Citizens Fixed Asset Turnover from 2010 to 2024

CIA Stock  USD 4.46  0.07  1.59%   
Citizens' Fixed Asset Turnover is decreasing over the years with slightly volatile fluctuation. Fixed Asset Turnover is expected to dwindle to 17.40. From 2010 to 2024 Citizens Fixed Asset Turnover quarterly data regression line had arithmetic mean of  27.81 and r-squared of  0.09. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
20.38106529
Current Value
17.4
Quarterly Volatility
9.70885225
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Citizens financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Citizens' main balance sheet or income statement drivers, such as Interest Expense of 1 M, Total Revenue of 148.1 M or Gross Profit of 148.1 M, as well as many indicators such as Price To Sales Ratio of 0.53, Dividend Yield of 2.0E-4 or PTB Ratio of 0.74. Citizens financial statements analysis is a perfect complement when working with Citizens Valuation or Volatility modules.
  
Check out the analysis of Citizens Correlation against competitors.
For information on how to trade Citizens Stock refer to our How to Trade Citizens Stock guide.

Latest Citizens' Fixed Asset Turnover Growth Pattern

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

Citizens Fixed Asset Turnover Regression Statistics

Arithmetic Mean27.81
Geometric Mean26.17
Coefficient Of Variation34.92
Mean Deviation8.49
Median27.46
Standard Deviation9.71
Sample Variance94.26
Range27.7935
R-Value(0.30)
Mean Square Error92.45
R-Squared0.09
Significance0.28
Slope(0.65)
Total Sum of Squares1,320

Citizens Fixed Asset Turnover History

2024 17.4
2023 20.38
2022 17.99
2021 17.8
2020 14.64
2019 42.44
2018 41.06

About Citizens Financial Statements

Citizens stakeholders use historical fundamental indicators, such as Citizens' Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Citizens investors may analyze each financial statement separately, they are all interrelated. For example, changes in Citizens' assets and liabilities are reflected in the revenues and expenses on Citizens' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Citizens. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 20.38  17.40 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Citizens offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Citizens' 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 Citizens Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Citizens Stock:
Check out the analysis of Citizens Correlation against competitors.
For information on how to trade Citizens Stock refer to our How to Trade Citizens Stock guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Life & Health Insurance 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 Citizens. If investors know Citizens 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 Citizens listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.43
Revenue Per Share
5.002
Quarterly Revenue Growth
0.039
Return On Assets
0.0076
Return On Equity
0.1223
The market value of Citizens is measured differently than its book value, which is the value of Citizens that is recorded on the company's balance sheet. Investors also form their own opinion of Citizens' value that differs from its market value or its book value, called intrinsic value, which is Citizens' 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 Citizens' market value can be influenced by many factors that don't directly affect Citizens' 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 Citizens' value and its price as these two are different measures arrived at by different means. Investors typically determine if Citizens is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Citizens' 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.