Rocket Capex To Depreciation from 2010 to 2024

RKT Stock  USD 14.06  0.51  3.50%   
Rocket Companies Capex To Depreciation yearly trend continues to be comparatively stable with very little volatility. Capex To Depreciation will likely drop to 0.52 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
0.54716108
Current Value
0.52
Quarterly Volatility
0.83786941
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Rocket Companies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rocket Companies' main balance sheet or income statement drivers, such as Interest Income of 286.6 M, Interest Expense of 279.4 M or Selling General Administrative of 3.4 B, as well as many indicators such as Price To Sales Ratio of 0.39, Dividend Yield of 1.81 or PTB Ratio of 1.76. Rocket financial statements analysis is a perfect complement when working with Rocket Companies Valuation or Volatility modules.
  
Check out the analysis of Rocket Companies Correlation against competitors.
For more information on how to buy Rocket Stock please use our How to Invest in Rocket Companies guide.

Latest Rocket Companies' Capex To Depreciation Growth Pattern

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

Rocket Capex To Depreciation Regression Statistics

Arithmetic Mean1.14
Geometric Mean0.99
Coefficient Of Variation73.64
Mean Deviation0.43
Median0.98
Standard Deviation0.84
Sample Variance0.70
Range3.5331
R-Value0.15
Mean Square Error0.74
R-Squared0.02
Significance0.60
Slope0.03
Total Sum of Squares9.83

Rocket Capex To Depreciation History

2024 0.52
2023 0.55
2022 1.15
2021 4.05
2020 1.43
2019 0.65
2018 0.84

About Rocket Companies Financial Statements

Rocket Companies shareholders use historical fundamental indicators, such as Capex To Depreciation, to determine how well the company is positioned to perform in the future. Although Rocket Companies investors may analyze each financial statement separately, they are all interrelated. The changes in Rocket Companies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Rocket Companies' 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 0.55  0.52 

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Additional Tools for Rocket Stock Analysis

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