Quest Capital Lease Obligations from 2010 to 2025

DGX Stock  USD 167.33  1.33  0.80%   
Quest Diagnostics Capital Lease Obligations yearly trend continues to be fairly stable with very little volatility. Capital Lease Obligations will likely drop to about 705.6 M in 2025. Capital Lease Obligations is the total obligations of Quest Diagnostics Incorporated under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. View All Fundamentals
 
Capital Lease Obligations  
First Reported
2019-03-31
Previous Quarter
719 M
Current Value
708 M
Quarterly Volatility
51.5 M
 
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 274.7 M, Interest Expense of 237.3 M or Selling General Administrative of 1.5 B, as well as many indicators such as Price To Sales Ratio of 1.14, Dividend Yield of 0.0208 or PTB Ratio of 2.99. 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' Capital Lease Obligations Growth Pattern

Below is the plot of the Capital Lease Obligations of Quest Diagnostics Incorporated over the last few years. Quest Diagnostics capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Quest Diagnostics asset purchases. For example, Quest Diagnostics can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Quest Diagnostics control over an asset for a big portion of its life. It is the total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. Quest Diagnostics' Capital Lease Obligations 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.
Capital Lease Obligations10 Years Trend
Slightly volatile
   Capital Lease Obligations   
       Timeline  

Quest Capital Lease Obligations Regression Statistics

Arithmetic Mean598,540,625
Geometric Mean596,103,191
Coefficient Of Variation9.54
Mean Deviation50,675,781
Median558,000,000
Standard Deviation57,129,587
Sample Variance3263.8T
Range150M
R-Value0.86
Mean Square Error910.3T
R-Squared0.74
Significance0.000019
Slope10,320,221
Total Sum of Squares48956.8T

Quest Capital Lease Obligations History

2025705.6 M
2024708 M
2023656 M
2022642 M
2021645 M
2020640 M

About Quest Diagnostics Financial Statements

Quest Diagnostics investors use historical fundamental indicators, such as Quest Diagnostics' Capital Lease Obligations, 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
Capital Lease Obligations708 M705.6 M

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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.