Olympic Accumulated Depreciation from 2010 to 2025

ZEUS Stock  USD 31.84  1.39  4.18%   
Olympic Steel Accumulated Depreciation yearly trend continues to be comparatively stable with very little volatility. Accumulated Depreciation will likely drop to about -262.1 M in 2025. From the period from 2010 to 2025, Olympic Steel Accumulated Depreciation quarterly data regression had r-value of (0.91) and coefficient of variation of (22.56). View All Fundamentals
 
Accumulated Depreciation  
First Reported
2011-06-30
Previous Quarter
-283.3 M
Current Value
-288.3 M
Quarterly Volatility
50.3 M
 
Yuan Drop
 
Covid
Check Olympic Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Olympic Steel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 32.8 M, Interest Expense of 17.3 M or Total Revenue of 1.2 B, as well as many indicators such as Price To Sales Ratio of 0.23, Dividend Yield of 0.0208 or PTB Ratio of 26.27. Olympic financial statements analysis is a perfect complement when working with Olympic Steel Valuation or Volatility modules.
  
Check out the analysis of Olympic Steel Correlation against competitors.
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Latest Olympic Steel's Accumulated Depreciation Growth Pattern

Below is the plot of the Accumulated Depreciation of Olympic Steel over the last few years. Accumulated depreciation is the total amount of depreciation for Olympic Steel fixed asset that has been charged to Olympic Steel expense since that asset was acquired and made available for Olympic Steel use. The accumulated depreciation account is Olympic Steel 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 Olympic Steel. It is Olympic Steel's Accumulated Depreciation historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Olympic Steel's overall financial position and show how it may be relating to other accounts over time.
Accumulated Depreciation10 Years Trend
Slightly volatile
   Accumulated Depreciation   
       Timeline  

Olympic Accumulated Depreciation Regression Statistics

Arithmetic Mean(224,622,141)
Geometric Mean218,511,375
Coefficient Of Variation(22.56)
Mean Deviation41,647,873
Median(229,062,000)
Standard Deviation50,669,090
Sample Variance2567.4T
Range141.7M
R-Value(0.91)
Mean Square Error462.7T
R-Squared0.83
Slope(9,706,452)
Total Sum of Squares38510.3T

Olympic Accumulated Depreciation History

2025-262.1 M
2024-249.6 M
2020-277.4 M
2019-260.3 M
2018-244.2 M
2017-229.1 M

About Olympic Steel Financial Statements

Olympic Steel shareholders use historical fundamental indicators, such as Accumulated Depreciation, to determine how well the company is positioned to perform in the future. Although Olympic Steel investors may analyze each financial statement separately, they are all interrelated. The changes in Olympic Steel's assets and liabilities, for example, are also reflected in the revenues and expenses on on Olympic Steel's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Accumulated Depreciation-249.6 M-262.1 M

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Additional Tools for Olympic Stock Analysis

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