Old Capex To Depreciation from 2010 to 2024

OPOF Stock  USD 21.65  0.87  4.19%   
Old Point's Capex To Depreciation is decreasing over the last several years with slightly volatile swings. Capex To Depreciation is predicted to flatten to 0.39. 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
0.40845617
Current Value
0.39
Quarterly Volatility
1.3745667
 
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Yuan Drop
 
Covid
Check Old Point financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Old Point's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.9 M, Interest Expense of 19.3 M or Selling General Administrative of 18.6 M, as well as many indicators such as Price To Sales Ratio of 1.44, Dividend Yield of 0.0238 or PTB Ratio of 1.36. Old financial statements analysis is a perfect complement when working with Old Point Valuation or Volatility modules.
  
Check out the analysis of Old Point Correlation against competitors.

Latest Old Point's Capex To Depreciation Growth Pattern

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

Old Capex To Depreciation Regression Statistics

Arithmetic Mean1.13
Geometric Mean0.71
Coefficient Of Variation121.91
Mean Deviation0.91
Median0.62
Standard Deviation1.37
Sample Variance1.89
Range5.3817
R-Value(0.54)
Mean Square Error1.44
R-Squared0.29
Significance0.04
Slope(0.17)
Total Sum of Squares26.45

Old Capex To Depreciation History

2024 0.39
2023 0.41
2022 0.56
2021 0.62
2020 0.37
2019 0.7
2018 0.19

About Old Point Financial Statements

Old Point stakeholders use historical fundamental indicators, such as Old Point's Capex To Depreciation, to determine how well the company is positioned to perform in the future. Although Old Point investors may analyze each financial statement separately, they are all interrelated. For example, changes in Old Point's assets and liabilities are reflected in the revenues and expenses on Old Point's 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 Old Point Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Capex To Depreciation 0.41  0.39 

Currently Active Assets on Macroaxis

When determining whether Old Point Financial is a strong investment it is important to analyze Old Point'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 Old Point's future performance. For an informed investment choice regarding Old Stock, refer to the following important reports:
Check out the analysis of Old Point Correlation against competitors.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Regional Banks 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 Old Point. If investors know Old 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 Old Point 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
0.738
Dividend Share
0.56
Earnings Share
1.61
Revenue Per Share
11.771
Quarterly Revenue Growth
0.076
The market value of Old Point Financial is measured differently than its book value, which is the value of Old that is recorded on the company's balance sheet. Investors also form their own opinion of Old Point's value that differs from its market value or its book value, called intrinsic value, which is Old Point'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 Old Point's market value can be influenced by many factors that don't directly affect Old Point'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 Old Point's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old Point is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old Point'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.