Texas Fixed Asset Turnover from 2010 to 2024

TCBS Stock  USD 15.05  0.01  0.07%   
Texas Community Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover is likely to outpace its year average in 2024. From the period from 2010 to 2024, Texas Community Fixed Asset Turnover quarterly data regression had r-value of  0.09 and coefficient of variation of  12.95. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.95427951
Current Value
1.66
Quarterly Volatility
0.194454
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Texas Community financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Texas Community's main balance sheet or income statement drivers, such as Net Interest Income of 9.9 M, Interest Income of 13.4 M or Depreciation And Amortization of 343.2 K, as well as many indicators such as Price To Sales Ratio of 4.94, Dividend Yield of 0.0068 or PTB Ratio of 1.2. Texas financial statements analysis is a perfect complement when working with Texas Community Valuation or Volatility modules.
  
Check out the analysis of Texas Community Correlation against competitors.

Latest Texas Community's Fixed Asset Turnover Growth Pattern

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

Texas Fixed Asset Turnover Regression Statistics

Arithmetic Mean1.50
Geometric Mean1.49
Coefficient Of Variation12.95
Mean Deviation0.10
Median1.48
Standard Deviation0.19
Sample Variance0.04
Range0.9738
R-Value0.09
Mean Square Error0.04
R-Squared0.01
Significance0.74
Slope0
Total Sum of Squares0.53

Texas Fixed Asset Turnover History

2024 1.66
2023 0.95
2022 1.93
2021 1.63
2020 1.54

About Texas Community Financial Statements

Texas Community shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Texas Community investors may analyze each financial statement separately, they are all interrelated. The changes in Texas Community's assets and liabilities, for example, are also reflected in the revenues and expenses on on Texas Community'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 0.95  1.66 

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Additional Tools for Texas Stock Analysis

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