Healthcare Accumulated Depreciation from 2010 to 2024

HCSG Stock  USD 10.90  0.45  3.96%   
Healthcare Services' Accumulated Depreciation is decreasing over the last several years with slightly volatile swings. Accumulated Depreciation is predicted to flatten to about -22.3 M. During the period from 2010 to 2024 Healthcare Services Group Accumulated Depreciation regressed destribution of quarterly values had mean deviationof  1,965,319 and mean square error of 4.5 T. View All Fundamentals
 
Accumulated Depreciation  
First Reported
2010-06-30
Previous Quarter
-24.4 M
Current Value
-16.4 M
Quarterly Volatility
2.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Healthcare Services financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Healthcare main balance sheet or income statement drivers, such as Depreciation And Amortization of 15 M, Interest Expense of 8.2 M or Total Revenue of 1.8 B, as well as many exotic indicators such as Price To Sales Ratio of 0.9, Dividend Yield of 0.0671 or PTB Ratio of 2.84. Healthcare financial statements analysis is a perfect complement when working with Healthcare Services Valuation or Volatility modules.
  
This module can also supplement Healthcare Services' financial leverage analysis and stock options assessment as well as various Healthcare Services Technical models . Check out the analysis of Healthcare Services Correlation against competitors.

Latest Healthcare Services' Accumulated Depreciation Growth Pattern

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

Healthcare Accumulated Depreciation Regression Statistics

Arithmetic Mean(21,980,299)
Coefficient Of Variation(11.74)
Mean Deviation1,965,319
Median(23,584,000)
Standard Deviation2,579,605
Sample Variance6.7T
Range8M
R-Value(0.61)
Mean Square Error4.5T
R-Squared0.37
Significance0.02
Slope(351,692)
Total Sum of Squares93.2T

Healthcare Accumulated Depreciation History

2024-22.3 M
2023-21.2 M
2014-23.6 M
2012-20.7 M
2011-16.9 M
2010-15.6 M

About Healthcare Services Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Healthcare Services income statement, its balance sheet, and the statement of cash flows. Healthcare Services investors use historical funamental indicators, such as Healthcare Services's Accumulated Depreciation, to determine how well the company is positioned to perform in the future. Although Healthcare Services investors may use each financial statement separately, they are all related. The changes in Healthcare Services's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Healthcare Services's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Healthcare Services Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Healthcare Services. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accumulated Depreciation-21.2 M-22.3 M

Currently Active Assets on Macroaxis

When determining whether Healthcare Services is a strong investment it is important to analyze Healthcare Services' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Healthcare Services' future performance. For an informed investment choice regarding Healthcare Stock, refer to the following important reports:
Check out the analysis of Healthcare Services Correlation against competitors.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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When running Healthcare Services' price analysis, check to measure Healthcare Services' 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 Healthcare Services is operating at the current time. Most of Healthcare Services' value examination focuses on studying past and present price action to predict the probability of Healthcare Services' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Healthcare Services' price. Additionally, you may evaluate how the addition of Healthcare Services to your portfolios can decrease your overall portfolio volatility.
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Is Healthcare Services' industry 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 Healthcare Services. If investors know Healthcare 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 Healthcare Services 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
0.322
Earnings Share
0.57
Revenue Per Share
22.626
Quarterly Revenue Growth
0.015
Return On Assets
0.0417
The market value of Healthcare Services is measured differently than its book value, which is the value of Healthcare that is recorded on the company's balance sheet. Investors also form their own opinion of Healthcare Services' value that differs from its market value or its book value, called intrinsic value, which is Healthcare Services' 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 Healthcare Services' market value can be influenced by many factors that don't directly affect Healthcare Services' 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 Healthcare Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Healthcare Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Healthcare Services' 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.