Unity Fixed Asset Turnover from 2010 to 2024

UNTY Stock  USD 46.61  0.73  1.59%   
Unity Bancorp Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 2.34 in 2024. During the period from 2010 to 2024, Unity Bancorp Fixed Asset Turnover regression line of annual values had r-squared of  0.26 and arithmetic mean of  3.02. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
4.03645981
Current Value
2.34
Quarterly Volatility
0.857022
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Unity Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Unity Bancorp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.3 M, Interest Expense of 50.9 M or Selling General Administrative of 33.2 M, as well as many indicators such as Price To Sales Ratio of 1.85, Dividend Yield of 0.0124 or PTB Ratio of 1.4. Unity financial statements analysis is a perfect complement when working with Unity Bancorp Valuation or Volatility modules.
  
Check out the analysis of Unity Bancorp Correlation against competitors.
For more information on how to buy Unity Stock please use our How to Invest in Unity Bancorp guide.

Latest Unity Bancorp's Fixed Asset Turnover Growth Pattern

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

Unity Fixed Asset Turnover Regression Statistics

Arithmetic Mean3.02
Geometric Mean2.92
Coefficient Of Variation28.37
Mean Deviation0.67
Median2.75
Standard Deviation0.86
Sample Variance0.73
Range2.8703
R-Value0.51
Mean Square Error0.58
R-Squared0.26
Significance0.05
Slope0.1
Total Sum of Squares10.28

Unity Fixed Asset Turnover History

2024 2.34
2023 4.04
2022 4.88
2021 4.39
2020 3.66
2019 3.13
2018 2.69

About Unity Bancorp Financial Statements

Unity Bancorp investors use historical fundamental indicators, such as Unity Bancorp'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 Unity Bancorp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 4.04  2.34 

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Additional Tools for Unity Stock Analysis

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