Saia Accumulated Depreciation from 2010 to 2024
SAIA Stock | USD 569.08 4.70 0.83% |
Accumulated Depreciation | First Reported 2011-06-30 | Previous Quarter -1 B | Current Value -1.1 B | Quarterly Volatility 216.1 M |
Check Saia financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Saia's main balance sheet or income statement drivers, such as Depreciation And Amortization of 187.8 M, Interest Expense of 4.4 M or Total Revenue of 3 B, as well as many indicators such as Price To Sales Ratio of 4.25, Dividend Yield of 0.0 or PTB Ratio of 6.31. Saia financial statements analysis is a perfect complement when working with Saia Valuation or Volatility modules.
Saia | Accumulated Depreciation |
Latest Saia's Accumulated Depreciation Growth Pattern
Below is the plot of the Accumulated Depreciation of Saia Inc over the last few years. Accumulated depreciation is the total amount of depreciation for Saia Inc fixed asset that has been charged to Saia expense since that asset was acquired and made available for Saia use. The accumulated depreciation account is Saia Inc asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Saia Inc. It is Saia's Accumulated Depreciation historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Saia's overall financial position and show how it may be relating to other accounts over time.
Accumulated Depreciation | 10 Years Trend |
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Accumulated Depreciation |
Timeline |
Saia Accumulated Depreciation Regression Statistics
Arithmetic Mean | (607,078,825) | |
Coefficient Of Variation | (38.90) | |
Mean Deviation | 203,846,080 | |
Median | (554,214,000) | |
Standard Deviation | 236,144,058 | |
Sample Variance | 55764T | |
Range | 651.3M | |
R-Value | (0.97) | |
Mean Square Error | 3544.6T | |
R-Squared | 0.94 | |
Slope | (51,221,379) | |
Total Sum of Squares | 780696.2T |
Saia Accumulated Depreciation History
About Saia Financial Statements
Saia stakeholders use historical fundamental indicators, such as Saia's Accumulated Depreciation, to determine how well the company is positioned to perform in the future. Although Saia investors may analyze each financial statement separately, they are all interrelated. For example, changes in Saia's assets and liabilities are reflected in the revenues and expenses on Saia'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 Saia Inc. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Accumulated Depreciation | -896.6 M | -941.4 M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Saia Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Saia'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 Saia Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Saia Inc Stock:Check out the analysis of Saia Correlation against competitors. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Cargo Ground Transportation 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 Saia. If investors know Saia 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 Saia 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 (0.06) | Earnings Share 14 | Revenue Per Share 118.876 | Quarterly Revenue Growth 0.086 | Return On Assets 0.111 |
The market value of Saia Inc is measured differently than its book value, which is the value of Saia that is recorded on the company's balance sheet. Investors also form their own opinion of Saia's value that differs from its market value or its book value, called intrinsic value, which is Saia'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 Saia's market value can be influenced by many factors that don't directly affect Saia'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 Saia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Saia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Saia'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.