Ocean Capex To Depreciation from 2010 to 2024

OPTT Stock  USD 0.37  0.08  27.59%   
Ocean Power Capex To Depreciation yearly trend continues to be comparatively stable with very little volatility. Capex To Depreciation will likely drop to 1.53 in 2024. 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
2.22652885
Current Value
1.53
Quarterly Volatility
1.58888818
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ocean Power financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ocean Power's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 M, Interest Expense of 3.2 M or Total Revenue of 5.8 M, as well as many indicators such as Price To Sales Ratio of 1.96, Dividend Yield of 0.0 or PTB Ratio of 0.56. Ocean financial statements analysis is a perfect complement when working with Ocean Power Valuation or Volatility modules.
  
Check out the analysis of Ocean Power Correlation against competitors.

Latest Ocean Power's Capex To Depreciation Growth Pattern

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

Ocean Capex To Depreciation Regression Statistics

Arithmetic Mean1.24
Geometric Mean0.52
Coefficient Of Variation127.86
Mean Deviation1.19
Median0.30
Standard Deviation1.59
Sample Variance2.52
Range5.3288
R-Value(0.09)
Mean Square Error2.70
R-Squared0.01
Significance0.75
Slope(0.03)
Total Sum of Squares35.34

Ocean Capex To Depreciation History

2024 1.53
2023 2.23
2022 1.6
2021 0.28
2020 0.0699
2019 0.18
2018 0.3

About Ocean Power Financial Statements

Ocean Power shareholders use historical fundamental indicators, such as Capex To Depreciation, to determine how well the company is positioned to perform in the future. Although Ocean Power investors may analyze each financial statement separately, they are all interrelated. The changes in Ocean Power's assets and liabilities, for example, are also reflected in the revenues and expenses on on Ocean Power's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Capex To Depreciation 2.23  1.53 

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Additional Tools for Ocean Stock Analysis

When running Ocean Power's price analysis, check to measure Ocean Power's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ocean Power is operating at the current time. Most of Ocean Power's value examination focuses on studying past and present price action to predict the probability of Ocean Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ocean Power's price. Additionally, you may evaluate how the addition of Ocean Power to your portfolios can decrease your overall portfolio volatility.