Bank Fixed Asset Turnover from 2010 to 2024

BK Stock  USD 77.57  0.78  1.00%   
Bank of New York Fixed Asset Turnover yearly trend continues to be quite stable with very little volatility. The value of Fixed Asset Turnover is projected to decrease to 4.67. From the period between 2010 and 2024, Bank of New York, Fixed Asset Turnover regression line of its data series had standard deviation of  2.71 and standard deviation of  2.71. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
5.4672779
Current Value
4.67
Quarterly Volatility
2.70785763
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Bank of New York financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bank of New York's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 B, Interest Expense of 17.1 B or Selling General Administrative of 3.7 B, as well as many indicators such as Price To Sales Ratio of 2.69, Dividend Yield of 0.0318 or PTB Ratio of 0.95. Bank financial statements analysis is a perfect complement when working with Bank of New York Valuation or Volatility modules.
  
Check out the analysis of Bank of New York Correlation against competitors.

Latest Bank of New York's Fixed Asset Turnover Growth Pattern

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

Bank Fixed Asset Turnover Regression Statistics

Arithmetic Mean7.38
Geometric Mean6.90
Coefficient Of Variation36.70
Mean Deviation2.47
Median8.26
Standard Deviation2.71
Sample Variance7.33
Range7.0876
R-Value(0.57)
Mean Square Error5.35
R-Squared0.32
Significance0.03
Slope(0.34)
Total Sum of Squares102.65

Bank Fixed Asset Turnover History

2024 4.67
2023 5.47
2022 4.92
2021 4.56
2020 4.3
2019 4.44
2018 8.26

About Bank of New York Financial Statements

Bank of New York investors utilize fundamental indicators, such as Fixed Asset Turnover, to predict how Bank 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 5.47  4.67 

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Check out the analysis of Bank of New York Correlation against competitors.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Asset Management & Custody Banks 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 Bank of New York. If investors know Bank 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 Bank of New York 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
0.22
Dividend Share
1.73
Earnings Share
4.47
Revenue Per Share
23.65
Quarterly Revenue Growth
0.047
The market value of Bank of New York is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of New York's value that differs from its market value or its book value, called intrinsic value, which is Bank of New York's 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 Bank of New York's market value can be influenced by many factors that don't directly affect Bank of New York's 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 Bank of New York's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of New York is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of New York's 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.