ICZOOM Capex To Depreciation from 2010 to 2024

IZM Stock   2.29  0.05  2.23%   
ICZOOM Group Capex To Depreciation yearly trend continues to be very stable with very little volatility. Capex To Depreciation is likely to drop to 0.18. 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
0.18465404
Current Value
0.18
Quarterly Volatility
0.72030452
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ICZOOM Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ICZOOM Group's main balance sheet or income statement drivers, such as Interest Income of 66 K, Depreciation And Amortization of 896.7 K or Interest Expense of 518.9 K, as well as many indicators such as Price To Sales Ratio of 0.2, Dividend Yield of 0.0 or PTB Ratio of 1.24. ICZOOM financial statements analysis is a perfect complement when working with ICZOOM Group Valuation or Volatility modules.
  
Check out the analysis of ICZOOM Group Correlation against competitors.

Latest ICZOOM Group's Capex To Depreciation Growth Pattern

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

ICZOOM Capex To Depreciation Regression Statistics

Arithmetic Mean1.12
Geometric Mean0.77
Coefficient Of Variation64.45
Mean Deviation0.67
Median1.68
Standard Deviation0.72
Sample Variance0.52
Range1.5106
R-Value(0.87)
Mean Square Error0.14
R-Squared0.75
Significance0.00003
Slope(0.14)
Total Sum of Squares7.26

ICZOOM Capex To Depreciation History

2023 0.18
2022 0.25
2021 0.17
2020 0.21
2019 0.67

About ICZOOM Group Financial Statements

ICZOOM Group investors utilize fundamental indicators, such as Capex To Depreciation, to predict how ICZOOM Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Capex To Depreciation 0.18  0.18 

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When determining whether ICZOOM Group Class is a strong investment it is important to analyze ICZOOM Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ICZOOM Group's future performance. For an informed investment choice regarding ICZOOM Stock, refer to the following important reports:
Check out the analysis of ICZOOM Group Correlation against competitors.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Electronic Equipment, Instruments & 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 ICZOOM Group. If investors know ICZOOM 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 ICZOOM Group 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
(0.50)
Earnings Share
(0.22)
Revenue Per Share
17.084
Quarterly Revenue Growth
(0.04)
Return On Assets
(0.01)
The market value of ICZOOM Group Class is measured differently than its book value, which is the value of ICZOOM that is recorded on the company's balance sheet. Investors also form their own opinion of ICZOOM Group's value that differs from its market value or its book value, called intrinsic value, which is ICZOOM Group'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 ICZOOM Group's market value can be influenced by many factors that don't directly affect ICZOOM Group'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 ICZOOM Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if ICZOOM Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ICZOOM Group'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.