porch's value that differs from its market value or its book value, called intrinsic value, which is Porch'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 Porch's market value can be influenced by many factors that don't directly affect Porch'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 Porch's value and its price as these two are different measures arrived at by different means. Investors typically determine if Porch is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Porch'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.