CVST (Covista Communications) Accumulated Depreciation: $-13.87 Mil (As of Apr. 2005)

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What is Covista Communications Accumulated Depreciation?

Covista Communications CVST -99.67% Accumulated Depreciation is $-13.87 Mil as of Apr. 2005.

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

Covista Communications's quarterly accumulated depreciation declined from Oct. 2004 ($-30.10 Mil) to Jan. 2005 ($-13.42 Mil) but then increased from Jan. 2005 ($-13.42 Mil) to Apr. 2005 ($-13.87 Mil).

Covista Communications's annual accumulated depreciation increased from Jan. 2003 ($-22.31 Mil) to Jan. 2004 ($-30.10 Mil) but then stayed the same from Jan. 2004 ($-30.10 Mil) to Jan. 2005 ($-13.42 Mil).

Covista Communications Accumulated Depreciation Related Terms

Covista Communications Accumulated Depreciation Historical Data

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The historical data trend for Covista Communications'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.

Covista Communications Accumulated Depreciation Chart

Covista Communications Annual Data
Trend Jan96 Jan97 Jan98 Jan99 Jan00 Jan01 Jan02 Jan03 Jan04 Jan05
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.70 -18.36 -22.31 -30.10 -13.42

Covista Communications Quarterly Data
Jul00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02 Jan03 Apr03 Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05
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 -30.10 -30.10 -30.10 -13.42 -13.87

Covista Communications 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 $-13.87 Mil mean?
Covista Communications (CVST) has a Accumulated Depreciation of $-13.87 Mil as of Apr. 2005. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Covista Communications and its competitors.
Is Covista Communications' Accumulated Depreciation too high?
Covista Communications' current Accumulated Depreciation is $-13.87 Mil.
How does Covista Communications' Accumulated Depreciation compare to FULO and TWER?
Covista Communications' Accumulated Depreciation of $-13.87 Mil can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Accumulated Depreciation depends on the Telecommunication Services 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 Covista Communications and its competitors. Covista Communications's current Accumulated Depreciation is $-13.87 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Covista Communications stock overvalued right now?
Covista Communications (CVST) has a current Accumulated Depreciation of $-13.87 Mil. The current Accumulated Depreciation is $-13.87 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 Covista Communications (CVST), the current Accumulated Depreciation is $-13.87 Mil as of Apr. 2005. 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.

Covista Communications Business Description

Address 735 Broad Street, Unit 306, Chattanooga, TN, USA, 37402
Covista Communications Inc is a telecommunication service provider. Its products and services include voice, data, and internet solutions, including local, long-distance, and toll-free services, calling card, frame relay, Internet access, & directory assistance.