Renasant Fixed Asset Turnover from 2010 to 2024

RNST Stock  USD 36.93  0.62  1.65%   
Renasant Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to 2.05 in 2024. From the period from 2010 to 2024, Renasant Fixed Asset Turnover quarterly data regression had r-value of (0.57) and coefficient of variation of  16.52. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
2.23090803
Current Value
2.05
Quarterly Volatility
0.39662701
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Renasant financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Renasant's main balance sheet or income statement drivers, such as Depreciation And Amortization of 21.3 M, Interest Expense of 291.9 M or Selling General Administrative of 295.9 M, as well as many indicators such as Price To Sales Ratio of 2.3, Dividend Yield of 0.0307 or PTB Ratio of 1.39. Renasant financial statements analysis is a perfect complement when working with Renasant Valuation or Volatility modules.
  
Check out the analysis of Renasant Correlation against competitors.
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Latest Renasant's Fixed Asset Turnover Growth Pattern

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

Renasant Fixed Asset Turnover Regression Statistics

Arithmetic Mean2.40
Geometric Mean2.37
Coefficient Of Variation16.52
Mean Deviation0.29
Median2.26
Standard Deviation0.40
Sample Variance0.16
Range1.5274
R-Value(0.57)
Mean Square Error0.12
R-Squared0.32
Significance0.03
Slope(0.05)
Total Sum of Squares2.20

Renasant Fixed Asset Turnover History

2024 2.05
2023 2.23
2021 2.22
2020 2.2
2019 1.93
2018 2.58
2017 2.56

About Renasant Financial Statements

Renasant shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Renasant investors may analyze each financial statement separately, they are all interrelated. The changes in Renasant's assets and liabilities, for example, are also reflected in the revenues and expenses on on Renasant'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 2.23  2.05 

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Additional Tools for Renasant Stock Analysis

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