SPX Capex To Depreciation from 2010 to 2024

SPXC Stock  USD 176.01  3.46  2.01%   
SPX Corp's Capex To Depreciation is decreasing over the years with slightly volatile fluctuation. Capex To Depreciation is expected to dwindle to 0.36. 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
0.37816456
Current Value
0.36
Quarterly Volatility
0.47189364
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SPX Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SPX Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 72 M, Interest Expense of 48.4 M or Total Revenue of 2.8 B, as well as many indicators such as Price To Sales Ratio of 2.77, Dividend Yield of 0.81 or PTB Ratio of 4.04. SPX financial statements analysis is a perfect complement when working with SPX Corp Valuation or Volatility modules.
  
Check out the analysis of SPX Corp Correlation against competitors.
For information on how to trade SPX Stock refer to our How to Trade SPX Stock guide.

Latest SPX Corp's Capex To Depreciation Growth Pattern

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

SPX Capex To Depreciation Regression Statistics

Arithmetic Mean0.62
Geometric Mean0.52
Coefficient Of Variation76.54
Mean Deviation0.30
Median0.46
Standard Deviation0.47
Sample Variance0.22
Range1.8543
R-Value(0.69)
Mean Square Error0.12
R-Squared0.48
Significance0
Slope(0.07)
Total Sum of Squares3.12

SPX Capex To Depreciation History

2024 0.36
2023 0.38
2022 0.34
2021 0.23
2019 0.52
2018 0.42

About SPX Corp Financial Statements

SPX Corp stakeholders use historical fundamental indicators, such as SPX Corp's Capex To Depreciation, to determine how well the company is positioned to perform in the future. Although SPX Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in SPX Corp's assets and liabilities are reflected in the revenues and expenses on SPX Corp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in SPX Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Capex To Depreciation 0.38  0.36 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether SPX Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPX Corp'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 Spx Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Spx Corp Stock:
Check out the analysis of SPX Corp Correlation against competitors.
For information on how to trade SPX Stock refer to our How to Trade SPX Stock guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Industrial Machinery & Supplies & Components 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 SPX Corp. If investors know SPX 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 SPX Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.218
Earnings Share
3.77
Revenue Per Share
41.721
Quarterly Revenue Growth
0.078
Return On Assets
0.074
The market value of SPX Corp is measured differently than its book value, which is the value of SPX that is recorded on the company's balance sheet. Investors also form their own opinion of SPX Corp's value that differs from its market value or its book value, called intrinsic value, which is SPX Corp'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 SPX Corp's market value can be influenced by many factors that don't directly affect SPX Corp'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 SPX Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPX Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPX Corp'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.