First Fixed Asset Turnover from 2010 to 2024

INBKZ Stock  USD 25.30  0.09  0.35%   
First Internet Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 1.09 in 2024. During the period from 2010 to 2024, First Internet Fixed Asset Turnover regression line of annual values had r-squared of  0.58 and arithmetic mean of  9.01. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
1.14855097
Current Value
1.09
Quarterly Volatility
11.38943755
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check First Internet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Internet's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.6 M, Interest Expense of 172.8 M or Selling General Administrative of 51.7 M, as well as many indicators such as Price To Sales Ratio of 1.98, Dividend Yield of 0.0101 or PTB Ratio of 0.58. First financial statements analysis is a perfect complement when working with First Internet Valuation or Volatility modules.
  
Check out the analysis of First Internet Correlation against competitors.

Latest First Internet's Fixed Asset Turnover Growth Pattern

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

First Fixed Asset Turnover Regression Statistics

Arithmetic Mean9.01
Geometric Mean4.82
Coefficient Of Variation126.39
Mean Deviation8.71
Median4.57
Standard Deviation11.39
Sample Variance129.72
Range29.6956
R-Value(0.76)
Mean Square Error59.11
R-Squared0.58
Significance0
Slope(1.93)
Total Sum of Squares1,816

First Fixed Asset Turnover History

2024 1.09
2023 1.15
2022 1.56
2021 1.98
2020 2.44
2019 5.04
2018 6.28

About First Internet Financial Statements

First Internet investors use historical fundamental indicators, such as First Internet's Fixed 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 Internet. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 1.15  1.09 

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Additional Tools for First Stock Analysis

When running First Internet's price analysis, check to measure First Internet'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 Internet is operating at the current time. Most of First Internet's value examination focuses on studying past and present price action to predict the probability of First Internet'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 Internet's price. Additionally, you may evaluate how the addition of First Internet to your portfolios can decrease your overall portfolio volatility.