Tanzanian Capex To Depreciation from 2010 to 2024

TRX Stock  USD 0.35  0.01  2.78%   
Tanzanian Royalty Capex To Depreciation yearly trend continues to be fairly stable with very little volatility. Capex To Depreciation is likely to outpace its year average in 2024. 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
15.02
Current Value
28.7
Quarterly Volatility
25.57547534
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tanzanian Royalty financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tanzanian Royalty's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 M, Interest Expense of 2.1 M or Selling General Administrative of 9.1 M, as well as many indicators such as Price To Sales Ratio of 3.15, Dividend Yield of 0.0 or PTB Ratio of 2.24. Tanzanian financial statements analysis is a perfect complement when working with Tanzanian Royalty Valuation or Volatility modules.
  
Check out the analysis of Tanzanian Royalty Correlation against competitors.

Latest Tanzanian Royalty's Capex To Depreciation Growth Pattern

Below is the plot of the Capex To Depreciation of Tanzanian Royalty Exploration 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. Tanzanian Royalty's Capex To Depreciation historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tanzanian Royalty'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  

Tanzanian Capex To Depreciation Regression Statistics

Arithmetic Mean23.66
Geometric Mean14.58
Coefficient Of Variation108.11
Mean Deviation16.66
Median16.58
Standard Deviation25.58
Sample Variance654.10
Range102
R-Value0.18
Mean Square Error680.92
R-Squared0.03
Significance0.51
Slope1.04
Total Sum of Squares9,157

Tanzanian Capex To Depreciation History

2024 28.7
2023 15.02
2022 13.06
2021 104.05
2020 31.98
2019 32.49
2018 8.64

About Tanzanian Royalty Financial Statements

Tanzanian Royalty investors use historical fundamental indicators, such as Tanzanian Royalty's Capex To Depreciation, 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 Tanzanian Royalty. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Capex To Depreciation 15.02  28.70 

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Additional Tools for Tanzanian Stock Analysis

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