AXIS Fixed Asset Turnover from 2010 to 2024

AXS Stock  USD 60.64  1.26  2.04%   
AXIS Capital Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to 39.19 in 2024. From the period from 2010 to 2024, AXIS Capital Fixed Asset Turnover quarterly data regression had r-value of  0.09 and coefficient of variation of  8.91. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
51.96624203
Current Value
39.19
Quarterly Volatility
4.17816218
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check AXIS Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AXIS main balance sheet or income statement drivers, such as Depreciation And Amortization of 79.3 M, Interest Expense of 53.2 M or Selling General Administrative of 718.7 M, as well as many exotic indicators such as Price To Sales Ratio of 1.64, Dividend Yield of 0.0262 or PTB Ratio of 1.09. AXIS financial statements analysis is a perfect complement when working with AXIS Capital Valuation or Volatility modules.
  
This module can also supplement AXIS Capital's financial leverage analysis and stock options assessment as well as various AXIS Capital Technical models . Check out the analysis of AXIS Capital Correlation against competitors.

Latest AXIS Capital's Fixed Asset Turnover Growth Pattern

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

AXIS Fixed Asset Turnover Regression Statistics

Arithmetic Mean46.88
Geometric Mean46.71
Coefficient Of Variation8.91
Mean Deviation2.47
Median46.57
Standard Deviation4.18
Sample Variance17.46
Range16.5094
R-Value0.09
Mean Square Error18.64
R-Squared0.01
Significance0.75
Slope0.09
Total Sum of Squares244.40

AXIS Fixed Asset Turnover History

2024 39.19
2023 51.97
2022 55.69
2021 51.52
2020 39.18

About AXIS Capital Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include AXIS Capital income statement, its balance sheet, and the statement of cash flows. AXIS Capital investors use historical funamental indicators, such as AXIS Capital's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although AXIS Capital investors may use each financial statement separately, they are all related. The changes in AXIS Capital's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on AXIS Capital's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on AXIS Capital Financial Statements. Understanding these patterns can help to make the right decision on long term investment in AXIS Capital. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 51.97  39.19 
When determining whether AXIS Capital Holdings is a strong investment it is important to analyze AXIS Capital's 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 AXIS Capital's future performance. For an informed investment choice regarding AXIS Stock, refer to the following important reports:
Check out the analysis of AXIS Capital Correlation against competitors.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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When running AXIS Capital's price analysis, check to measure AXIS Capital'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 AXIS Capital is operating at the current time. Most of AXIS Capital's value examination focuses on studying past and present price action to predict the probability of AXIS Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AXIS Capital's price. Additionally, you may evaluate how the addition of AXIS Capital to your portfolios can decrease your overall portfolio volatility.
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Is AXIS Capital's industry 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 AXIS Capital. If investors know AXIS 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 AXIS Capital 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
4.226
Dividend Share
1.76
Earnings Share
4.02
Revenue Per Share
66.282
Quarterly Revenue Growth
0.023
The market value of AXIS Capital Holdings is measured differently than its book value, which is the value of AXIS that is recorded on the company's balance sheet. Investors also form their own opinion of AXIS Capital's value that differs from its market value or its book value, called intrinsic value, which is AXIS Capital'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 AXIS Capital's market value can be influenced by many factors that don't directly affect AXIS Capital'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 AXIS Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if AXIS Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AXIS Capital'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.