Diamondrock Accumulated Depreciation from 2010 to 2024

DRH Stock  USD 9.17  0.03  0.33%   
Diamondrock Hospitality's Accumulated Depreciation is decreasing with slightly volatile movements from year to year. Accumulated Depreciation is predicted to flatten to about -567.5 M. For the period between 2010 and 2024, Diamondrock Hospitality, Accumulated Depreciation quarterly trend regression had median of (600,555,000) and r-value of (0.54). View All Fundamentals
 
Accumulated Depreciation  
First Reported
2010-12-31
Previous Quarter
-540.5 M
Current Value
-567.5 M
Quarterly Volatility
66 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Diamondrock Hospitality financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Diamondrock Hospitality's main balance sheet or income statement drivers, such as Depreciation And Amortization of 184.3 M, Interest Expense of 61.8 M or Total Revenue of 760.9 M, as well as many indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.0418 or PTB Ratio of 0.9. Diamondrock financial statements analysis is a perfect complement when working with Diamondrock Hospitality Valuation or Volatility modules.
  
Check out the analysis of Diamondrock Hospitality Correlation against competitors.
For more detail on how to invest in Diamondrock Stock please use our How to Invest in Diamondrock Hospitality guide.

Latest Diamondrock Hospitality's Accumulated Depreciation Growth Pattern

Below is the plot of the Accumulated Depreciation of Diamondrock Hospitality over the last few years. Accumulated depreciation is the total amount of depreciation for Diamondrock Hospitality fixed asset that has been charged to Diamondrock Hospitality expense since that asset was acquired and made available for Diamondrock Hospitality use. The accumulated depreciation account is Diamondrock Hospitality asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Diamondrock Hospitality. It is Diamondrock Hospitality's Accumulated Depreciation historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Diamondrock Hospitality's overall financial position and show how it may be relating to other accounts over time.
Accumulated Depreciation10 Years Trend
Slightly volatile
   Accumulated Depreciation   
       Timeline  

Diamondrock Accumulated Depreciation Regression Statistics

Arithmetic Mean(564,210,598)
Coefficient Of Variation(11.70)
Mean Deviation48,901,052
Median(600,555,000)
Standard Deviation66,006,337
Sample Variance4356.8T
Range203.9M
R-Value(0.54)
Mean Square Error3308.6T
R-Squared0.29
Significance0.04
Slope(8,014,173)
Total Sum of Squares60995.7T

Diamondrock Accumulated Depreciation History

2024-567.5 M
2023-540.5 M
2013-600.6 M
2012-519.7 M
2011-433.2 M
2010-396.7 M

About Diamondrock Hospitality Financial Statements

Investors use fundamental indicators, such as Diamondrock Hospitality's Accumulated Depreciation, to determine how well the company is positioned to perform in the future. Although Diamondrock Hospitality'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
Accumulated Depreciation-540.5 M-567.5 M

Currently Active Assets on Macroaxis

When determining whether Diamondrock Hospitality offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Diamondrock Hospitality's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Diamondrock Hospitality Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Diamondrock Hospitality Stock:
Check out the analysis of Diamondrock Hospitality Correlation against competitors.
For more detail on how to invest in Diamondrock Stock please use our How to Invest in Diamondrock Hospitality guide.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Hotel & Resort REITs 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 Diamondrock Hospitality. If investors know Diamondrock 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 Diamondrock Hospitality 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
(0.06)
Dividend Share
0.12
Earnings Share
0.29
Revenue Per Share
5.283
Quarterly Revenue Growth
0.031
The market value of Diamondrock Hospitality is measured differently than its book value, which is the value of Diamondrock that is recorded on the company's balance sheet. Investors also form their own opinion of Diamondrock Hospitality's value that differs from its market value or its book value, called intrinsic value, which is Diamondrock Hospitality'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 Diamondrock Hospitality's market value can be influenced by many factors that don't directly affect Diamondrock Hospitality'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 Diamondrock Hospitality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamondrock Hospitality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamondrock Hospitality'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.