Hess Accumulated Depreciation from 2010 to 2024

HES Stock  USD 157.49  5.64  3.46%   
Hess Accumulated Depreciation yearly trend continues to be comparatively stable with very little volatility. Accumulated Depreciation will likely drop to about -16.5 B in 2024. From the period from 2010 to 2024, Hess Accumulated Depreciation quarterly data regression had mean square error of 4902604.1 T and mean deviation of  1,531,495,822. View All Fundamentals
 
Accumulated Depreciation  
First Reported
2010-12-31
Previous Quarter
-17.9 B
Current Value
-18.3 B
Quarterly Volatility
2.8 B
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hess financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hess main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 B, Interest Expense of 554.4 M or Total Revenue of 14.8 B, as well as many exotic indicators such as Price To Sales Ratio of 4.33, Dividend Yield of 0.0106 or PTB Ratio of 5.15. Hess financial statements analysis is a perfect complement when working with Hess Valuation or Volatility modules.
  
This module can also supplement Hess' financial leverage analysis and stock options assessment as well as various Hess Technical models . Check out the analysis of Hess Correlation against competitors.

Latest Hess' Accumulated Depreciation Growth Pattern

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

Hess Accumulated Depreciation Regression Statistics

Arithmetic Mean(17,577,695,333)
Coefficient Of Variation(12.15)
Mean Deviation1,531,495,822
Median(16,996,000,000)
Standard Deviation2,135,952,394
Sample Variance4562292.6T
Range8.7B
R-Value0.05
Mean Square Error4902604.1T
R-Squared0
Significance0.87
Slope22,219,964
Total Sum of Squares63872096.8T

Hess Accumulated Depreciation History

2024-16.5 B
2023-15.7 B
2022-17.5 B
2021-17 B
2020-16.4 B
2019-19 B
2018-17.1 B

About Hess Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Hess income statement, its balance sheet, and the statement of cash flows. Hess investors use historical funamental indicators, such as Hess's Accumulated Depreciation, to determine how well the company is positioned to perform in the future. Although Hess investors may use each financial statement separately, they are all related. The changes in Hess's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Hess'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 Hess Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Hess. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accumulated Depreciation-15.7 B-16.5 B

Hess Investors Sentiment

The influence of Hess' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Hess. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Hess' public news can be used to forecast risks associated with an investment in Hess. The trend in average sentiment can be used to explain how an investor holding Hess can time the market purely based on public headlines and social activities around Hess Corporation. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Hess' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Hess' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Hess' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Hess.

Hess Implied Volatility

    
  56.02  
Hess' implied volatility exposes the market's sentiment of Hess Corporation stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Hess' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Hess stock will not fluctuate a lot when Hess' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hess in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hess' short interest history, or implied volatility extrapolated from Hess options trading.

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When determining whether Hess is a strong investment it is important to analyze Hess' 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 Hess' future performance. For an informed investment choice regarding Hess Stock, refer to the following important reports:
Check out the analysis of Hess Correlation against competitors.
Note that the Hess information on this page should be used as a complementary analysis to other Hess' 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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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When running Hess' price analysis, check to measure Hess' 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 Hess is operating at the current time. Most of Hess' value examination focuses on studying past and present price action to predict the probability of Hess' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hess' price. Additionally, you may evaluate how the addition of Hess to your portfolios can decrease your overall portfolio volatility.
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Is Hess' 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 Hess. If investors know Hess 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 Hess 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
1.794
Dividend Share
1.75
Earnings Share
6.51
Revenue Per Share
36.546
Quarterly Revenue Growth
0.377
The market value of Hess is measured differently than its book value, which is the value of Hess that is recorded on the company's balance sheet. Investors also form their own opinion of Hess' value that differs from its market value or its book value, called intrinsic value, which is Hess' 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 Hess' market value can be influenced by many factors that don't directly affect Hess' 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 Hess' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hess is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hess' 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.