Smith Capex To Depreciation from 2010 to 2024

AOS Stock  USD 73.44  0.47  0.64%   
Smith AO Capex To Depreciation yearly trend continues to be comparatively stable with very little volatility. Capex To Depreciation will likely drop to 0.65 in 2024. Capex To Depreciation is the ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets. View All Fundamentals
 
Capex To Depreciation  
First Reported
2010-12-31
Previous Quarter
0.92720307
Current Value
0.65
Quarterly Volatility
0.27953154
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Smith AO financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Smith AO's main balance sheet or income statement drivers, such as Depreciation And Amortization of 48.4 M, Interest Expense of 12.6 M or Total Revenue of 2 B, as well as many indicators such as Price To Sales Ratio of 3.37, Dividend Yield of 0.023 or PTB Ratio of 7.04. Smith financial statements analysis is a perfect complement when working with Smith AO Valuation or Volatility modules.
  
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Latest Smith AO's Capex To Depreciation Growth Pattern

Below is the plot of the Capex To Depreciation of Smith AO over the last few years. It is the ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets. Smith AO's Capex To Depreciation historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Smith AO's overall financial position and show how it may be relating to other accounts over time.
Capex To Depreciation10 Years Trend
Slightly volatile
   Capex To Depreciation   
       Timeline  

Smith Capex To Depreciation Regression Statistics

Arithmetic Mean1.08
Geometric Mean1.05
Coefficient Of Variation25.78
Mean Deviation0.23
Median1.14
Standard Deviation0.28
Sample Variance0.08
Range0.9865
R-Value(0.58)
Mean Square Error0.06
R-Squared0.34
Significance0.02
Slope(0.04)
Total Sum of Squares1.09

Smith Capex To Depreciation History

2024 0.65
2023 0.93
2022 0.91
2021 0.96
2020 0.71
2019 0.82
2018 1.18

About Smith AO Financial Statements

Smith AO shareholders use historical fundamental indicators, such as Capex To Depreciation, to determine how well the company is positioned to perform in the future. Although Smith AO investors may analyze each financial statement separately, they are all interrelated. The changes in Smith AO's assets and liabilities, for example, are also reflected in the revenues and expenses on on Smith AO'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
Capex To Depreciation 0.93  0.65 

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Additional Tools for Smith Stock Analysis

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