Citigroup Fixed Asset Turnover from 2010 to 2024

C Stock  USD 69.21  0.93  1.36%   
Citigroup's Fixed Asset Turnover is increasing over the years with slightly volatile fluctuation. Fixed Asset Turnover is expected to dwindle to 2.34. During the period from 2010 to 2024 Citigroup Fixed Asset Turnover annual values regression line had coefficient of variation of  221.66 and r-squared of  0.14. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
2.45938707
Current Value
2.34
Quarterly Volatility
7.45172357
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Citigroup financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Citigroup's main balance sheet or income statement drivers, such as Interest Expense of 82.3 B or Other Operating Expenses of 35.2 B, as well as many indicators such as Price To Sales Ratio of 1.61 or Dividend Yield of 0.0551. Citigroup financial statements analysis is a perfect complement when working with Citigroup Valuation or Volatility modules.
  
Check out the analysis of Citigroup Correlation against competitors.
For information on how to trade Citigroup Stock refer to our How to Trade Citigroup Stock guide.

Latest Citigroup's Fixed Asset Turnover Growth Pattern

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

Citigroup Fixed Asset Turnover Regression Statistics

Arithmetic Mean3.36
Coefficient Of Variation221.66
Mean Deviation4.82
Median(0.32)
Standard Deviation7.45
Sample Variance55.53
Range21.9486
R-Value0.37
Mean Square Error51.63
R-Squared0.14
Significance0.18
Slope0.62
Total Sum of Squares777.39

Citigroup Fixed Asset Turnover History

2024 2.34
2023 2.46
2022 2.69
2021 3.08
2020 21.28
2019 21.56
2018 -0.37

About Citigroup Financial Statements

Citigroup stakeholders use historical fundamental indicators, such as Citigroup's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Citigroup investors may analyze each financial statement separately, they are all interrelated. For example, changes in Citigroup's assets and liabilities are reflected in the revenues and expenses on Citigroup'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 Citigroup. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 2.46  2.34 

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.
Check out the analysis of Citigroup Correlation against competitors.
For information on how to trade Citigroup Stock refer to our How to Trade Citigroup Stock guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Diversified 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 Citigroup. If investors know Citigroup 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 Citigroup 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
(0.07)
Dividend Share
2.15
Earnings Share
3.5
Revenue Per Share
36.345
Quarterly Revenue Growth
(0.02)
The market value of Citigroup is measured differently than its book value, which is the value of Citigroup that is recorded on the company's balance sheet. Investors also form their own opinion of Citigroup's value that differs from its market value or its book value, called intrinsic value, which is Citigroup'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 Citigroup's market value can be influenced by many factors that don't directly affect Citigroup'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 Citigroup's value and its price as these two are different measures arrived at by different means. Investors typically determine if Citigroup is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Citigroup'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.