DWAY (DriveItAway Holdings) Accumulated Depreciation: $-0.13 Mil (As of Mar. 2026)

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What is DriveItAway Holdings Accumulated Depreciation?

DriveItAway Holdings DWAY +1.50% Accumulated Depreciation is $-0.13 Mil as of Mar. 2026. The stock has 5 warning signs investors should review.

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

DriveItAway Holdings's quarterly accumulated depreciation declined from Sep. 2025 ($-0.20 Mil) to Dec. 2025 ($-0.17 Mil) but then stayed the same from Dec. 2025 ($-0.17 Mil) to Mar. 2026 ($-0.13 Mil).

DriveItAway Holdings's annual accumulated depreciation increased from Sep. 2023 ($-0.04 Mil) to Sep. 2024 ($-0.09 Mil) and increased from Sep. 2024 ($-0.09 Mil) to Sep. 2025 ($-0.20 Mil).

DriveItAway Holdings Accumulated Depreciation Related Terms

DriveItAway Holdings Accumulated Depreciation Historical Data

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The historical data trend for DriveItAway Holdings'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.

DriveItAway Holdings Accumulated Depreciation Chart

DriveItAway Holdings Annual Data
Trend Sep21 Sep22 Sep23 Sep24 Sep25
Accumulated Depreciation
0.00 -0.01 -0.04 -0.09 -0.20

DriveItAway Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -0.16 -0.20 -0.20 -0.17 -0.13

DriveItAway Holdings 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 $-0.13 Mil mean?
DriveItAway Holdings (DWAY) has a Accumulated Depreciation of $-0.13 Mil as of Mar. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on DriveItAway Holdings and its competitors.
Is DriveItAway Holdings' Accumulated Depreciation too high?
DriveItAway Holdings' current Accumulated Depreciation is $-0.13 Mil.
How does DriveItAway Holdings' Accumulated Depreciation compare to AITX and ZCAR?
DriveItAway Holdings' Accumulated Depreciation of $-0.13 Mil can be compared against companies in the Business 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 Business Services company?
A good Accumulated Depreciation depends on the Business 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 DriveItAway Holdings and its competitors. DriveItAway Holdings's current Accumulated Depreciation is $-0.13 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DriveItAway Holdings stock overvalued right now?
Based on GuruFocus' analysis, DriveItAway Holdings (DWAY) is currently considered Possible Value Trap. The stock's GF Value™ is $0.07, compared to a current price of $0.02 — trading 71% below its estimated fair value. The current Accumulated Depreciation is $-0.13 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 DriveItAway Holdings (DWAY), the current Accumulated Depreciation is $-0.13 Mil as of Mar. 2026. 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.

DriveItAway Holdings Business Description

Address 3201 Market Street, Suite 200/201, Philadelphia, PA, USA, 10104
DriveItAway Holdings Inc provides dealer focused mobility platform that enables car dealers to sell more vehicles seamlessly through eCommerce, with its 'Pay as You Go' app-based subscription program. DIA provides a comprehensive turnkey, solutions-driven program with proprietary mobile technology and driver app, insurance coverages, and training to get dealerships up and running quickly and profitably in emerging online sales opportunities.