Jerash Fixed Asset Turnover from 2010 to 2024

JRSH Stock  USD 3.10  0.06  1.97%   
Jerash Holdings' Fixed Asset Turnover is decreasing with slightly volatile movements from year to year. Fixed Asset Turnover is predicted to flatten to 6.47. For the period between 2010 and 2024, Jerash Holdings, Fixed Asset Turnover quarterly trend regression had mean deviation of  5.09 and range of 30.1494. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
6.81
Current Value
6.47
Quarterly Volatility
7.62076575
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Jerash Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Jerash main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.7 M, Interest Expense of 927.5 K or Selling General Administrative of 10.4 M, as well as many exotic indicators such as Price To Sales Ratio of 0.47, Dividend Yield of 0.0437 or PTB Ratio of 0.95. Jerash financial statements analysis is a perfect complement when working with Jerash Holdings Valuation or Volatility modules.
  
This module can also supplement various Jerash Holdings Technical models . Check out the analysis of Jerash Holdings Correlation against competitors.
For more detail on how to invest in Jerash Stock please use our How to Invest in Jerash Holdings guide.

Latest Jerash Holdings' Fixed Asset Turnover Growth Pattern

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

Jerash Fixed Asset Turnover Regression Statistics

Arithmetic Mean15.27
Geometric Mean13.69
Coefficient Of Variation49.90
Mean Deviation5.09
Median16.02
Standard Deviation7.62
Sample Variance58.08
Range30.1494
R-Value(0.39)
Mean Square Error52.91
R-Squared0.15
Significance0.15
Slope(0.67)
Total Sum of Squares813.06

Jerash Fixed Asset Turnover History

2024 6.47
2023 6.81
2022 5.92
2021 11.24
2020 12.36
2019 12.71
2018 36.07

About Jerash Holdings Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Jerash Holdings income statement, its balance sheet, and the statement of cash flows. Jerash Holdings investors use historical funamental indicators, such as Jerash Holdings's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Jerash Holdings investors may use each financial statement separately, they are all related. The changes in Jerash Holdings's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Jerash Holdings'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 Jerash Holdings Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Jerash Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 6.81  6.47 

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When determining whether Jerash Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Jerash Holdings' 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 Jerash Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Jerash Holdings Stock:
Check out the analysis of Jerash Holdings Correlation against competitors.
For more detail on how to invest in Jerash Stock please use our How to Invest in Jerash Holdings guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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Is Jerash Holdings' 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 Jerash Holdings. If investors know Jerash 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 Jerash Holdings 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
(0.74)
Dividend Share
0.2
Earnings Share
(0.07)
Revenue Per Share
9.516
Quarterly Revenue Growth
(0.36)
The market value of Jerash Holdings is measured differently than its book value, which is the value of Jerash that is recorded on the company's balance sheet. Investors also form their own opinion of Jerash Holdings' value that differs from its market value or its book value, called intrinsic value, which is Jerash Holdings' 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 Jerash Holdings' market value can be influenced by many factors that don't directly affect Jerash Holdings' 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 Jerash Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Jerash Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jerash Holdings' 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.