DTF Asset Turnover from 2010 to 2024

DTF Stock  USD 10.95  0.09  0.83%   
DTF Tax's Asset Turnover is decreasing over the last several years with stable swings. Asset Turnover is estimated to finish at 0.05 this year. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently DTF Tax Free uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.05178585
Current Value
0.0544
Quarterly Volatility
0.05261761
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check DTF Tax financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DTF Tax's main balance sheet or income statement drivers, such as Interest Expense of 929.6 K, Selling General Administrative of 591 K or Total Revenue of 3.7 M, as well as many indicators such as Price To Sales Ratio of 17.3, Ptb Ratio of 0.7 or Days Sales Outstanding of 125. DTF financial statements analysis is a perfect complement when working with DTF Tax Valuation or Volatility modules.
  
Check out the analysis of DTF Tax Correlation against competitors.

Latest DTF Tax's Asset Turnover Growth Pattern

Below is the plot of the Asset Turnover of DTF Tax Free over the last few years. It is the ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales. DTF Tax's Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in DTF Tax's overall financial position and show how it may be relating to other accounts over time.
Asset Turnover10 Years Trend
Pretty Stable
   Asset Turnover   
       Timeline  

DTF Asset Turnover Regression Statistics

Arithmetic Mean0.02
Geometric Mean0.04
Coefficient Of Variation212.72
Mean Deviation0.03
Median0.04
Standard Deviation0.05
Sample Variance0
Range0.2235
R-Value(0.20)
Mean Square Error0
R-Squared0.04
Significance0.47
Slope(0)
Total Sum of Squares0.04

DTF Asset Turnover History

2024 0.0544
2023 0.0518
2022 0.0466
2021 -0.15
2020 0.0215
2019 0.0251
2018 0.0743

Other Fundumenentals of DTF Tax Free

DTF Tax Asset Turnover component correlations

About DTF Tax Financial Statements

DTF Tax stakeholders use historical fundamental indicators, such as DTF Tax's Asset Turnover, to determine how well the company is positioned to perform in the future. Although DTF Tax investors may analyze each financial statement separately, they are all interrelated. For example, changes in DTF Tax's assets and liabilities are reflected in the revenues and expenses on DTF Tax's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in DTF Tax Free. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Asset Turnover 0.05  0.05 

Currently Active Assets on Macroaxis

When determining whether DTF Tax Free is a strong investment it is important to analyze DTF Tax'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 DTF Tax's future performance. For an informed investment choice regarding DTF Stock, refer to the following important reports:
Check out the analysis of DTF Tax Correlation against competitors.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Asset Management & Custody Banks 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 DTF Tax. If investors know DTF 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 DTF Tax 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
0.6
Revenue Per Share
0.453
Quarterly Revenue Growth
(0.33)
Return On Assets
0.0129
The market value of DTF Tax Free is measured differently than its book value, which is the value of DTF that is recorded on the company's balance sheet. Investors also form their own opinion of DTF Tax's value that differs from its market value or its book value, called intrinsic value, which is DTF Tax'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 DTF Tax's market value can be influenced by many factors that don't directly affect DTF Tax'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 DTF Tax's value and its price as these two are different measures arrived at by different means. Investors typically determine if DTF Tax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DTF Tax'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.