Alerus Fixed Asset Turnover from 2010 to 2024

ALRS Stock  USD 22.11  0.22  1.01%   
Alerus Financial Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to 4.58 in 2024. From the period from 2010 to 2024, Alerus Financial Fixed Asset Turnover quarterly data regression had r-value of  0.75 and coefficient of variation of  55.42. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
7.10840178
Current Value
4.58
Quarterly Volatility
3.12681641
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Alerus Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alerus Financial's main balance sheet or income statement drivers, such as Interest Expense of 80.9 M, Selling General Administrative of 71.3 M or Total Revenue of 153.1 M, as well as many indicators such as Price To Sales Ratio of 1.43, Dividend Yield of 0.0202 or PTB Ratio of 1.03. Alerus financial statements analysis is a perfect complement when working with Alerus Financial Valuation or Volatility modules.
  
Check out the analysis of Alerus Financial Correlation against competitors.

Latest Alerus Financial's Fixed Asset Turnover Growth Pattern

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

Alerus Fixed Asset Turnover Regression Statistics

Arithmetic Mean5.64
Geometric Mean4.39
Coefficient Of Variation55.42
Mean Deviation2.52
Median6.40
Standard Deviation3.13
Sample Variance9.78
Range9.3914
R-Value0.75
Mean Square Error4.57
R-Squared0.57
Significance0
Slope0.53
Total Sum of Squares136.88

Alerus Fixed Asset Turnover History

2024 4.58
2023 7.11
2022 9.19
2021 10.42
2020 8.39
2019 6.42
2018 8.09

About Alerus Financial Financial Statements

Alerus Financial shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Alerus Financial investors may analyze each financial statement separately, they are all interrelated. The changes in Alerus Financial's assets and liabilities, for example, are also reflected in the revenues and expenses on on Alerus Financial's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 7.11  4.58 

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Additional Tools for Alerus Stock Analysis

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