Synovus Fixed Asset Turnover from 2010 to 2024

SNV Stock  USD 57.45  0.52  0.90%   
Synovus Financial Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 2.41 in 2024. During the period from 2010 to 2024, Synovus Financial Fixed Asset Turnover regression line of quarterly data had mean square error of  0.97 and geometric mean of  2.99. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
2.42500527
Current Value
2.41
Quarterly Volatility
1.14141644
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Synovus Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Synovus Financial's main balance sheet or income statement drivers, such as Other Operating Expenses of 592.3 M, Operating Income of 637.1 M or EBIT of 2.8 B, as well as many indicators such as Price To Sales Ratio of 1.72, Dividend Yield of 0.048 or PTB Ratio of 1.46. Synovus financial statements analysis is a perfect complement when working with Synovus Financial Valuation or Volatility modules.
  
Check out the analysis of Synovus Financial Correlation against competitors.

Latest Synovus Financial's Fixed Asset Turnover Growth Pattern

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

Synovus Fixed Asset Turnover Regression Statistics

Arithmetic Mean3.15
Geometric Mean2.99
Coefficient Of Variation36.20
Mean Deviation0.89
Median2.60
Standard Deviation1.14
Sample Variance1.30
Range3.9783
R-Value0.55
Mean Square Error0.97
R-Squared0.31
Significance0.03
Slope0.14
Total Sum of Squares18.24

Synovus Fixed Asset Turnover History

2023 2.43
2022 5.95
2021 4.87
2020 4.35
2019 3.94
2018 3.28
2017 3.21

About Synovus Financial Financial Statements

Synovus Financial investors use historical fundamental indicators, such as Synovus Financial'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 Synovus Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 2.43  2.41 

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Additional Tools for Synovus Stock Analysis

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