Texas Fixed Asset Turnover from 2010 to 2024

TXN Stock  USD 191.59  0.12  0.06%   
Texas Instruments Fixed Asset Turnover yearly trend continues to be very stable with very little volatility. Fixed Asset Turnover is likely to grow to 2.74 this year. During the period from 2010 to 2024, Texas Instruments Fixed Asset Turnover quarterly data regression pattern had sample variance of  1.19 and median of  3.59. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
1.75207521
Current Value
2.74
Quarterly Volatility
1.09197138
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Texas Instruments financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Texas Instruments' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 B, Interest Expense of 370.6 M or Total Revenue of 12.5 B, as well as many indicators such as Price To Sales Ratio of 9.28, Dividend Yield of 0.0309 or PTB Ratio of 9.62. Texas financial statements analysis is a perfect complement when working with Texas Instruments Valuation or Volatility modules.
  
Check out the analysis of Texas Instruments Correlation against competitors.

Latest Texas Instruments' Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Texas Instruments Incorporated over the last few years. It is Texas Instruments' Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Texas Instruments' overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Pretty Stable
   Fixed Asset Turnover   
       Timeline  

Texas Fixed Asset Turnover Regression Statistics

Arithmetic Mean3.91
Geometric Mean3.75
Coefficient Of Variation27.94
Mean Deviation0.92
Median3.59
Standard Deviation1.09
Sample Variance1.19
Range3.8639
R-Value(0.25)
Mean Square Error1.21
R-Squared0.06
Significance0.38
Slope(0.06)
Total Sum of Squares16.69

Texas Fixed Asset Turnover History

2024 2.74
2023 1.75
2022 2.91
2021 3.57
2020 4.42
2019 4.35
2018 4.96

About Texas Instruments Financial Statements

Texas Instruments investors utilize fundamental indicators, such as Fixed Asset Turnover, to predict how Texas Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 1.75  2.74 

Pair Trading with Texas Instruments

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Texas Instruments position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Texas Instruments will appreciate offsetting losses from the drop in the long position's value.

Moving against Texas Stock

  0.38CAN Canaan IncPairCorr
The ability to find closely correlated positions to Texas Instruments could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Texas Instruments when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Texas Instruments - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Texas Instruments Incorporated to buy it.
The correlation of Texas Instruments is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Texas Instruments moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Texas Instruments moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Texas Instruments can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Texas Instruments offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Texas Instruments' 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 Texas Instruments Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Texas Instruments Incorporated Stock:
Is Semiconductors & Semiconductor Equipment 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 Texas Instruments. If investors know Texas 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 Texas Instruments 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
(0.21)
Dividend Share
5.2
Earnings Share
5.38
Revenue Per Share
17.246
Quarterly Revenue Growth
(0.08)
The market value of Texas Instruments is measured differently than its book value, which is the value of Texas that is recorded on the company's balance sheet. Investors also form their own opinion of Texas Instruments' value that differs from its market value or its book value, called intrinsic value, which is Texas Instruments' 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 Texas Instruments' market value can be influenced by many factors that don't directly affect Texas Instruments' 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 Texas Instruments' value and its price as these two are different measures arrived at by different means. Investors typically determine if Texas Instruments is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Texas Instruments' 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.