Corvus Capex To Depreciation from 2010 to 2024

CRVS Stock  USD 8.94  0.70  8.50%   
Corvus Pharmaceuticals Capex To Depreciation yearly trend continues to be comparatively stable with very little volatility. Capex To Depreciation will likely drop to 0.21 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
0.22516556
Current Value
0.21
Quarterly Volatility
5.72918574
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Corvus Pharmaceuticals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Corvus Pharmaceuticals' main balance sheet or income statement drivers, such as Depreciation And Amortization of 143.4 K, Interest Expense of 864.5 K or Selling General Administrative of 8.6 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 2.29. Corvus financial statements analysis is a perfect complement when working with Corvus Pharmaceuticals Valuation or Volatility modules.
  
Check out the analysis of Corvus Pharmaceuticals Correlation against competitors.
For more information on how to buy Corvus Stock please use our How to Invest in Corvus Pharmaceuticals guide.

Latest Corvus Pharmaceuticals' Capex To Depreciation Growth Pattern

Below is the plot of the Capex To Depreciation of Corvus Pharmaceuticals 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. Corvus Pharmaceuticals' Capex To Depreciation historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Corvus Pharmaceuticals' 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  

Corvus Capex To Depreciation Regression Statistics

Arithmetic Mean5.11
Geometric Mean1.05
Coefficient Of Variation112.20
Mean Deviation5.36
Median0.73
Standard Deviation5.73
Sample Variance32.82
Range11.7932
R-Value(0.88)
Mean Square Error8.08
R-Squared0.77
Significance0.000017
Slope(1.13)
Total Sum of Squares459.53

Corvus Capex To Depreciation History

2024 0.21
2023 0.23
2022 0.73
2021 0.0109
2020 0.12
2019 0.0336
2018 0.42

About Corvus Pharmaceuticals Financial Statements

Corvus Pharmaceuticals shareholders use historical fundamental indicators, such as Capex To Depreciation, to determine how well the company is positioned to perform in the future. Although Corvus Pharmaceuticals investors may analyze each financial statement separately, they are all interrelated. The changes in Corvus Pharmaceuticals' assets and liabilities, for example, are also reflected in the revenues and expenses on on Corvus Pharmaceuticals' 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 0.23  0.21 

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Additional Tools for Corvus Stock Analysis

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