Veritex Fixed Asset Turnover from 2010 to 2024

VBTX Stock  USD 30.02  0.36  1.18%   
Veritex Holdings Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 2.01 in 2024. During the period from 2010 to 2024, Veritex Holdings Fixed Asset Turnover regression line of annual values had r-squared of  0.24 and arithmetic mean of  2.41. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
3.57286218
Current Value
2.01
Quarterly Volatility
0.73744234
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Veritex Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Veritex Holdings' main balance sheet or income statement drivers, such as Interest Expense of 344.1 M, Selling General Administrative of 40.3 M or Total Revenue of 763.2 M, as well as many indicators such as Price To Sales Ratio of 3.18, Dividend Yield of 0.036 or PTB Ratio of 0.78. Veritex financial statements analysis is a perfect complement when working with Veritex Holdings Valuation or Volatility modules.
  
Check out the analysis of Veritex Holdings Correlation against competitors.
For more information on how to buy Veritex Stock please use our How to Invest in Veritex Holdings guide.

Latest Veritex Holdings' Fixed Asset Turnover Growth Pattern

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

Veritex Fixed Asset Turnover Regression Statistics

Arithmetic Mean2.41
Geometric Mean2.30
Coefficient Of Variation30.62
Mean Deviation0.57
Median2.35
Standard Deviation0.74
Sample Variance0.54
Range2.8724
R-Value0.49
Mean Square Error0.45
R-Squared0.24
Significance0.07
Slope0.08
Total Sum of Squares7.61

Veritex Fixed Asset Turnover History

2024 2.01
2023 3.57
2022 3.88
2021 3.05
2020 2.72
2019 2.66
2018 1.61

About Veritex Holdings Financial Statements

Veritex Holdings investors use historical fundamental indicators, such as Veritex Holdings' Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Veritex Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 3.57  2.01 

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Additional Tools for Veritex Stock Analysis

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