NiSource Capex To Depreciation from 2010 to 2024

NI Stock  USD 38.25  0.30  0.79%   
NiSource's Capex To Depreciation is increasing with stable movements from year to year. Capex To Depreciation is predicted to flatten to 1.97. 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
2.91323497
Current Value
1.97
Quarterly Volatility
0.58423634
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NiSource financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NiSource's main balance sheet or income statement drivers, such as Interest Expense of 514.1 M, Total Revenue of 5 B or Gross Profit of 3.5 B, as well as many indicators such as Price To Sales Ratio of 2.11, Dividend Yield of 0.0393 or PTB Ratio of 0.7. NiSource financial statements analysis is a perfect complement when working with NiSource Valuation or Volatility modules.
  
Check out the analysis of NiSource Correlation against competitors.
For more detail on how to invest in NiSource Stock please use our How to Invest in NiSource guide.

Latest NiSource's Capex To Depreciation Growth Pattern

Below is the plot of the Capex To Depreciation of NiSource 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. NiSource's Capex To Depreciation historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NiSource's overall financial position and show how it may be relating to other accounts over time.
Capex To Depreciation10 Years Trend
Pretty Stable
   Capex To Depreciation   
       Timeline  

NiSource Capex To Depreciation Regression Statistics

Arithmetic Mean2.57
Geometric Mean2.49
Coefficient Of Variation22.71
Mean Deviation0.40
Median2.67
Standard Deviation0.58
Sample Variance0.34
Range2.3731
R-Value0.17
Mean Square Error0.36
R-Squared0.03
Significance0.55
Slope0.02
Total Sum of Squares4.78

NiSource Capex To Depreciation History

2024 1.97
2023 2.91
2022 2.68
2021 2.46
2020 2.42
2019 2.51
2018 3.03

About NiSource Financial Statements

Investors use fundamental indicators, such as NiSource's Capex To Depreciation, to determine how well the company is positioned to perform in the future. Although NiSource's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Capex To Depreciation 2.91  1.97 

Currently Active Assets on Macroaxis

Check out the analysis of NiSource Correlation against competitors.
For more detail on how to invest in NiSource Stock please use our How to Invest in NiSource guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Multi-Utilities 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 NiSource. If investors know NiSource 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 NiSource 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
0.097
Dividend Share
1.06
Earnings Share
1.64
Revenue Per Share
11.933
Quarterly Revenue Growth
0.048
The market value of NiSource is measured differently than its book value, which is the value of NiSource that is recorded on the company's balance sheet. Investors also form their own opinion of NiSource's value that differs from its market value or its book value, called intrinsic value, which is NiSource'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 NiSource's market value can be influenced by many factors that don't directly affect NiSource'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 NiSource's value and its price as these two are different measures arrived at by different means. Investors typically determine if NiSource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NiSource'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.