Resideo Fixed Asset Turnover from 2010 to 2024

REZI Stock  USD 27.18  0.04  0.15%   
Resideo Technologies' Fixed Asset Turnover is decreasing with stable movements from year to year. Fixed Asset Turnover is estimated to finish at 17.94 this year. For the period between 2010 and 2024, Resideo Technologies, Fixed Asset Turnover quarterly trend regression had mean deviation of  1.11 and range of 9.6443. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
10.72508591
Current Value
17.94
Quarterly Volatility
1.96480387
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Resideo Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Resideo Technologies' main balance sheet or income statement drivers, such as Tax Provision of 85.5 M, Interest Income of 83.3 M or Depreciation And Amortization of 85.8 M, as well as many indicators such as Price To Sales Ratio of 0.64, Dividend Yield of 0.0 or PTB Ratio of 1.39. Resideo financial statements analysis is a perfect complement when working with Resideo Technologies Valuation or Volatility modules.
  
Check out the analysis of Resideo Technologies Correlation against competitors.
For more detail on how to invest in Resideo Stock please use our How to Invest in Resideo Technologies guide.

Latest Resideo Technologies' Fixed Asset Turnover Growth Pattern

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

Resideo Fixed Asset Turnover Regression Statistics

Arithmetic Mean16.72
Geometric Mean16.59
Coefficient Of Variation11.75
Mean Deviation1.11
Median17.07
Standard Deviation1.96
Sample Variance3.86
Range9.6443
R-Value(0.20)
Mean Square Error4.00
R-Squared0.04
Significance0.49
Slope(0.09)
Total Sum of Squares54.05

Resideo Fixed Asset Turnover History

2024 17.94
2023 10.73
2022 17.4
2021 20.37
2020 15.95
2019 15.78
2018 16.09

About Resideo Technologies Financial Statements

Investors use fundamental indicators, such as Resideo Technologies' Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Resideo Technologies' 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 10.73  17.94 

Currently Active Assets on Macroaxis

When determining whether Resideo Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Resideo Technologies' 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 Resideo Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Resideo Technologies Stock:
Check out the analysis of Resideo Technologies Correlation against competitors.
For more detail on how to invest in Resideo Stock please use our How to Invest in Resideo Technologies guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Building Products 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 Resideo Technologies. If investors know Resideo 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 Resideo Technologies 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
(0.50)
Earnings Share
1.09
Revenue Per Share
44.034
Quarterly Revenue Growth
0.176
Return On Assets
0.0496
The market value of Resideo Technologies is measured differently than its book value, which is the value of Resideo that is recorded on the company's balance sheet. Investors also form their own opinion of Resideo Technologies' value that differs from its market value or its book value, called intrinsic value, which is Resideo Technologies' 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 Resideo Technologies' market value can be influenced by many factors that don't directly affect Resideo Technologies' 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 Resideo Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Resideo Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Resideo Technologies' 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.