Off Depreciation from 2010 to 2026

OTH Stock   2.98  0.28  10.37%   
Off Hook's Depreciation is increasing with slightly volatile movements from year to year. Depreciation is predicted to flatten to about 259.8 K. Depreciation is the systematic allocation of the cost of a tangible asset over its useful life. View All Fundamentals
 
Depreciation  
First Reported
2010-12-31
Previous Quarter
293.5 K
Current Value
259.8 K
Quarterly Volatility
21.9 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Off Hook financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Off Hook's main balance sheet or income statement drivers, such as Interest Income of 1.3 M, Depreciation And Amortization of 259.8 K or Interest Expense of 1.3 M, as well as many indicators such as Price To Sales Ratio of 1.11, Dividend Yield of 0.0 or PTB Ratio of 92.03. Off financial statements analysis is a perfect complement when working with Off Hook Valuation or Volatility modules.
Check out the analysis of Off Hook Correlation against competitors.

Latest Off Hook's Depreciation Growth Pattern

Below is the plot of the Depreciation of Off The Hook over the last few years. Depreciation indicates how much of Off The Hook value has been used up. For tax purposes Off Hook can deduct the cost of the tangible assets it purchases as business expenses. However, Off The Hook must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. It is the systematic allocation of the cost of a tangible asset over its useful life. Off Hook's Depreciation historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Off Hook's overall financial position and show how it may be relating to other accounts over time.
Depreciation10 Years Trend
Slightly volatile
   Depreciation   
       Timeline  

Off Depreciation Regression Statistics

Arithmetic Mean226,316
Geometric Mean225,433
Coefficient Of Variation9.68
Mean Deviation15,245
Median217,060
Standard Deviation21,898
Sample Variance479.5M
Range76.5K
R-Value0.63
Mean Square Error311.6M
R-Squared0.39
Significance0.01
Slope2,711
Total Sum of Squares7.7B

Off Depreciation History

2026259.8 K
2025293.5 K
2024255.2 K

Other Fundumenentals of Off The Hook

About Off Hook Financial Statements

Investors use fundamental indicators, such as Off Hook's Depreciation, to determine how well the company is positioned to perform in the future. Although Off Hook'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
Depreciation And Amortization293.5 K259.8 K
Reconciled Depreciation293.5 K259.8 K
Depreciation293.5 K259.8 K
Capex To Depreciation 0.10  0.11 

Currently Active Assets on Macroaxis

When determining whether Off The Hook offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Off Hook's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Off The Hook Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Off The Hook Stock:
Check out the analysis of Off Hook Correlation against competitors.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Computer & Electronics Retail 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 Off Hook. If investors know Off 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 Off Hook listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.0473
The market value of Off The Hook is measured differently than its book value, which is the value of Off that is recorded on the company's balance sheet. Investors also form their own opinion of Off Hook's value that differs from its market value or its book value, called intrinsic value, which is Off Hook'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 Off Hook's market value can be influenced by many factors that don't directly affect Off Hook'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 Off Hook's value and its price as these two are different measures arrived at by different means. Investors typically determine if Off Hook is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Off Hook'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.