Galaxy Depreciation from 2010 to 2026

GLXY Stock   21.66  1.51  7.49%   
Galaxy Digital Depreciation yearly trend continues to be fairly stable with very little volatility. Depreciation is likely to outpace its year average in 2026. Depreciation is the systematic allocation of the cost of a tangible asset over its useful life. View All Fundamentals
 
Depreciation  
First Reported
2007-06-30
Previous Quarter
6.5 M
Current Value
7.4 M
Quarterly Volatility
4.8 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Galaxy Digital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Galaxy Digital's main balance sheet or income statement drivers, such as Other Operating Expenses of 63.8 B, Operating Income of 603.9 M or EBITDA of 639.6 M, as well as many indicators such as Price To Sales Ratio of 0.0546, Dividend Yield of 0.0 or PTB Ratio of 3.17. Galaxy financial statements analysis is a perfect complement when working with Galaxy Digital Valuation or Volatility modules.
  
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Check out the analysis of Galaxy Digital Correlation against competitors.
The evolution of Depreciation for Galaxy Digital Holdings provides essential context for understanding the company's financial health trajectory. By analyzing this metric's behavior over time, investors can assess whether recent trends align with long-term patterns, and how Galaxy Digital compares to historical norms and industry peers.

Latest Galaxy Digital's Depreciation Growth Pattern

Below is the plot of the Depreciation of Galaxy Digital Holdings over the last few years. Depreciation indicates how much of Galaxy Digital Holdings value has been used up. For tax purposes Galaxy Digital can deduct the cost of the tangible assets it purchases as business expenses. However, Galaxy Digital Holdings 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. Galaxy Digital's Depreciation historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Galaxy Digital's overall financial position and show how it may be relating to other accounts over time.
Depreciation10 Years Trend
Slightly volatile
   Depreciation   
       Timeline  

Galaxy Depreciation Regression Statistics

Arithmetic Mean32,783,624
Geometric Mean23,282,060
Coefficient Of Variation26.48
Mean Deviation3,852,434
Median34,069,000
Standard Deviation8,682,299
Sample Variance75.4T
Range41.1M
R-Value0.52
Mean Square Error58.7T
R-Squared0.27
Significance0.03
Slope893,567
Total Sum of Squares1206.1T

Galaxy Depreciation History

202641.1 M
202539.2 M
201134.1 M
201037.9 K

Other Fundumenentals of Galaxy Digital Holdings

Galaxy Digital Depreciation component correlations

0.870.990.510.541.01.00.990.57-0.20.430.310.760.80.99-0.94-0.94
0.870.810.810.850.840.820.820.570.280.440.310.740.820.81-0.77-0.77
0.990.810.410.431.01.01.00.55-0.320.420.310.740.771.0-0.95-0.95
0.510.810.410.770.440.430.420.360.50.580.520.470.450.42-0.4-0.4
0.540.850.430.770.480.460.450.430.710.09-0.050.470.620.44-0.42-0.42
1.00.841.00.440.481.01.00.56-0.260.420.30.760.80.99-0.95-0.95
1.00.821.00.430.461.01.00.56-0.290.420.30.740.771.0-0.95-0.95
0.990.821.00.420.451.01.00.56-0.290.420.30.740.781.0-0.95-0.95
0.570.570.550.360.430.560.560.560.030.20.120.430.490.56-0.54-0.54
-0.20.28-0.320.50.71-0.26-0.29-0.290.03-0.17-0.230.00.13-0.30.290.29
0.430.440.420.580.090.420.420.420.2-0.170.980.690.370.38-0.27-0.27
0.310.310.310.52-0.050.30.30.30.12-0.230.980.540.170.27-0.17-0.17
0.760.740.740.470.470.760.740.740.430.00.690.540.850.7-0.57-0.57
0.80.820.770.450.620.80.770.780.490.130.370.170.850.77-0.73-0.73
0.990.811.00.420.440.991.01.00.56-0.30.380.270.70.77-0.97-0.97
-0.94-0.77-0.95-0.4-0.42-0.95-0.95-0.95-0.540.29-0.27-0.17-0.57-0.73-0.971.0
-0.94-0.77-0.95-0.4-0.42-0.95-0.95-0.95-0.540.29-0.27-0.17-0.57-0.73-0.971.0
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About Galaxy Digital Financial Statements

Galaxy Digital investors use historical fundamental indicators, such as Galaxy Digital'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 Galaxy Digital. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Depreciation And Amortization39.2 M41.1 M
Depreciation39.2 M41.1 M
Capex To Depreciation 0.22  0.21 

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Additional Tools for Galaxy Stock Analysis

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