Independent Fixed Asset Turnover from 2010 to 2024

IBTX Stock  USD 67.31  1.82  2.78%   
Independent Bank Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 1.34 in 2024. During the period from 2010 to 2024, Independent Bank Fixed Asset Turnover regression line of annual values had r-squared of  0.26 and arithmetic mean of  1.66. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
1.42670579
Current Value
1.34
Quarterly Volatility
0.55954728
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Independent Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Independent Bank's main balance sheet or income statement drivers, such as Depreciation And Amortization of 32.5 M, Interest Expense of 435.6 M or Selling General Administrative of 124.4 M, as well as many indicators such as Price To Sales Ratio of 5.09, Dividend Yield of 0.0312 or PTB Ratio of 1.69. Independent financial statements analysis is a perfect complement when working with Independent Bank Valuation or Volatility modules.
  
Check out the analysis of Independent Bank Correlation against competitors.
For more information on how to buy Independent Stock please use our How to Invest in Independent Bank guide.

Latest Independent Bank's Fixed Asset Turnover Growth Pattern

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

Independent Fixed Asset Turnover Regression Statistics

Arithmetic Mean1.66
Geometric Mean1.55
Coefficient Of Variation33.81
Mean Deviation0.47
Median1.72
Standard Deviation0.56
Sample Variance0.31
Range1.7082
R-Value0.51
Mean Square Error0.25
R-Squared0.26
Significance0.05
Slope0.06
Total Sum of Squares4.38

Independent Fixed Asset Turnover History

2024 1.34
2023 1.43
2022 1.72
2021 1.91
2020 2.41
2019 2.39
2018 2.19

About Independent Bank Financial Statements

Independent Bank investors use historical fundamental indicators, such as Independent Bank'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 Independent Bank. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 1.43  1.34 

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Additional Tools for Independent Stock Analysis

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