CLPS Capex To Depreciation from 2010 to 2024

CLPS Stock  USD 1.10  0.01  0.90%   
CLPS Capex To Depreciation yearly trend continues to be comparatively stable with very little volatility. Capex To Depreciation is likely to outpace its year average 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
1.69045416
Current Value
3.16
Quarterly Volatility
5.59649142
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CLPS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CLPS's main balance sheet or income statement drivers, such as Tax Provision of 152.7 K, Discontinued Operations of 0.0 or Depreciation And Amortization of 667.6 K, as well as many indicators such as Price To Sales Ratio of 0.15, Dividend Yield of 0.12 or PTB Ratio of 0.34. CLPS financial statements analysis is a perfect complement when working with CLPS Valuation or Volatility modules.
  
Check out the analysis of CLPS Correlation against competitors.

Latest CLPS's Capex To Depreciation Growth Pattern

Below is the plot of the Capex To Depreciation of CLPS Inc 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. CLPS's Capex To Depreciation historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CLPS's overall financial position and show how it may be relating to other accounts over time.
Capex To Depreciation10 Years Trend
Very volatile
   Capex To Depreciation   
       Timeline  

CLPS Capex To Depreciation Regression Statistics

Arithmetic Mean4.60
Geometric Mean2.45
Coefficient Of Variation121.61
Mean Deviation3.58
Median3.16
Standard Deviation5.60
Sample Variance31.32
Range22.4634
R-Value(0.09)
Mean Square Error33.45
R-Squared0.01
Significance0.75
Slope(0.11)
Total Sum of Squares438.49

CLPS Capex To Depreciation History

2024 3.16
2023 1.69
2022 0.43
2021 22.75
2020 1.58
2019 0.28
2018 1.24

About CLPS Financial Statements

CLPS shareholders use historical fundamental indicators, such as Capex To Depreciation, to determine how well the company is positioned to perform in the future. Although CLPS investors may analyze each financial statement separately, they are all interrelated. The changes in CLPS's assets and liabilities, for example, are also reflected in the revenues and expenses on on CLPS'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 1.69  3.16 

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Additional Tools for CLPS Stock Analysis

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