Widepoint Fixed Asset Turnover from 2010 to 2024

WYY Stock  USD 5.08  0.12  2.42%   
Widepoint Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 20.87 in 2024. During the period from 2010 to 2024, Widepoint Fixed Asset Turnover regression line of annual values had r-squared of  0.02 and arithmetic mean of  36.40. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
21.96972165
Current Value
20.87
Quarterly Volatility
27.54281426
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Widepoint financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Widepoint's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.5 M, Total Revenue of 53.8 M or Gross Profit of 10.7 M, as well as many indicators such as Price To Sales Ratio of 0.18, Dividend Yield of 0.0 or PTB Ratio of 1.33. Widepoint financial statements analysis is a perfect complement when working with Widepoint Valuation or Volatility modules.
  
Check out the analysis of Widepoint Correlation against competitors.

Latest Widepoint's Fixed Asset Turnover Growth Pattern

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

Widepoint Fixed Asset Turnover Regression Statistics

Arithmetic Mean36.40
Geometric Mean28.20
Coefficient Of Variation75.67
Mean Deviation20.07
Median30.29
Standard Deviation27.54
Sample Variance758.61
Range101
R-Value(0.14)
Mean Square Error802.02
R-Squared0.02
Significance0.63
Slope(0.83)
Total Sum of Squares10,620

Widepoint Fixed Asset Turnover History

2024 20.87
2023 21.97
2022 16.5
2021 12.28
2020 27.04
2019 15.38
2018 82.63

About Widepoint Financial Statements

Widepoint investors use historical fundamental indicators, such as Widepoint'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 Widepoint. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 21.97  20.87 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Widepoint Stock Analysis

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