Business Fixed Asset Turnover from 2010 to 2024

BFST Stock  USD 28.50  0.22  0.77%   
Business First 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, Business First Fixed Asset Turnover quarterly data regression had r-value of (0.64) and coefficient of variation of  44.90. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
3.53814047
Current Value
5.73
Quarterly Volatility
2.45672903
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Business First financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Business First's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.9 M, Selling General Administrative of 117 M or Selling And Marketing Expenses of 4.9 M, as well as many indicators such as Price To Sales Ratio of 4.55, Dividend Yield of 0.0307 or PTB Ratio of 1.53. Business financial statements analysis is a perfect complement when working with Business First Valuation or Volatility modules.
  
Check out the analysis of Business First Correlation against competitors.

Latest Business First's Fixed Asset Turnover Growth Pattern

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

Business Fixed Asset Turnover Regression Statistics

Arithmetic Mean5.47
Geometric Mean5.01
Coefficient Of Variation44.90
Mean Deviation1.93
Median4.63
Standard Deviation2.46
Sample Variance6.04
Range8.7158
R-Value(0.64)
Mean Square Error3.87
R-Squared0.40
Significance0.01
Slope(0.35)
Total Sum of Squares84.50

Business Fixed Asset Turnover History

2024 5.73
2023 3.54
2022 3.6
2021 3.21
2020 2.55
2019 3.1

About Business First Financial Statements

Business First shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Business First investors may analyze each financial statement separately, they are all interrelated. The changes in Business First's assets and liabilities, for example, are also reflected in the revenues and expenses on on Business First'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 3.54  5.73 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Business Stock Analysis

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