First Asset Turnover from 2010 to 2024

FTHY Stock  USD 14.65  0.04  0.27%   
First Trust Asset Turnover yearly trend continues to be fairly stable with very little volatility. Asset Turnover is likely to outpace its year average in 2024. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently First Trust High uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.07820574
Current Value
0.0821
Quarterly Volatility
0.04583862
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check First Trust financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Trust's main balance sheet or income statement drivers, such as Net Interest Income of 39.3 M, Interest Income of 43.5 M or Depreciation And Amortization of 246.2 K, as well as many indicators such as Price To Sales Ratio of 9.77, Dividend Yield of 0.0771 or PTB Ratio of 1.0. First financial statements analysis is a perfect complement when working with First Trust Valuation or Volatility modules.
  
Check out the analysis of First Trust Correlation against competitors.

Latest First Trust's Asset Turnover Growth Pattern

Below is the plot of the Asset Turnover of First Trust High over the last few years. It is the ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales. First Trust's Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Trust's overall financial position and show how it may be relating to other accounts over time.
Asset Turnover10 Years Trend
Slightly volatile
   Asset Turnover   
       Timeline  

First Asset Turnover Regression Statistics

Arithmetic Mean0.06
Geometric Mean0.07
Coefficient Of Variation78.92
Mean Deviation0.03
Median0.07
Standard Deviation0.05
Sample Variance0
Range0.1597
R-Value(0.36)
Mean Square Error0
R-Squared0.13
Significance0.19
Slope(0)
Total Sum of Squares0.03

First Asset Turnover History

2024 0.0821
2023 0.0782
2022 -0.0267
2021 -0.0776

Other Fundumenentals of First Trust High

First Trust Asset Turnover component correlations

About First Trust Financial Statements

First Trust investors use historical fundamental indicators, such as First Trust's 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 First Trust. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Asset Turnover 0.08  0.08 

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Additional Tools for First Stock Analysis

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