TrustCo Fixed Asset Turnover from 2010 to 2024

TRST Stock  USD 37.24  0.32  0.85%   
TrustCo Bank Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover is likely to outpace its year average in 2024. From the period from 2010 to 2024, TrustCo Bank Fixed Asset Turnover quarterly data regression had r-value of (0.58) and coefficient of variation of  31.89. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
2.55080551
Current Value
4.7
Quarterly Volatility
1.22623341
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check TrustCo Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TrustCo Bank's main balance sheet or income statement drivers, such as Interest Expense of 34 M, Other Operating Expenses of 99.2 M or Operating Income of 102.5 M, as well as many indicators such as Price To Sales Ratio of 4.0, Dividend Yield of 0.0473 or PTB Ratio of 0.87. TrustCo financial statements analysis is a perfect complement when working with TrustCo Bank Valuation or Volatility modules.
  
Check out the analysis of TrustCo Bank Correlation against competitors.

Latest TrustCo Bank's Fixed Asset Turnover Growth Pattern

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

TrustCo Fixed Asset Turnover Regression Statistics

Arithmetic Mean3.85
Geometric Mean3.63
Coefficient Of Variation31.89
Mean Deviation1.06
Median4.28
Standard Deviation1.23
Sample Variance1.50
Range3.5626
R-Value(0.58)
Mean Square Error1.08
R-Squared0.33
Significance0.02
Slope(0.16)
Total Sum of Squares21.05

TrustCo Fixed Asset Turnover History

2024 4.7
2023 2.55
2022 2.46
2021 2.2
2020 2.07
2019 2.03
2018 5.15

About TrustCo Bank Financial Statements

TrustCo Bank shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although TrustCo Bank investors may analyze each financial statement separately, they are all interrelated. The changes in TrustCo Bank's assets and liabilities, for example, are also reflected in the revenues and expenses on on TrustCo Bank'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 2.55  4.70 

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Additional Tools for TrustCo Stock Analysis

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