Paper Middle East (SIMO) (CAI:SIMO) Accumulated Depreciation: E£ Mil (As of Jun. 2013)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Paper Middle East (SIMO) Accumulated Depreciation?

Paper Middle East (SIMO) CAI:SIMO Accumulated Depreciation is E£ Mil as of Jun. 2013.

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

Paper Middle East (SIMO)'s annual accumulated depreciation increased from Jun. 2011 (E£-57.59 Mil) to Jun. 2012 (E£-59.10 Mil) and increased from Jun. 2012 (E£-59.10 Mil) to Jun. 2013 (E£-60.49 Mil).


Paper Middle East (SIMO) Accumulated Depreciation Related Terms


Paper Middle East (SIMO) Accumulated Depreciation Historical Data

* Premium members only.

The historical data trend for Paper Middle East (SIMO)'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.

Paper Middle East (SIMO) Accumulated Depreciation Chart

Paper Middle East (SIMO) Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only -54.38 -55.98 -57.59 -59.10 -60.49

Paper Middle East (SIMO) Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Paper Middle East (SIMO) 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.

What does a Accumulated Depreciation of E£ Mil mean?
Paper Middle East (SIMO) (CAI:SIMO) has a Accumulated Depreciation of E£ Mil as of Jun. 2013. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Paper Middle East (SIMO) and its competitors.
Is Paper Middle East (SIMO)'s Accumulated Depreciation too high?
Paper Middle East (SIMO)'s current Accumulated Depreciation is E£ Mil.
How does Paper Middle East (SIMO)'s Accumulated Depreciation compare to competitors?
Paper Middle East (SIMO)'s Accumulated Depreciation of E£ Mil can be compared against companies in the Forest Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for a Forest Products company?
A good Accumulated Depreciation depends on the Forest Products industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Paper Middle East (SIMO) and its competitors. Paper Middle East (SIMO)'s current Accumulated Depreciation is E£ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paper Middle East (SIMO) stock overvalued right now?
Paper Middle East (SIMO) (CAI:SIMO) has a current Accumulated Depreciation of E£ Mil. The current Accumulated Depreciation is E£ Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For Paper Middle East (SIMO) (CAI:SIMO), the current Accumulated Depreciation is E£ Mil as of Jun. 2013. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Paper Middle East (SIMO) Business Description

Address 19 Abd EL- Hamid Lotfy Street, Off Samir Abd El Rauf, St. 8th Floor, Office No. 802, 11471, Nasr City, Cairo, EGY
Paper Middle East (SIMO) manufactures paper products. Its product portfolio includes duplex cartons, thick cardboard, paper containers and different kinds of tapes and cardboard products.