Alliance Capex To Depreciation from 2010 to 2024

AENT Stock   6.53  0.34  5.49%   
Alliance Entertainment Capex To Depreciation yearly trend continues to be comparatively stable with very little volatility. Capex To Depreciation will likely drop to 0.03 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
0.03112245
Current Value
0.0296
Quarterly Volatility
0.12899852
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Alliance Entertainment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alliance Entertainment's main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.3 M, Selling General Administrative of 70.3 M or Selling And Marketing Expenses of 46.4 M, as well as many indicators such as Price To Sales Ratio of 0.0754, Dividend Yield of 0.039 or PTB Ratio of 1.25. Alliance financial statements analysis is a perfect complement when working with Alliance Entertainment Valuation or Volatility modules.
  
Check out the analysis of Alliance Entertainment Correlation against competitors.

Latest Alliance Entertainment's Capex To Depreciation Growth Pattern

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

Alliance Capex To Depreciation Regression Statistics

Arithmetic Mean0.22
Geometric Mean0.14
Coefficient Of Variation59.82
Mean Deviation0.12
Median0.31
Standard Deviation0.13
Sample Variance0.02
Range0.3067
R-Value(0.85)
Mean Square Error0
R-Squared0.73
Significance0.000052
Slope(0.02)
Total Sum of Squares0.23

Alliance Capex To Depreciation History

2024 0.0296
2023 0.0311
2022 0.12
2021 0.006054
2020 0.057
2019 0.17

About Alliance Entertainment Financial Statements

Alliance Entertainment shareholders use historical fundamental indicators, such as Capex To Depreciation, to determine how well the company is positioned to perform in the future. Although Alliance Entertainment investors may analyze each financial statement separately, they are all interrelated. The changes in Alliance Entertainment's assets and liabilities, for example, are also reflected in the revenues and expenses on on Alliance Entertainment'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 0.03  0.03 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Alliance Stock Analysis

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