Euronav Depreciation And Amortization from 2010 to 2024

EURN Stock  USD 16.66  0.03  0.18%   
Euronav NV Depreciation And Amortization yearly trend continues to be very stable with very little volatility. Depreciation And Amortization is likely to drop to about 199.8 M. Depreciation And Amortization is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. View All Fundamentals
 
Depreciation And Amortization  
First Reported
2011-09-30
Previous Quarter
50.7 M
Current Value
50.7 M
Quarterly Volatility
48.2 M
 
Yuan Drop
 
Covid
Check Euronav NV financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Euronav main balance sheet or income statement drivers, such as Depreciation And Amortization of 199.8 M, Interest Expense of 73.5 M or Selling General Administrative of 39.8 M, as well as many exotic indicators such as Price To Sales Ratio of 1.51, Dividend Yield of 0.0986 or PTB Ratio of 1.58. Euronav financial statements analysis is a perfect complement when working with Euronav NV Valuation or Volatility modules.
  
This module can also supplement Euronav NV's financial leverage analysis and stock options assessment as well as various Euronav NV Technical models . Check out the analysis of Euronav NV Correlation against competitors.
To learn how to invest in Euronav Stock, please use our How to Invest in Euronav NV guide.

Latest Euronav NV's Depreciation And Amortization Growth Pattern

Below is the plot of the Depreciation And Amortization of Euronav NV over the last few years. It is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. Euronav NV's Depreciation And Amortization historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Euronav NV's overall financial position and show how it may be relating to other accounts over time.
Depreciation And Amortization10 Years Trend
Slightly volatile
   Depreciation And Amortization   
       Timeline  

Euronav Depreciation And Amortization Regression Statistics

Arithmetic Mean212,897,804
Geometric Mean187,206,682
Coefficient Of Variation39.52
Mean Deviation62,154,140
Median210,206,000
Standard Deviation84,146,894
Sample Variance7080.7T
Range322M
R-Value0.57
Mean Square Error5115.4T
R-Squared0.33
Significance0.03
Slope10,795,082
Total Sum of Squares99129.8T

Euronav Depreciation And Amortization History

2024199.8 M
2023225.7 M
2022171.8 M
2021345 M
2020319.8 M
2019337.7 M
2018270.7 M

About Euronav NV Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Euronav NV income statement, its balance sheet, and the statement of cash flows. Euronav NV investors use historical funamental indicators, such as Euronav NV's Depreciation And Amortization, to determine how well the company is positioned to perform in the future. Although Euronav NV investors may use each financial statement separately, they are all related. The changes in Euronav NV's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Euronav NV'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 Euronav NV Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Euronav NV. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Depreciation And Amortization225.7 M199.8 M
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 Euronav NV 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, Euronav NV's short interest history, or implied volatility extrapolated from Euronav NV options trading.

Pair Trading with Euronav NV

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 Euronav NV 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 Euronav NV will appreciate offsetting losses from the drop in the long position's value.

Moving against Euronav Stock

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The ability to find closely correlated positions to Euronav NV could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Euronav NV 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 Euronav NV - 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 Euronav NV to buy it.
The correlation of Euronav NV 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 Euronav NV moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Euronav NV 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 Euronav NV 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 Euronav NV offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Euronav NV'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 Euronav Nv Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Euronav Nv Stock:
Check out the analysis of Euronav NV Correlation against competitors.
To learn how to invest in Euronav Stock, please use our How to Invest in Euronav NV guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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When running Euronav NV's price analysis, check to measure Euronav NV'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 Euronav NV is operating at the current time. Most of Euronav NV's value examination focuses on studying past and present price action to predict the probability of Euronav NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euronav NV's price. Additionally, you may evaluate how the addition of Euronav NV to your portfolios can decrease your overall portfolio volatility.
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Is Euronav NV'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 Euronav NV. If investors know Euronav 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 Euronav NV 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
0.724
Dividend Share
2.07
Earnings Share
4.25
Revenue Per Share
6.117
Quarterly Revenue Growth
(0.27)
The market value of Euronav NV is measured differently than its book value, which is the value of Euronav that is recorded on the company's balance sheet. Investors also form their own opinion of Euronav NV's value that differs from its market value or its book value, called intrinsic value, which is Euronav NV'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 Euronav NV's market value can be influenced by many factors that don't directly affect Euronav NV'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 Euronav NV's value and its price as these two are different measures arrived at by different means. Investors typically determine if Euronav NV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Euronav NV'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.