CGIP (Celadon Group) Accumulated Depreciation: $-162 Mil (As of Dec. 2016)

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 Celadon Group Accumulated Depreciation?

Celadon Group CGIP Accumulated Depreciation is $-162 Mil as of Dec. 2016.

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

Celadon Group's quarterly accumulated depreciation increased from Jun. 2016 ($-152 Mil) to Sep. 2016 ($-168 Mil) but then stayed the same from Sep. 2016 ($-168 Mil) to Dec. 2016 ($-162 Mil).

Celadon Group's annual accumulated depreciation declined from Jun. 2014 ($-151 Mil) to Jun. 2015 ($-147 Mil) but then increased from Jun. 2015 ($-147 Mil) to Jun. 2016 ($-152 Mil).


Celadon Group Accumulated Depreciation Related Terms


Celadon Group Accumulated Depreciation Historical Data

* Premium members only.

The historical data trend for Celadon Group'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.

Celadon Group Accumulated Depreciation Chart

Celadon Group Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -112.87 -115.37 -151.06 -147.45 -152.14

Celadon Group Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -147.24 -163.63 -152.14 -168.09 -161.54

Celadon Group 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 $-162 Mil mean?
Celadon Group (CGIP) has a Accumulated Depreciation of $-162 Mil as of Dec. 2016. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Celadon Group and its competitors.
Is Celadon Group's Accumulated Depreciation too high?
Celadon Group's current Accumulated Depreciation is $-162 Mil.
How does Celadon Group's Accumulated Depreciation compare to competitors?
Celadon Group's Accumulated Depreciation of $-162 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Accumulated Depreciation depends on the Transportation 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 Celadon Group and its competitors. Celadon Group's current Accumulated Depreciation is $-162 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Celadon Group stock overvalued right now?
Celadon Group (CGIP) has a current Accumulated Depreciation of $-162 Mil. The current Accumulated Depreciation is $-162 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 Celadon Group (CGIP), the current Accumulated Depreciation is $-162 Mil as of Dec. 2016. 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.

Celadon Group Business Description

Address 9503 East 33rd Street, One Celadon Drive, Indianapolis, IN, USA, 46235
Celadon Group Inc is a United States based company truckload freight transportation provider. Through its subsidiaries, the company provides long haul, regional, local, dedicated, intermodal, temperature-protect, and expedited freight service across the United States, Canada, and Mexico. It also offers freight brokerage services, freight management, as well as supply chain management solutions, including logistics, warehousing, and distribution. The operating segments of the company are Asset-based, Asset-light and Equipment leasing and services.