Citizens Capex To Depreciation from 2010 to 2024

CFG-PH Stock   27.28  0.37  1.37%   
Citizens Financial's Capex To Depreciation is decreasing with slightly volatile movements from year to year. Capex To Depreciation is estimated to finish at 0.68 this year. 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
0.35983264
Current Value
0.68
Quarterly Volatility
0.27216529
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Citizens Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Citizens Financial's main balance sheet or income statement drivers, such as Tax Provision of 523.3 M, Net Interest Income of 5.9 B or Interest Income of 7.6 B, as well as many indicators such as Price To Sales Ratio of 685, Dividend Yield of 0.0316 or PTB Ratio of 0.61. Citizens financial statements analysis is a perfect complement when working with Citizens Financial Valuation or Volatility modules.
  
Check out the analysis of Citizens Financial Correlation against competitors.

Latest Citizens Financial's Capex To Depreciation Growth Pattern

Below is the plot of the Capex To Depreciation of Citizens Financial Group, 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. Citizens Financial's Capex To Depreciation historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Citizens Financial'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  

Citizens Capex To Depreciation Regression Statistics

Arithmetic Mean0.64
Geometric Mean0.56
Coefficient Of Variation42.82
Mean Deviation0.22
Median0.68
Standard Deviation0.27
Sample Variance0.07
Range0.7934
R-Value(0.66)
Mean Square Error0.04
R-Squared0.44
Significance0.01
Slope(0.04)
Total Sum of Squares1.04

Citizens Capex To Depreciation History

2024 0.68
2023 0.36
2022 0.22
2020 0.2
2018 0.99
2017 0.88
2016 0.58

About Citizens Financial Financial Statements

Investors use fundamental indicators, such as Citizens Financial's Capex To Depreciation, to determine how well the company is positioned to perform in the future. Although Citizens Financial'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
Capex To Depreciation 0.36  0.68 

Currently Active Assets on Macroaxis

When determining whether Citizens Financial Group, is a strong investment it is important to analyze Citizens Financial'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 Citizens Financial's future performance. For an informed investment choice regarding Citizens Stock, refer to the following important reports:
Check out the analysis of Citizens Financial Correlation against competitors.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Please note, there is a significant difference between Citizens Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Citizens Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Citizens Financial'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.