Zapp Depreciation from 2010 to 2024

ZAPPW Stock   0.01  0.0006  6.19%   
Zapp Electric Depreciation yearly trend continues to be fairly stable with very little volatility. Depreciation will likely drop to about 310 K in 2024. 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
424.3 K
Current Value
310 K
Quarterly Volatility
72.7 K
 
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Yuan Drop
 
Covid
Check Zapp Electric financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Zapp Electric's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Interest Income of 4.8 K or Interest Expense of 423.7 K, as well as many indicators such as . Zapp financial statements analysis is a perfect complement when working with Zapp Electric Valuation or Volatility modules.
  
Check out the analysis of Zapp Electric Correlation against competitors.

Latest Zapp Electric's Depreciation Growth Pattern

Below is the plot of the Depreciation of Zapp Electric Vehicles over the last few years. Depreciation indicates how much of Zapp Electric Vehicles value has been used up. For tax purposes Zapp Electric can deduct the cost of the tangible assets it purchases as business expenses. However, Zapp Electric Vehicles 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. Zapp Electric's Depreciation historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Zapp Electric's overall financial position and show how it may be relating to other accounts over time.
Depreciation10 Years Trend
Slightly volatile
   Depreciation   
       Timeline  

Zapp Depreciation Regression Statistics

Arithmetic Mean203,234
Geometric Mean194,822
Coefficient Of Variation35.77
Mean Deviation49,824
Median172,094
Standard Deviation72,705
Sample Variance5.3B
Range252.2K
R-Value0.63
Mean Square Error3.4B
R-Squared0.40
Significance0.01
Slope10,227
Total Sum of Squares74B

Zapp Depreciation History

2024310 K
2023424.3 K
2022249.1 K

Other Fundumenentals of Zapp Electric Vehicles

Zapp Electric Depreciation component correlations

About Zapp Electric Financial Statements

Zapp Electric investors use historical fundamental indicators, such as Zapp Electric's 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 Zapp Electric. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Reconciled Depreciation424.3 K310 K
Depreciation424.3 K310 K

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Additional Tools for Zapp Stock Analysis

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