First Fixed Asset Turnover from 2010 to 2024

FUNC Stock  USD 35.85  0.05  0.14%   
First United's Fixed Asset Turnover is decreasing over the years with stable fluctuation. Overall, Fixed Asset Turnover is expected to go to 2.65 this year. During the period from 2010 to 2024 First United Fixed Asset Turnover annual values regression line had geometric mean of  1.96 and mean square error of  0.25. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
2.12389569
Current Value
2.65
Quarterly Volatility
0.48748929
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check First United financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First United's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.8 M, Interest Expense of 4.7 M or Selling General Administrative of 19.7 M, as well as many indicators such as Price To Sales Ratio of 2.55, Dividend Yield of 0.0353 or PTB Ratio of 1.34. First financial statements analysis is a perfect complement when working with First United Valuation or Volatility modules.
  
Check out the analysis of First United Correlation against competitors.
For information on how to trade First Stock refer to our How to Trade First Stock guide.

Latest First United's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of First United over the last few years. It is First United's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First United's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Pretty Stable
   Fixed Asset Turnover   
       Timeline  

First Fixed Asset Turnover Regression Statistics

Arithmetic Mean2.00
Geometric Mean1.96
Coefficient Of Variation24.34
Mean Deviation0.31
Median1.89
Standard Deviation0.49
Sample Variance0.24
Range1.9545
R-Value(0.12)
Mean Square Error0.25
R-Squared0.02
Significance0.66
Slope(0.01)
Total Sum of Squares3.33

First Fixed Asset Turnover History

2024 2.65
2023 2.12
2022 2.05
2021 1.99
2020 1.71
2019 1.53
2018 1.57

About First United Financial Statements

First United stakeholders use historical fundamental indicators, such as First United's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although First United investors may analyze each financial statement separately, they are all interrelated. For example, changes in First United's assets and liabilities are reflected in the revenues and expenses on First United's 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 First United. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 2.12  2.65 

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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 First United offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First United's 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 First United Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First United Stock:
Check out the analysis of First United Correlation against competitors.
For information on how to trade First Stock refer to our How to Trade First Stock guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Regional 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 First United. If investors know First 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 First United 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
0.328
Dividend Share
0.8
Earnings Share
2.46
Revenue Per Share
10.808
Quarterly Revenue Growth
0.075
The market value of First United is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First United's value that differs from its market value or its book value, called intrinsic value, which is First United'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 First United's market value can be influenced by many factors that don't directly affect First United'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 First United's value and its price as these two are different measures arrived at by different means. Investors typically determine if First United is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First United'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.