Preferred Fixed Asset Turnover from 2010 to 2024

PFBC Stock  USD 93.76  0.68  0.73%   
Preferred Bank's Fixed Asset Turnover is decreasing over the years with slightly volatile fluctuation. Overall, Fixed Asset Turnover is expected to go to 16.31 this year. During the period from 2010 to 2024 Preferred Bank Fixed Asset Turnover annual values regression line had geometric mean of  12.65 and mean square error of  40.73. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
8.68160912
Current Value
16.31
Quarterly Volatility
6.78217503
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Preferred Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Preferred Bank's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 M, Interest Expense of 198 M or Total Revenue of 289.4 M, as well as many indicators such as Price To Sales Ratio of 3.37, Dividend Yield of 0.0255 or PTB Ratio of 1.22. Preferred financial statements analysis is a perfect complement when working with Preferred Bank Valuation or Volatility modules.
  
Check out the analysis of Preferred Bank Correlation against competitors.
For information on how to trade Preferred Stock refer to our How to Trade Preferred Stock guide.

Latest Preferred Bank's Fixed Asset Turnover Growth Pattern

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

Preferred Fixed Asset Turnover Regression Statistics

Arithmetic Mean14.24
Geometric Mean12.65
Coefficient Of Variation47.63
Mean Deviation5.83
Median15.33
Standard Deviation6.78
Sample Variance46.00
Range20.106
R-Value(0.42)
Mean Square Error40.73
R-Squared0.18
Significance0.12
Slope(0.64)
Total Sum of Squares643.97

Preferred Fixed Asset Turnover History

2024 16.31
2023 8.68
2022 8.28
2021 5.96
2020 6.45
2019 5.82
2018 21.74

About Preferred Bank Financial Statements

Preferred Bank stakeholders use historical fundamental indicators, such as Preferred Bank's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Preferred Bank investors may analyze each financial statement separately, they are all interrelated. For example, changes in Preferred Bank's assets and liabilities are reflected in the revenues and expenses on Preferred Bank'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 Preferred Bank. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 8.68  16.31 

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When determining whether Preferred Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Preferred Bank'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 Preferred Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Preferred Bank Stock:
Check out the analysis of Preferred Bank Correlation against competitors.
For information on how to trade Preferred Stock refer to our How to Trade Preferred Stock guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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 Preferred Bank. If investors know Preferred 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 Preferred Bank 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
(0.09)
Dividend Share
2.8
Earnings Share
9.99
Revenue Per Share
19.356
Quarterly Revenue Growth
(0.05)
The market value of Preferred Bank is measured differently than its book value, which is the value of Preferred that is recorded on the company's balance sheet. Investors also form their own opinion of Preferred Bank's value that differs from its market value or its book value, called intrinsic value, which is Preferred Bank'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 Preferred Bank's market value can be influenced by many factors that don't directly affect Preferred Bank'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 Preferred Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Preferred Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Preferred Bank'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.