Taylor Capex To Depreciation from 2010 to 2024

TAYD Stock  USD 48.08  2.01  4.36%   
Taylor Devices' Capex To Depreciation is decreasing over the years with slightly volatile fluctuation. Overall, Capex To Depreciation is expected to go to 1.22 this year. 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
0.85376339
Current Value
1.22
Quarterly Volatility
1.37364763
 
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Yuan Drop
 
Covid
Check Taylor Devices financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Taylor Devices' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 M, Total Revenue of 46.8 M or Gross Profit of 21.9 M, as well as many indicators such as Price To Sales Ratio of 4.02, Dividend Yield of 0.064 or PTB Ratio of 1.76. Taylor financial statements analysis is a perfect complement when working with Taylor Devices Valuation or Volatility modules.
  
Check out the analysis of Taylor Devices Correlation against competitors.
For information on how to trade Taylor Stock refer to our How to Trade Taylor Stock guide.

Latest Taylor Devices' Capex To Depreciation Growth Pattern

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

Taylor Capex To Depreciation Regression Statistics

Arithmetic Mean1.75
Geometric Mean1.39
Coefficient Of Variation78.62
Mean Deviation0.97
Median1.22
Standard Deviation1.37
Sample Variance1.89
Range5.3961
R-Value(0.39)
Mean Square Error1.72
R-Squared0.15
Significance0.15
Slope(0.12)
Total Sum of Squares26.42

Taylor Capex To Depreciation History

2024 1.22
2023 0.85
2022 2.28
2021 1.03
2020 1.34
2019 1.08
2018 0.44

About Taylor Devices Financial Statements

Taylor Devices stakeholders use historical fundamental indicators, such as Taylor Devices' Capex To Depreciation, to determine how well the company is positioned to perform in the future. Although Taylor Devices investors may analyze each financial statement separately, they are all interrelated. For example, changes in Taylor Devices' assets and liabilities are reflected in the revenues and expenses on Taylor Devices' 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 Taylor Devices. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Capex To Depreciation 0.85  1.22 

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When determining whether Taylor Devices is a strong investment it is important to analyze Taylor Devices' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Taylor Devices' future performance. For an informed investment choice regarding Taylor Stock, refer to the following important reports:
Check out the analysis of Taylor Devices Correlation against competitors.
For information on how to trade Taylor Stock refer to our How to Trade Taylor Stock guide.
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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 Taylor Devices. If investors know Taylor 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 Taylor Devices 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
0.629
Earnings Share
2.91
Revenue Per Share
14.228
Quarterly Revenue Growth
0.171
Return On Assets
0.1071
The market value of Taylor Devices is measured differently than its book value, which is the value of Taylor that is recorded on the company's balance sheet. Investors also form their own opinion of Taylor Devices' value that differs from its market value or its book value, called intrinsic value, which is Taylor Devices' 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 Taylor Devices' market value can be influenced by many factors that don't directly affect Taylor Devices' 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 Taylor Devices' value and its price as these two are different measures arrived at by different means. Investors typically determine if Taylor Devices is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taylor Devices' 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.