Red Fixed Asset Turnover from 2010 to 2024

RDVT Stock  USD 38.76  1.11  2.95%   
Red Violet Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to 10.62 in 2024. From the period from 2010 to 2024, Red Violet Fixed Asset Turnover quarterly data regression had r-value of  0.74 and coefficient of variation of  70.70. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
19.74549032
Current Value
10.62
Quarterly Volatility
7.67254745
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Red Violet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Red Violet's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 423.8 K or Selling General Administrative of 18.3 M, as well as many indicators such as Price To Sales Ratio of 4.4, Dividend Yield of 0.0 or PTB Ratio of 3.08. Red financial statements analysis is a perfect complement when working with Red Violet Valuation or Volatility modules.
  
Check out the analysis of Red Violet Correlation against competitors.
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Latest Red Violet's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Red Violet over the last few years. It is Red Violet's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Red Violet'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  

Red Fixed Asset Turnover Regression Statistics

Arithmetic Mean10.85
Geometric Mean8.82
Coefficient Of Variation70.70
Mean Deviation6.17
Median7.86
Standard Deviation7.67
Sample Variance58.87
Range24.3894
R-Value0.74
Mean Square Error28.40
R-Squared0.55
Significance0
Slope1.27
Total Sum of Squares824.15

Red Fixed Asset Turnover History

2024 10.62
2023 19.75
2022 29.25
2021 19.67
2020 12.72
2019 9.23
2018 19.13

About Red Violet Financial Statements

Red Violet shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Red Violet investors may analyze each financial statement separately, they are all interrelated. The changes in Red Violet's assets and liabilities, for example, are also reflected in the revenues and expenses on on Red Violet'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
Fixed Asset Turnover 19.75  10.62 

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Additional Tools for Red Stock Analysis

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