Enerpac Accumulated Depreciation from 2010 to 2024

EPAC Stock  USD 35.63  0.71  1.95%   
Enerpac Tool's Accumulated Depreciation is decreasing over the years with stable fluctuation. Accumulated Depreciation is expected to dwindle to about -176.4 M. During the period from 2010 to 2024 Enerpac Tool Accumulated Depreciation annual values regression line had coefficient of variation of (5.79) and r-squared of  0.04. View All Fundamentals
 
Accumulated Depreciation  
First Reported
2010-11-30
Previous Quarter
-171.3 M
Current Value
-176.2 M
Quarterly Volatility
12.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Enerpac Tool financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Enerpac main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.6 M, Interest Expense of 13.5 M or Total Revenue of 907 M, as well as many exotic indicators such as Price To Sales Ratio of 2.35, Dividend Yield of 0.0017 or PTB Ratio of 4.3. Enerpac financial statements analysis is a perfect complement when working with Enerpac Tool Valuation or Volatility modules.
  
This module can also supplement Enerpac Tool's financial leverage analysis and stock options assessment as well as various Enerpac Tool Technical models . Check out the analysis of Enerpac Tool Correlation against competitors.

Latest Enerpac Tool's Accumulated Depreciation Growth Pattern

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

Enerpac Accumulated Depreciation Regression Statistics

Arithmetic Mean(179,898,306)
Coefficient Of Variation(5.79)
Mean Deviation8,443,274
Median(186,502,000)
Standard Deviation10,418,467
Sample Variance108.5T
Range39.5M
R-Value(0.21)
Mean Square Error111.8T
R-Squared0.04
Significance0.45
Slope(488,412)
Total Sum of Squares1519.6T

Enerpac Accumulated Depreciation History

2024-176.4 M
2023-168 M
2017-186.7 M
2016-176.8 M
2015-195.9 M
2014-176 M
2013-165.7 M

About Enerpac Tool Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Enerpac Tool income statement, its balance sheet, and the statement of cash flows. Enerpac Tool investors use historical funamental indicators, such as Enerpac Tool's Accumulated Depreciation, to determine how well the company is positioned to perform in the future. Although Enerpac Tool investors may use each financial statement separately, they are all related. The changes in Enerpac Tool's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Enerpac Tool'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 Enerpac Tool Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Enerpac Tool. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accumulated Depreciation-168 M-176.4 M

Pair Trading with Enerpac Tool

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Enerpac Tool position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Enerpac Tool will appreciate offsetting losses from the drop in the long position's value.

Moving together with Enerpac Stock

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Moving against Enerpac Stock

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The ability to find closely correlated positions to Enerpac Tool could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enerpac Tool when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Enerpac Tool - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Enerpac Tool Group to buy it.
The correlation of Enerpac Tool is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Enerpac Tool moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enerpac Tool Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Enerpac Tool can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Enerpac Tool Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enerpac Tool'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 Enerpac Tool Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enerpac Tool Group Stock:
Check out the analysis of Enerpac Tool Correlation against competitors.
Note that the Enerpac Tool Group information on this page should be used as a complementary analysis to other Enerpac Tool's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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When running Enerpac Tool's price analysis, check to measure Enerpac Tool'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 Enerpac Tool is operating at the current time. Most of Enerpac Tool's value examination focuses on studying past and present price action to predict the probability of Enerpac Tool's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enerpac Tool's price. Additionally, you may evaluate how the addition of Enerpac Tool to your portfolios can decrease your overall portfolio volatility.
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Is Enerpac Tool's 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 Enerpac Tool. If investors know Enerpac 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 Enerpac Tool 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
3.458
Dividend Share
0.04
Earnings Share
1.36
Revenue Per Share
10.784
Quarterly Revenue Growth
(0.03)
The market value of Enerpac Tool Group is measured differently than its book value, which is the value of Enerpac that is recorded on the company's balance sheet. Investors also form their own opinion of Enerpac Tool's value that differs from its market value or its book value, called intrinsic value, which is Enerpac Tool'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 Enerpac Tool's market value can be influenced by many factors that don't directly affect Enerpac Tool'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 Enerpac Tool's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enerpac Tool is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enerpac Tool'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.