RM2 International (RM2 International) Accumulated Depreciation : $-34.51 Mil (As of Jun. 2020)

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What is RM2 International Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

RM2 International's quarterly accumulated depreciation declined from Mar. 2019 ($-38.29 Mil) to Jun. 2019 ($-32.34 Mil) but then increased from Jun. 2019 ($-32.34 Mil) to Jun. 2020 ($-34.51 Mil).

RM2 International's annual accumulated depreciation declined from Jun. 2018 ($-33.38 Mil) to Jun. 2019 ($-32.34 Mil) but then increased from Jun. 2019 ($-32.34 Mil) to Jun. 2020 ($-34.51 Mil).

RM2 International Accumulated Depreciation Historical Data

The historical data trend for RM2 International's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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RM2 International Accumulated Depreciation Chart

RM2 International Annual Data

Trend

Dec10

Dec11

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Accumulated Depreciation

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-24.46

-29.55

-33.38

-32.34

-34.51

RM2 International Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Jun20
Accumulated Depreciation	Get a 7-Day Free Trial															-34.98	-36.75	-38.29	-32.34	-34.51

RM2 International Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

RM2 International Accumulated Depreciation Related Terms

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RM2 International (RM2 International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » RM2 International Inc (OTCPK:RMTO) » Definitions » Accumulated Depreciation

Traded in Other Exchanges

N/A

Address

810 Flightline Boulevard, Deland, FL, USA, 32724

Website

https://www.rm2.com

RM2 International Inc leases robust composite pallets to replace wooden pallets, including smart Internet of Things (IoT) technologies, to improve logistics. In every BLOCKPal pallet, embedded IoT sensors capture location, temperature, shock & tilt, and movement. Sensor data is transmitted via a high-speed LTE-M network to RM2's secure cloud database. RM2 issues, retrieves, and sanitizes more than 1.5 million of its hygienic IoT pallets annually through a nationwide network of over 30 service facilities in a cost-effective, scalable, and environmentally sustainable pallet pooling system.

Executives

Brian Knaley	other: Former Officer	C/O ARC GROUP WORLDWIDE, INC., 810 FLIGHTLINE BLVD., DELAND FL 32724
Everest Hill Group Inc.	10 percent owner	TROPIC ISLE BUILDING, P O BOX 3331, ROAD TOWN TORTOLA D8 VG 1110
Alan G Quasha	director	127 EAST 73RD STREET, NEW YORK NY 10021
Theodore Deinard	other: Former Interim CEO, CFO, & Dir	C/O ARC WIRELESS SOLUTIONS, INC., 6330 NORTH WASHINGTON ST., SUITE 13, DENVER CO 80216
Javier Baz	director	1100 HUMBOLDT STREET, DENVER CO 80218
Robert E Wade	director	C/O FRANKLIN RESOURCES INC, ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Randall P Marx	director, officer: CEO, President & Secretary
Monty R Lamirato	officer: CFO