LGL Accumulated Depreciation from 2010 to 2024
LGL Stock | USD 6.00 0.15 2.44% |
Accumulated Depreciation | First Reported 2010-12-31 | Previous Quarter -18.3 M | Current Value -19.2 M | Quarterly Volatility 538.7 K |
Check LGL financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among LGL's main balance sheet or income statement drivers, such as Depreciation And Amortization of 20.9 K, Interest Expense of 3.4 M or Total Revenue of 1.6 M, as well as many indicators such as Price To Sales Ratio of 19.97, Dividend Yield of 4.0E-4 or PTB Ratio of 0.7. LGL financial statements analysis is a perfect complement when working with LGL Valuation or Volatility modules.
LGL | Accumulated Depreciation |
Latest LGL's Accumulated Depreciation Growth Pattern
Below is the plot of the Accumulated Depreciation of LGL Group over the last few years. Accumulated depreciation is the total amount of depreciation for LGL Group fixed asset that has been charged to LGL expense since that asset was acquired and made available for LGL use. The accumulated depreciation account is LGL Group 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 LGL Group. It is LGL's Accumulated Depreciation historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in LGL's overall financial position and show how it may be relating to other accounts over time.
Accumulated Depreciation | 10 Years Trend |
|
Accumulated Depreciation |
Timeline |
LGL Accumulated Depreciation Regression Statistics
Arithmetic Mean | (19,488,928) | |
Coefficient Of Variation | (2.76) | |
Mean Deviation | 391,648 | |
Median | (19,304,000) | |
Standard Deviation | 538,715 | |
Sample Variance | 290.2B | |
Range | 2M | |
R-Value | (0.21) | |
Mean Square Error | 298.6B | |
R-Squared | 0.04 | |
Significance | 0.45 | |
Slope | (25,407) | |
Total Sum of Squares | 4.1T |
LGL Accumulated Depreciation History
About LGL Financial Statements
LGL investors utilize fundamental indicators, such as Accumulated Depreciation, to predict how LGL 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 Reported | Projected for Next Year | ||
Accumulated Depreciation | -18.3 M | -19.2 M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out the analysis of LGL Correlation against competitors. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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 LGL. If investors know LGL 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 LGL 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 (0.85) | Earnings Share 0.08 | Revenue Per Share 0.734 | Quarterly Revenue Growth 0.481 | Return On Assets 0.0126 |
The market value of LGL Group is measured differently than its book value, which is the value of LGL that is recorded on the company's balance sheet. Investors also form their own opinion of LGL's value that differs from its market value or its book value, called intrinsic value, which is LGL'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 LGL's market value can be influenced by many factors that don't directly affect LGL'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 LGL's value and its price as these two are different measures arrived at by different means. Investors typically determine if LGL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LGL'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.