CLPS Depreciation And Amortization from 2010 to 2024

CLPS Stock  USD 1.11  0.01  0.91%   
CLPS Depreciation And Amortization yearly trend continues to be comparatively stable with very little volatility. Depreciation And Amortization will likely drop to about 667.6 K in 2024. 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
2016-09-30
Previous Quarter
763.7 K
Current Value
609.9 K
Quarterly Volatility
193.2 K
 
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 Depreciation And Amortization Growth Pattern

Below is the plot of the Depreciation And Amortization of CLPS Inc 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. CLPS's Depreciation And Amortization 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.
Depreciation And Amortization10 Years Trend
Slightly volatile
   Depreciation And Amortization   
       Timeline  

CLPS Depreciation And Amortization Regression Statistics

Arithmetic Mean426,716
Geometric Mean217,090
Coefficient Of Variation102.10
Mean Deviation368,309
Median206,169
Standard Deviation435,686
Sample Variance189.8B
Range1.2M
R-Value0.88
Mean Square Error46.8B
R-Squared0.77
Significance0.000017
Slope85,549
Total Sum of Squares2.7T

CLPS Depreciation And Amortization History

2024667.6 K
20231.3 M
20221.2 M
2021912.2 K
2020677.2 K
2019593.2 K
2018403.7 K

About CLPS Financial Statements

CLPS shareholders use historical fundamental indicators, such as Depreciation And Amortization, 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
Depreciation And Amortization1.3 M667.6 K

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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.