Schnitzer Capex To Depreciation from 2010 to 2024

RDUS Stock  USD 20.21  0.47  2.38%   
Schnitzer Steel Capex To Depreciation yearly trend continues to be comparatively stable with very little volatility. Capex To Depreciation will likely drop to 0.06 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
0.06452738
Current Value
0.0613
Quarterly Volatility
3.1961995
 
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Yuan Drop
 
Covid
Check Schnitzer Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Schnitzer Steel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 108.4 M, Interest Expense of 22.4 M or Total Revenue of 3.5 B, as well as many indicators such as Price To Sales Ratio of 5.47, Dividend Yield of 0.0214 or Days Sales Outstanding of 46.12. Schnitzer financial statements analysis is a perfect complement when working with Schnitzer Steel Valuation or Volatility modules.
  
Check out the analysis of Schnitzer Steel Correlation against competitors.

Latest Schnitzer Steel's Capex To Depreciation Growth Pattern

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

Schnitzer Capex To Depreciation Regression Statistics

Arithmetic Mean2.84
Geometric Mean1.05
Coefficient Of Variation112.37
Mean Deviation2.53
Median1.44
Standard Deviation3.20
Sample Variance10.22
Range11.0686
R-Value(0.34)
Mean Square Error9.71
R-Squared0.12
Significance0.21
Slope(0.24)
Total Sum of Squares143.02

Schnitzer Capex To Depreciation History

2024 0.0613
2022 1.44
2021 2.0
2020 2.03
2018 0.0645
2017 5.67
2016 5.01

About Schnitzer Steel Financial Statements

Schnitzer Steel shareholders use historical fundamental indicators, such as Capex To Depreciation, to determine how well the company is positioned to perform in the future. Although Schnitzer Steel investors may analyze each financial statement separately, they are all interrelated. The changes in Schnitzer Steel's assets and liabilities, for example, are also reflected in the revenues and expenses on on Schnitzer Steel'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 0.06  0.06 

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Additional Tools for Schnitzer Stock Analysis

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