Quest Capex To Depreciation from 2010 to 2024

DGX Stock  USD 162.66  0.66  0.40%   
Quest Diagnostics Capex To Depreciation yearly trend continues to be fairly stable with very little volatility. Capex To Depreciation is likely to outpace its year average 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
0.92938497
Current Value
1.46
Quarterly Volatility
0.24299157
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Quest Diagnostics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Quest Diagnostics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 265.1 M, Interest Expense of 99.3 M or Selling General Administrative of 1.5 B, as well as many indicators such as Price To Sales Ratio of 1.13, Dividend Yield of 0.0214 or PTB Ratio of 3.0. Quest financial statements analysis is a perfect complement when working with Quest Diagnostics Valuation or Volatility modules.
  
Check out the analysis of Quest Diagnostics Correlation against competitors.

Latest Quest Diagnostics' Capex To Depreciation Growth Pattern

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

Quest Capex To Depreciation Regression Statistics

Arithmetic Mean0.97
Geometric Mean0.94
Coefficient Of Variation24.95
Mean Deviation0.19
Median0.93
Standard Deviation0.24
Sample Variance0.06
Range0.8855
R-Value0.71
Mean Square Error0.03
R-Squared0.50
Significance0
Slope0.04
Total Sum of Squares0.83

Quest Capex To Depreciation History

2024 1.46
2022 0.92
2021 0.99
2020 1.16
2019 1.22
2018 1.24
2017 0.93

About Quest Diagnostics Financial Statements

Quest Diagnostics investors use historical fundamental indicators, such as Quest Diagnostics' Capex To Depreciation, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Quest Diagnostics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Capex To Depreciation 0.93  1.46 

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Additional Tools for Quest Stock Analysis

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