Premium Depreciation from 2010 to 2024

PC Stock   0.76  0.04  5.00%   
Premium Catering's Depreciation is increasing over the years with slightly volatile fluctuation. Depreciation is expected to dwindle to about 618.2 K. Depreciation is the systematic allocation of the cost of a tangible asset over its useful life. View All Fundamentals
 
Depreciation  
First Reported
2010-12-31
Previous Quarter
972.1 K
Current Value
618.2 K
Quarterly Volatility
230.9 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Premium Catering financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Premium Catering's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Interest Expense of 116 K or Selling General Administrative of 1.1 M, as well as many indicators such as . Premium financial statements analysis is a perfect complement when working with Premium Catering Valuation or Volatility modules.
  
Check out the analysis of Premium Catering Correlation against competitors.

Latest Premium Catering's Depreciation Growth Pattern

Below is the plot of the Depreciation of Premium Catering Limited over the last few years. Depreciation indicates how much of Premium Catering value has been used up. For tax purposes Premium Catering can deduct the cost of the tangible assets it purchases as business expenses. However, Premium Catering Limited must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. It is the systematic allocation of the cost of a tangible asset over its useful life. Premium Catering's Depreciation historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Premium Catering's overall financial position and show how it may be relating to other accounts over time.
Depreciation10 Years Trend
Slightly volatile
   Depreciation   
       Timeline  

Premium Depreciation Regression Statistics

Arithmetic Mean385,330
Geometric Mean343,950
Coefficient Of Variation59.93
Mean Deviation170,615
Median278,696
Standard Deviation230,922
Sample Variance53.3B
Range693.4K
R-Value0.65
Mean Square Error33.3B
R-Squared0.42
Significance0.01
Slope33,464
Total Sum of Squares746.6B

Premium Depreciation History

2024618.2 K
2023972.1 K
2022845.3 K

Other Fundumenentals of Premium Catering

Premium Catering Depreciation component correlations

About Premium Catering Financial Statements

Premium Catering stakeholders use historical fundamental indicators, such as Premium Catering's Depreciation, to determine how well the company is positioned to perform in the future. Although Premium Catering investors may analyze each financial statement separately, they are all interrelated. For example, changes in Premium Catering's assets and liabilities are reflected in the revenues and expenses on Premium Catering's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Premium Catering Limited. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Reconciled Depreciation972.1 K618.2 K
Depreciation972.1 K618.2 K

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Check out the analysis of Premium Catering Correlation against competitors.
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Is Restaraunts Hotels Motels 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 Premium Catering. If investors know Premium 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 Premium Catering listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.04)
Revenue Per Share
0.272
Quarterly Revenue Growth
0.085
The market value of Premium Catering is measured differently than its book value, which is the value of Premium that is recorded on the company's balance sheet. Investors also form their own opinion of Premium Catering's value that differs from its market value or its book value, called intrinsic value, which is Premium Catering'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 Premium Catering's market value can be influenced by many factors that don't directly affect Premium Catering'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 Premium Catering's value and its price as these two are different measures arrived at by different means. Investors typically determine if Premium Catering is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Premium Catering'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.