Hillenbrand Fixed Asset Turnover from 2010 to 2024

HI Stock  USD 42.44  0.55  1.31%   
Hillenbrand's Fixed Asset Turnover is decreasing with slightly volatile movements from year to year. Fixed Asset Turnover is estimated to finish at 6.93 this year. For the period between 2010 and 2024, Hillenbrand, Fixed Asset Turnover quarterly trend regression had mean deviation of  1.95 and range of 7.5104. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
5.89
Current Value
6.93
Quarterly Volatility
2.32810208
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hillenbrand financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hillenbrand main balance sheet or income statement drivers, such as Interest Expense of 93.8 M, Total Revenue of 1.7 B or Gross Profit of 619.4 M, as well as many exotic indicators such as Price To Sales Ratio of 0.98, Dividend Yield of 0.0326 or PTB Ratio of 2.18. Hillenbrand financial statements analysis is a perfect complement when working with Hillenbrand Valuation or Volatility modules.
  
This module can also supplement Hillenbrand's financial leverage analysis and stock options assessment as well as various Hillenbrand Technical models . Check out the analysis of Hillenbrand Correlation against competitors.
For more detail on how to invest in Hillenbrand Stock please use our How to Invest in Hillenbrand guide.

Latest Hillenbrand's Fixed Asset Turnover Growth Pattern

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

Hillenbrand Fixed Asset Turnover Regression Statistics

Arithmetic Mean8.80
Geometric Mean8.51
Coefficient Of Variation26.46
Mean Deviation1.95
Median9.04
Standard Deviation2.33
Sample Variance5.42
Range7.5104
R-Value(0.51)
Mean Square Error4.30
R-Squared0.26
Significance0.05
Slope(0.27)
Total Sum of Squares75.88

Hillenbrand Fixed Asset Turnover History

2024 6.93
2023 5.89
2022 6.54
2021 7.27
2020 6.61
2019 5.37
2018 12.88

About Hillenbrand Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Hillenbrand income statement, its balance sheet, and the statement of cash flows. Hillenbrand investors use historical funamental indicators, such as Hillenbrand's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Hillenbrand investors may use each financial statement separately, they are all related. The changes in Hillenbrand's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Hillenbrand'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 Hillenbrand Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Hillenbrand. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 5.89  6.93 

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When determining whether Hillenbrand offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hillenbrand'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 Hillenbrand Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hillenbrand Stock:
Check out the analysis of Hillenbrand Correlation against competitors.
For more detail on how to invest in Hillenbrand Stock please use our How to Invest in Hillenbrand guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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Is Hillenbrand'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 Hillenbrand. If investors know Hillenbrand 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 Hillenbrand 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
(0.99)
Dividend Share
0.885
Earnings Share
1.18
Revenue Per Share
43.276
Quarterly Revenue Growth
0.137
The market value of Hillenbrand is measured differently than its book value, which is the value of Hillenbrand that is recorded on the company's balance sheet. Investors also form their own opinion of Hillenbrand's value that differs from its market value or its book value, called intrinsic value, which is Hillenbrand'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 Hillenbrand's market value can be influenced by many factors that don't directly affect Hillenbrand'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 Hillenbrand's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hillenbrand is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hillenbrand'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.