QXO, Depreciation And Amortization from 2010 to 2024

QXO Stock   17.04  0.40  2.40%   
QXO, Depreciation And Amortization yearly trend continues to be very stable with very little volatility. Depreciation And Amortization is likely to grow to about 1.5 M this year. Depreciation And Amortization is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. View All Fundamentals
 
Depreciation And Amortization  
First Reported
2010-12-31
Previous Quarter
1.1 M
Current Value
1.5 M
Quarterly Volatility
188.9 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check QXO, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among QXO,'s main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.5 M, Interest Expense of 56.4 K or Selling General Administrative of 10.5 M, as well as many indicators such as Price To Sales Ratio of 1.64, Dividend Yield of 0.0106 or PTB Ratio of 11.95. QXO, financial statements analysis is a perfect complement when working with QXO, Valuation or Volatility modules.
  
Check out the analysis of QXO, Correlation against competitors.

Latest QXO,'s Depreciation And Amortization Growth Pattern

Below is the plot of the Depreciation And Amortization of QXO, Inc over the last few years. It is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. QXO,'s Depreciation And Amortization historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in QXO,'s overall financial position and show how it may be relating to other accounts over time.
Depreciation And Amortization10 Years Trend
Slightly volatile
   Depreciation And Amortization   
       Timeline  

QXO, Depreciation And Amortization Regression Statistics

Arithmetic Mean1,206,931
Geometric Mean1,195,334
Coefficient Of Variation15.65
Mean Deviation135,269
Median1,121,993
Standard Deviation188,895
Sample Variance35.7B
Range633.8K
R-Value0.58
Mean Square Error25.6B
R-Squared0.33
Significance0.02
Slope24,386
Total Sum of Squares499.5B

QXO, Depreciation And Amortization History

20241.5 M
20231.1 M
20221.8 M
20211.4 M

About QXO, Financial Statements

QXO, investors utilize fundamental indicators, such as Depreciation And Amortization, to predict how QXO, Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Depreciation And Amortization1.1 M1.5 M

Pair Trading with QXO,

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if QXO, position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in QXO, will appreciate offsetting losses from the drop in the long position's value.

Moving together with QXO, Stock

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  0.68BL BlacklinePairCorr

Moving against QXO, Stock

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  0.38VTEX VTEXPairCorr
The ability to find closely correlated positions to QXO, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace QXO, when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back QXO, - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling QXO, Inc to buy it.
The correlation of QXO, is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as QXO, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if QXO, Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for QXO, can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether QXO, Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of QXO,'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 Qxo, Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Qxo, Inc Stock:
Check out the analysis of QXO, Correlation against competitors.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Systems Software 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 QXO,. If investors know QXO, 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 QXO, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(12.27)
Revenue Per Share
86.401
Quarterly Revenue Growth
0.097
Return On Assets
(0)
Return On Equity
(0)
The market value of QXO, Inc is measured differently than its book value, which is the value of QXO, that is recorded on the company's balance sheet. Investors also form their own opinion of QXO,'s value that differs from its market value or its book value, called intrinsic value, which is QXO,'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 QXO,'s market value can be influenced by many factors that don't directly affect QXO,'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 QXO,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if QXO, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QXO,'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.