Hurco Capex To Depreciation from 2010 to 2024

HURC Stock  USD 23.19  0.21  0.90%   
Hurco Companies' Capex To Depreciation is decreasing over the years with slightly volatile fluctuation. Overall, Capex To Depreciation is expected to go to 1.12 this year. 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
0.72
Current Value
1.12
Quarterly Volatility
0.46844341
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hurco Companies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hurco Companies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.7 M, Interest Expense of 241.1 K or Total Revenue of 153 M, as well as many indicators such as Price To Sales Ratio of 0.53, Dividend Yield of 0.0301 or PTB Ratio of 0.64. Hurco financial statements analysis is a perfect complement when working with Hurco Companies Valuation or Volatility modules.
  
Check out the analysis of Hurco Companies Correlation against competitors.
For information on how to trade Hurco Stock refer to our How to Trade Hurco Stock guide.

Latest Hurco Companies' Capex To Depreciation Growth Pattern

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

Hurco Capex To Depreciation Regression Statistics

Arithmetic Mean1.01
Geometric Mean0.91
Coefficient Of Variation46.59
Mean Deviation0.37
Median0.90
Standard Deviation0.47
Sample Variance0.22
Range1.7608
R-Value(0.45)
Mean Square Error0.19
R-Squared0.21
Significance0.09
Slope(0.05)
Total Sum of Squares3.07

Hurco Capex To Depreciation History

2024 1.12
2023 0.72
2022 0.63
2020 0.56
2019 0.36
2018 1.3
2017 1.58

About Hurco Companies Financial Statements

Hurco Companies stakeholders use historical fundamental indicators, such as Hurco Companies' Capex To Depreciation, to determine how well the company is positioned to perform in the future. Although Hurco Companies investors may analyze each financial statement separately, they are all interrelated. For example, changes in Hurco Companies' assets and liabilities are reflected in the revenues and expenses on Hurco Companies' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Hurco Companies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Capex To Depreciation 0.72  1.12 

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When determining whether Hurco Companies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hurco Companies' 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 Hurco Companies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hurco Companies Stock:
Check out the analysis of Hurco Companies Correlation against competitors.
For information on how to trade Hurco Stock refer to our How to Trade Hurco Stock guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Industrial Machinery & Supplies & Components 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 Hurco Companies. If investors know Hurco 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 Hurco Companies 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
0.686
Dividend Share
0.48
Earnings Share
(1.97)
Revenue Per Share
30.639
Quarterly Revenue Growth
(0.20)
The market value of Hurco Companies is measured differently than its book value, which is the value of Hurco that is recorded on the company's balance sheet. Investors also form their own opinion of Hurco Companies' value that differs from its market value or its book value, called intrinsic value, which is Hurco Companies' 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 Hurco Companies' market value can be influenced by many factors that don't directly affect Hurco Companies' 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 Hurco Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hurco Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hurco Companies' 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.