Planet Capex To Depreciation from 2010 to 2024

PLNT Stock  USD 100.12  1.84  1.87%   
Planet Fitness Capex To Depreciation yearly trend continues to be comparatively stable with very little volatility. Capex To Depreciation will likely drop to 0.87 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
0.91013499
Current Value
0.87
Quarterly Volatility
0.70033577
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Planet Fitness financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Planet Fitness' main balance sheet or income statement drivers, such as Depreciation And Amortization of 156.9 M, Selling General Administrative of 66.1 M or Selling And Marketing Expenses of 44.3 M, as well as many indicators such as Price To Sales Ratio of 5.33, Dividend Yield of 8.0E-4 or Days Sales Outstanding of 34.69. Planet financial statements analysis is a perfect complement when working with Planet Fitness Valuation or Volatility modules.
  
Check out the analysis of Planet Fitness Correlation against competitors.
For more information on how to buy Planet Stock please use our How to Invest in Planet Fitness guide.

Latest Planet Fitness' Capex To Depreciation Growth Pattern

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

Planet Capex To Depreciation Regression Statistics

Arithmetic Mean0.99
Geometric Mean0.80
Coefficient Of Variation71.07
Mean Deviation0.51
Median0.87
Standard Deviation0.70
Sample Variance0.49
Range2.2345
R-Value0.33
Mean Square Error0.47
R-Squared0.11
Significance0.23
Slope0.05
Total Sum of Squares6.87

Planet Capex To Depreciation History

2024 0.87
2023 0.91
2022 0.81
2021 0.89
2020 0.98
2019 2.49
2018 2.43

About Planet Fitness Financial Statements

Planet Fitness shareholders use historical fundamental indicators, such as Capex To Depreciation, to determine how well the company is positioned to perform in the future. Although Planet Fitness investors may analyze each financial statement separately, they are all interrelated. The changes in Planet Fitness' assets and liabilities, for example, are also reflected in the revenues and expenses on on Planet Fitness' 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 0.91  0.87 

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Additional Tools for Planet Stock Analysis

When running Planet Fitness' price analysis, check to measure Planet Fitness' 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 Planet Fitness is operating at the current time. Most of Planet Fitness' value examination focuses on studying past and present price action to predict the probability of Planet Fitness' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Planet Fitness' price. Additionally, you may evaluate how the addition of Planet Fitness to your portfolios can decrease your overall portfolio volatility.