Hirequest Capex To Depreciation from 2010 to 2024

HQI Stock  USD 15.21  0.28  1.81%   
Hirequest's Capex To Depreciation is increasing with stable movements from year to year. Capex To Depreciation is predicted to flatten to 0.03. 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
0.03508772
Current Value
0.0333
Quarterly Volatility
3.38647003
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hirequest financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hirequest's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.9 M, Interest Expense of 1.5 M or Total Revenue of 59.1 M, as well as many indicators such as Price To Sales Ratio of 5.29, Dividend Yield of 0.0151 or PTB Ratio of 5.83. Hirequest financial statements analysis is a perfect complement when working with Hirequest Valuation or Volatility modules.
  
Check out the analysis of Hirequest Correlation against competitors.
For more detail on how to invest in Hirequest Stock please use our How to Invest in Hirequest guide.

Latest Hirequest's Capex To Depreciation Growth Pattern

Below is the plot of the Capex To Depreciation of Hirequest 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. Hirequest's Capex To Depreciation historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hirequest's overall financial position and show how it may be relating to other accounts over time.
Capex To Depreciation10 Years Trend
Pretty Stable
   Capex To Depreciation   
       Timeline  

Hirequest Capex To Depreciation Regression Statistics

Arithmetic Mean1.51
Geometric Mean0.48
Coefficient Of Variation224.26
Mean Deviation1.62
Median0.73
Standard Deviation3.39
Sample Variance11.47
Range13.6372
R-Value0.18
Mean Square Error11.93
R-Squared0.03
Significance0.51
Slope0.14
Total Sum of Squares160.55

Hirequest Capex To Depreciation History

2024 0.0333
2023 0.0351
2022 0.72
2021 1.26
2020 13.66
2018 1.27

About Hirequest Financial Statements

Investors use fundamental indicators, such as Hirequest's Capex To Depreciation, to determine how well the company is positioned to perform in the future. Although Hirequest's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Capex To Depreciation 0.04  0.03 

Currently Active Assets on Macroaxis

When determining whether Hirequest offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hirequest's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hirequest Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hirequest Stock:
Check out the analysis of Hirequest Correlation against competitors.
For more detail on how to invest in Hirequest Stock please use our How to Invest in Hirequest guide.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Human Resource & Employment Services 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 Hirequest. If investors know Hirequest 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 Hirequest 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
0.007
Dividend Share
0.24
Earnings Share
0.14
Revenue Per Share
2.626
Quarterly Revenue Growth
0.016
The market value of Hirequest is measured differently than its book value, which is the value of Hirequest that is recorded on the company's balance sheet. Investors also form their own opinion of Hirequest's value that differs from its market value or its book value, called intrinsic value, which is Hirequest's 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 Hirequest's market value can be influenced by many factors that don't directly affect Hirequest's 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 Hirequest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hirequest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hirequest's 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.