Citigroup Depreciation And Amortization from 2010 to 2024

C Stock  USD 69.21  0.93  1.36%   
Citigroup's Depreciation And Amortization is increasing over the years with slightly volatile fluctuation. Depreciation And Amortization is expected to dwindle to about 2.7 B. Depreciation And Amortization is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. View All Fundamentals
 
Depreciation And Amortization  
First Reported
1990-03-31
Previous Quarter
1.1 B
Current Value
1.1 B
Quarterly Volatility
453.7 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Citigroup financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Citigroup's main balance sheet or income statement drivers, such as Interest Expense of 82.3 B or Other Operating Expenses of 35.2 B, as well as many indicators such as Price To Sales Ratio of 1.61 or Dividend Yield of 0.0551. Citigroup financial statements analysis is a perfect complement when working with Citigroup Valuation or Volatility modules.
  
Check out the analysis of Citigroup Correlation against competitors.
For information on how to trade Citigroup Stock refer to our How to Trade Citigroup Stock guide.

Latest Citigroup's Depreciation And Amortization Growth Pattern

Below is the plot of the Depreciation And Amortization of Citigroup over the last few years. It is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. Citigroup's Depreciation And Amortization historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Citigroup's overall financial position and show how it may be relating to other accounts over time.
Depreciation And Amortization10 Years Trend
Slightly volatile
   Depreciation And Amortization   
       Timeline  

Citigroup Depreciation And Amortization Regression Statistics

Arithmetic Mean3,353,843,829
Geometric Mean2,794,560,711
Coefficient Of Variation31.63
Mean Deviation709,008,229
Median3,659,000,000
Standard Deviation1,060,866,849
Sample Variance1125438.5T
Range4.5B
R-Value0.62
Mean Square Error741697.4T
R-Squared0.39
Significance0.01
Slope147,770,007
Total Sum of Squares15756138.6T

Citigroup Depreciation And Amortization History

20242.7 B
20234.6 B
20224.3 B
2021B
20203.9 B
20193.9 B
20183.8 B

About Citigroup Financial Statements

Citigroup stakeholders use historical fundamental indicators, such as Citigroup's Depreciation And Amortization, to determine how well the company is positioned to perform in the future. Although Citigroup investors may analyze each financial statement separately, they are all interrelated. For example, changes in Citigroup's assets and liabilities are reflected in the revenues and expenses on Citigroup's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Citigroup. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Depreciation And Amortization4.6 B2.7 B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out the analysis of Citigroup Correlation against competitors.
For information on how to trade Citigroup Stock refer to our How to Trade Citigroup Stock guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Diversified 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 Citigroup. If investors know Citigroup 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 Citigroup 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
(0.07)
Dividend Share
2.15
Earnings Share
3.5
Revenue Per Share
36.345
Quarterly Revenue Growth
(0.02)
The market value of Citigroup is measured differently than its book value, which is the value of Citigroup that is recorded on the company's balance sheet. Investors also form their own opinion of Citigroup's value that differs from its market value or its book value, called intrinsic value, which is Citigroup'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 Citigroup's market value can be influenced by many factors that don't directly affect Citigroup'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 Citigroup's value and its price as these two are different measures arrived at by different means. Investors typically determine if Citigroup is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Citigroup'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.