eFleets (eFleets) Accumulated Depreciation : $-0.16 Mil (As of Jun. 2014)

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What is eFleets Accumulated Depreciation?

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

eFleets's quarterly accumulated depreciation increased from Dec. 2013 ($-0.16 Mil) to Mar. 2014 ($-0.17 Mil) but then stayed the same from Mar. 2014 ($-0.17 Mil) to Jun. 2014 ($-0.16 Mil).

eFleets's annual accumulated depreciation stayed the same from May. 2011 ($0.00 Mil) to May. 2012 ($0.00 Mil) but then increased from May. 2012 ($0.00 Mil) to Dec. 2013 ($-0.16 Mil).

eFleets Accumulated Depreciation Historical Data

The historical data trend for eFleets'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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eFleets Accumulated Depreciation Chart

eFleets Annual Data

Trend

May09

May10

May11

May12

Dec13

Accumulated Depreciation

-0.16

eFleets Quarterly Data
	Aug09	Nov09	Feb10	May10	Aug10	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	Jun13	Sep13	Dec13	Mar14	Jun14
Accumulated Depreciation	Get a 7-Day Free Trial															-0.14	-0.14	-0.16	-0.17	-0.16

eFleets 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.

eFleets Accumulated Depreciation Related Terms

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eFleets (eFleets) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » eFleets Corp (GREY:EFLT) » Definitions » Accumulated Depreciation

Traded in Other Exchanges

N/A

Address

7660 Pebble Drive, Fort Worth, TX, USA, 76118

Website

eFleets Corp is focused on the design, development and manufacturing of an all-electric fleet vehicle for the essential services market. The company's all-electric vehicles are designed for use in traffic control/parking enforcement, security, small package delivery, military, maintenance, airport services, warehouses, and other comparable utility application. Its electric vehicles offer a zero-emission, high performance, low-maintenance and affordable alternative to specifically meet the needs of fleet vehicles in the essential services market. The company is focused on developing technology for its battery management and integrated drive system, which maximizes energy efficiency to satisfy the needs of its customers.

eFleets (eFleets) Headlines

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