Zions Fixed Asset Turnover from 2010 to 2024

ZIONL Stock  USD 25.50  0.02  0.08%   
Zions Bancorporation Fixed Asset Turnover yearly trend continues to be quite stable with very little volatility. Fixed Asset Turnover may rise above 3.42 this year. From the period between 2010 and 2024, Zions Bancorporation, Fixed Asset Turnover regression line of its data series had standard deviation of  0.42 and standard deviation of  0.42. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
1.72073791
Current Value
3.42
Quarterly Volatility
0.41781065
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Zions Bancorporation financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Zions Bancorporation's main balance sheet or income statement drivers, such as Depreciation And Amortization of 101.4 M, Interest Expense of 1.6 B or Selling General Administrative of 677.4 M, as well as many indicators such as Price To Sales Ratio of 2.32, Dividend Yield of 0.022 or PTB Ratio of 1.69. Zions financial statements analysis is a perfect complement when working with Zions Bancorporation Valuation or Volatility modules.
  
Check out the analysis of Zions Bancorporation Correlation against competitors.
For more information on how to buy Zions Stock please use our How to buy in Zions Stock guide.

Latest Zions Bancorporation's Fixed Asset Turnover Growth Pattern

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

Zions Fixed Asset Turnover Regression Statistics

Arithmetic Mean2.54
Geometric Mean2.51
Coefficient Of Variation16.45
Mean Deviation0.31
Median2.48
Standard Deviation0.42
Sample Variance0.17
Range1.6993
R-Value(0.31)
Mean Square Error0.17
R-Squared0.1
Significance0.26
Slope(0.03)
Total Sum of Squares2.44

Zions Fixed Asset Turnover History

2024 3.42
2023 1.72
2022 2.37
2021 2.21
2017 2.38
2016 2.34
2015 2.31

About Zions Bancorporation Financial Statements

Zions Bancorporation investors utilize fundamental indicators, such as Fixed Asset Turnover, to predict how Zions Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 1.72  3.42 

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When determining whether Zions Bancorporation is a strong investment it is important to analyze Zions Bancorporation's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Zions Bancorporation's future performance. For an informed investment choice regarding Zions Stock, refer to the following important reports:
Check out the analysis of Zions Bancorporation Correlation against competitors.
For more information on how to buy Zions Stock please use our How to buy in Zions Stock guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Oil & Gas Exploration & Production 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 Zions Bancorporation. If investors know Zions 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 Zions Bancorporation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Zions Bancorporation is measured differently than its book value, which is the value of Zions that is recorded on the company's balance sheet. Investors also form their own opinion of Zions Bancorporation's value that differs from its market value or its book value, called intrinsic value, which is Zions Bancorporation'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 Zions Bancorporation's market value can be influenced by many factors that don't directly affect Zions Bancorporation'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 Zions Bancorporation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zions Bancorporation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zions Bancorporation'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.