GEV Depreciation from 2010 to 2024

GEV Stock   349.16  9.31  2.74%   
GE Vernova Depreciation yearly trend continues to be fairly stable with very little volatility. Depreciation will likely drop to about 834.9 M in 2024. Depreciation is the systematic allocation of the cost of a tangible asset over its useful life. View All Fundamentals
 
Depreciation  
First Reported
2010-12-31
Previous Quarter
964 M
Current Value
834.9 M
Quarterly Volatility
106.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check GE Vernova financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among GE Vernova's main balance sheet or income statement drivers, such as Tax Provision of 553.4 M, Interest Income of 45.2 M or Depreciation And Amortization of 834.9 M, as well as many indicators such as Price To Sales Ratio of 1.23, Dividend Yield of 0.0 or PTB Ratio of 3.26. GEV financial statements analysis is a perfect complement when working with GE Vernova Valuation or Volatility modules.
  
Check out the analysis of GE Vernova Correlation against competitors.

Latest GE Vernova's Depreciation Growth Pattern

Below is the plot of the Depreciation of GE Vernova LLC over the last few years. Depreciation indicates how much of GE Vernova LLC value has been used up. For tax purposes GE Vernova can deduct the cost of the tangible assets it purchases as business expenses. However, GE Vernova LLC must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. It is the systematic allocation of the cost of a tangible asset over its useful life. GE Vernova's Depreciation historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in GE Vernova's overall financial position and show how it may be relating to other accounts over time.
Depreciation10 Years Trend
Slightly volatile
   Depreciation   
       Timeline  

GEV Depreciation Regression Statistics

Arithmetic Mean1,126,795,556
Geometric Mean1,121,448,557
Coefficient Of Variation9.46
Mean Deviation78,727,111
Median1,176,000,000
Standard Deviation106,629,971
Sample Variance11370T
Range341.1M
R-Value(0.69)
Mean Square Error6470.6T
R-Squared0.47
Significance0
Slope(16,373,095)
Total Sum of Squares159179.3T

GEV Depreciation History

2024834.9 M
2023964 M
2022991 M

Other Fundumenentals of GE Vernova LLC

About GE Vernova Financial Statements

GE Vernova investors use historical fundamental indicators, such as GE Vernova's Depreciation, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in GE Vernova. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Depreciation And Amortization964 M834.9 M
Reconciled Depreciation964 MB
Depreciation964 M834.9 M
Capex To Depreciation 0.77  0.47 

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Additional Tools for GEV Stock Analysis

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