Phillips Capex To Depreciation from 2010 to 2024

PSX Stock  USD 133.35  0.90  0.67%   
Phillips Capex To Depreciation yearly trend continues to be fairly stable with very little volatility. Capex To Depreciation is likely to outpace its year average 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
1.22306525
Current Value
2.39
Quarterly Volatility
1.13969687
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Phillips financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Phillips' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.1 B, Interest Expense of 972.3 M or Total Revenue of 104.9 B, as well as many indicators such as Price To Sales Ratio of 0.26, Dividend Yield of 0.0246 or PTB Ratio of 1.32. Phillips financial statements analysis is a perfect complement when working with Phillips Valuation or Volatility modules.
  
Check out the analysis of Phillips Correlation against competitors.

Latest Phillips' Capex To Depreciation Growth Pattern

Below is the plot of the Capex To Depreciation of Phillips 66 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. Phillips' Capex To Depreciation historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Phillips' 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  

Phillips Capex To Depreciation Regression Statistics

Arithmetic Mean2.25
Geometric Mean2.03
Coefficient Of Variation50.73
Mean Deviation0.82
Median1.95
Standard Deviation1.14
Sample Variance1.30
Range4.2214
R-Value(0.26)
Mean Square Error1.31
R-Squared0.07
Significance0.35
Slope(0.07)
Total Sum of Squares18.18

Phillips Capex To Depreciation History

2024 2.39
2023 1.22
2022 1.35
2021 1.16
2020 2.09
2019 2.89
2018 1.95

About Phillips Financial Statements

Phillips investors use historical fundamental indicators, such as Phillips' Capex To Depreciation, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Phillips. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Capex To Depreciation 1.22  2.39 

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Additional Tools for Phillips Stock Analysis

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