Hess Depreciation And Amortization from 2010 to 2024

HES Stock  USD 146.76  0.46  0.31%   
Hess Depreciation And Amortization yearly trend continues to be comparatively stable with very little volatility. Depreciation And Amortization will likely drop to about 1.7 B in 2024. Depreciation And Amortization is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. View All Fundamentals
 
Depreciation And Amortization  
First Reported
1990-03-31
Previous Quarter
663 M
Current Value
638 M
Quarterly Volatility
228.1 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hess financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hess' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 B, Interest Expense of 501.9 M or Total Revenue of 14.8 B, as well as many indicators such as Price To Sales Ratio of 4.33, Dividend Yield of 0.0109 or PTB Ratio of 5.15. Hess financial statements analysis is a perfect complement when working with Hess Valuation or Volatility modules.
  
Check out the analysis of Hess Correlation against competitors.

Latest Hess' Depreciation And Amortization Growth Pattern

Below is the plot of the Depreciation And Amortization of Hess Corporation over the last few years. It is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. Hess' Depreciation And Amortization historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hess' overall financial position and show how it may be relating to other accounts over time.
Depreciation And Amortization10 Years Trend
Pretty Stable
   Depreciation And Amortization   
       Timeline  

Hess Depreciation And Amortization Regression Statistics

Arithmetic Mean2,352,181,880
Geometric Mean2,152,534,758
Coefficient Of Variation36.38
Mean Deviation662,096,912
Median2,266,000,000
Standard Deviation855,674,330
Sample Variance732178.6T
Range3.5B
R-Value(0.23)
Mean Square Error747951.7T
R-Squared0.05
Significance0.42
Slope(43,388,938)
Total Sum of Squares10250499.8T

Hess Depreciation And Amortization History

20241.7 B
20232.1 B
20221.8 B
20211.5 B
20202.3 B
20192.1 B
20181.9 B

About Hess Financial Statements

Hess shareholders use historical fundamental indicators, such as Depreciation And Amortization, to determine how well the company is positioned to perform in the future. Although Hess investors may analyze each financial statement separately, they are all interrelated. The changes in Hess' assets and liabilities, for example, are also reflected in the revenues and expenses on on Hess' 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
Depreciation And Amortization2.1 B1.7 B

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Additional Tools for Hess Stock Analysis

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