Primis Fixed Asset Turnover from 2010 to 2024

FRST Stock  USD 12.50  0.09  0.71%   
Primis Financial Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to 4.24 in 2024. From the period from 2010 to 2024, Primis Financial Fixed Asset Turnover quarterly data regression had r-value of (0.09) and coefficient of variation of  31.20. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
4.60572032
Current Value
4.24
Quarterly Volatility
1.16395146
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Primis Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Primis Financial's main balance sheet or income statement drivers, such as Interest Expense of 13.4 M, Selling General Administrative of 17.6 M or Total Revenue of 142.4 M, as well as many indicators such as Price To Sales Ratio of 2.06, Dividend Yield of 0.033 or PTB Ratio of 1.4. Primis financial statements analysis is a perfect complement when working with Primis Financial Valuation or Volatility modules.
  
Check out the analysis of Primis Financial Correlation against competitors.

Latest Primis Financial's Fixed Asset Turnover Growth Pattern

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

Primis Fixed Asset Turnover Regression Statistics

Arithmetic Mean3.73
Geometric Mean3.54
Coefficient Of Variation31.20
Mean Deviation1.00
Median4.11
Standard Deviation1.16
Sample Variance1.35
Range3.3972
R-Value(0.09)
Mean Square Error1.45
R-Squared0.01
Significance0.76
Slope(0.02)
Total Sum of Squares18.97

Primis Fixed Asset Turnover History

2024 4.24
2023 4.61
2022 4.11
2021 2.86
2020 2.64
2019 2.38
2018 3.16

About Primis Financial Financial Statements

Primis Financial shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Primis Financial investors may analyze each financial statement separately, they are all interrelated. The changes in Primis Financial's assets and liabilities, for example, are also reflected in the revenues and expenses on on Primis Financial's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 4.61  4.24 

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Additional Tools for Primis Stock Analysis

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