Washington Fixed Asset Turnover from 2010 to 2024

WASH Stock  USD 37.73  0.32  0.86%   
Washington Trust's Fixed Asset Turnover is decreasing with stable movements from year to year. Fixed Asset Turnover is predicted to flatten to 2.82. For the period between 2010 and 2024, Washington Trust, Fixed Asset Turnover quarterly trend regression had mean deviation of  1.30 and range of 5.3691. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
3.08228043
Current Value
2.82
Quarterly Volatility
1.53170517
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Washington Trust financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Washington Trust's main balance sheet or income statement drivers, such as Interest Expense of 180.1 M, Other Operating Expenses of 123.3 M or Operating Income of 77.1 M, as well as many indicators such as Price To Sales Ratio of 2.78, Dividend Yield of 0.0404 or PTB Ratio of 1.46. Washington financial statements analysis is a perfect complement when working with Washington Trust Valuation or Volatility modules.
  
Check out the analysis of Washington Trust Correlation against competitors.

Latest Washington Trust's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Washington Trust Bancorp over the last few years. It is Washington Trust's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Washington Trust's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Pretty Stable
   Fixed Asset Turnover   
       Timeline  

Washington Fixed Asset Turnover Regression Statistics

Arithmetic Mean4.62
Geometric Mean4.31
Coefficient Of Variation33.16
Mean Deviation1.30
Median5.31
Standard Deviation1.53
Sample Variance2.35
Range5.3691
R-Value(0.27)
Mean Square Error2.34
R-Squared0.07
Significance0.33
Slope(0.09)
Total Sum of Squares32.85

Washington Fixed Asset Turnover History

2024 2.82
2023 3.08
2022 3.72
2021 4.12
2020 3.89
2019 3.61
2018 6.7

About Washington Trust Financial Statements

Investors use fundamental indicators, such as Washington Trust's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Washington Trust's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Fixed Asset Turnover 3.08  2.82 

Currently Active Assets on Macroaxis

When determining whether Washington Trust Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Washington Trust'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 Washington Trust Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Washington Trust Bancorp Stock:
Check out the analysis of Washington Trust Correlation against competitors.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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 Washington Trust. If investors know Washington 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 Washington Trust 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
(0.01)
Dividend Share
2.24
Earnings Share
2.67
Revenue Per Share
11.087
Quarterly Revenue Growth
(0)
The market value of Washington Trust Bancorp is measured differently than its book value, which is the value of Washington that is recorded on the company's balance sheet. Investors also form their own opinion of Washington Trust's value that differs from its market value or its book value, called intrinsic value, which is Washington Trust'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 Washington Trust's market value can be influenced by many factors that don't directly affect Washington Trust'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 Washington Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Washington Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Washington Trust'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.