ConAgra Accumulated Depreciation from 2010 to 2024
CAG Stock | USD 27.09 0.02 0.07% |
Accumulated Depreciation | First Reported 2017-02-28 | Previous Quarter -3.2 B | Current Value -3.3 B | Quarterly Volatility 264.7 M |
Check ConAgra Foods financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ConAgra Foods' main balance sheet or income statement drivers, such as Depreciation And Amortization of 386.9 M, Interest Expense of 247.4 M or Selling General Administrative of 2.1 B, as well as many indicators such as Price To Sales Ratio of 1.53, Dividend Yield of 0.0244 or PTB Ratio of 2.13. ConAgra financial statements analysis is a perfect complement when working with ConAgra Foods Valuation or Volatility modules.
ConAgra | Accumulated Depreciation |
Latest ConAgra Foods' Accumulated Depreciation Growth Pattern
Below is the plot of the Accumulated Depreciation of ConAgra Foods over the last few years. Accumulated depreciation is the total amount of depreciation for ConAgra Foods fixed asset that has been charged to ConAgra Foods expense since that asset was acquired and made available for ConAgra Foods use. The accumulated depreciation account is ConAgra Foods 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 ConAgra Foods. It is ConAgra Foods' Accumulated Depreciation historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ConAgra Foods' overall financial position and show how it may be relating to other accounts over time.
Accumulated Depreciation | 10 Years Trend |
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Accumulated Depreciation |
Timeline |
ConAgra Accumulated Depreciation Regression Statistics
Arithmetic Mean | (2,872,577,000) | |
Coefficient Of Variation | (4.42) | |
Mean Deviation | 102,699,600 | |
Median | (2,800,300,000) | |
Standard Deviation | 127,020,252 | |
Sample Variance | 16134.1T | |
Range | 338.7M | |
R-Value | (0.63) | |
Mean Square Error | 10487.3T | |
R-Squared | 0.40 | |
Significance | 0.01 | |
Slope | (17,882,804) | |
Total Sum of Squares | 225878T |
ConAgra Accumulated Depreciation History
About ConAgra Foods Financial Statements
ConAgra Foods stakeholders use historical fundamental indicators, such as ConAgra Foods' Accumulated Depreciation, to determine how well the company is positioned to perform in the future. Although ConAgra Foods investors may analyze each financial statement separately, they are all interrelated. For example, changes in ConAgra Foods' assets and liabilities are reflected in the revenues and expenses on ConAgra Foods' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in ConAgra Foods. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Accumulated Depreciation | -2.8 B | -3 B |
Currently Active Assets on Macroaxis
When determining whether ConAgra Foods is a strong investment it is important to analyze ConAgra Foods' 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 ConAgra Foods' future performance. For an informed investment choice regarding ConAgra Stock, refer to the following important reports:Check out the analysis of ConAgra Foods Correlation against competitors. For more detail on how to invest in ConAgra Stock please use our How to Invest in ConAgra Foods guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Packaged Foods & Meats space 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 ConAgra Foods. If investors know ConAgra 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 ConAgra Foods 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 0.451 | Earnings Share 1.03 | Revenue Per Share 24.944 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0531 |
The market value of ConAgra Foods is measured differently than its book value, which is the value of ConAgra that is recorded on the company's balance sheet. Investors also form their own opinion of ConAgra Foods' value that differs from its market value or its book value, called intrinsic value, which is ConAgra Foods' 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 ConAgra Foods' market value can be influenced by many factors that don't directly affect ConAgra Foods' 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 ConAgra Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if ConAgra Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ConAgra Foods' 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.