EVRRF (Molecule Holdings) Accumulated Depreciation: $-1.34 Mil (As of Jul. 2023)

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What is Molecule Holdings Accumulated Depreciation?

Molecule Holdings EVRRF -99.96% Accumulated Depreciation is $-1.34 Mil as of Jul. 2023.

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

Molecule Holdings's quarterly accumulated depreciation increased from Jan. 2023 ($-1.07 Mil) to Apr. 2023 ($-1.19 Mil) and increased from Apr. 2023 ($-1.19 Mil) to Jul. 2023 ($-1.34 Mil).

Molecule Holdings's annual accumulated depreciation increased from Oct. 2020 ($-0.06 Mil) to Oct. 2021 ($-0.50 Mil) and increased from Oct. 2021 ($-0.50 Mil) to Oct. 2022 ($-0.93 Mil).

Molecule Holdings Accumulated Depreciation Related Terms

Molecule Holdings Accumulated Depreciation Historical Data

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The historical data trend for Molecule 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.

Molecule Holdings Accumulated Depreciation Chart

Molecule Holdings Annual Data
Trend Oct19 Oct20 Oct21 Oct22
Accumulated Depreciation
-0.02 -0.06 -0.50 -0.93

Molecule Holdings Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
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 -0.86 -0.93 -1.07 -1.19 -1.34

Molecule 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 $-1.34 Mil mean?
Molecule Holdings (EVRRF) has a Accumulated Depreciation of $-1.34 Mil as of Jul. 2023. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Molecule Holdings and its competitors.
Is Molecule Holdings' Accumulated Depreciation too high?
Molecule Holdings' current Accumulated Depreciation is $-1.34 Mil.
How does Molecule Holdings' Accumulated Depreciation compare to ZTS?
Molecule Holdings' Accumulated Depreciation of $-1.34 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Accumulated Depreciation depends on the Drug Manufacturers 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 Molecule Holdings and its competitors. Molecule Holdings's current Accumulated Depreciation is $-1.34 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Molecule Holdings stock overvalued right now?
Molecule Holdings (EVRRF) has a current Accumulated Depreciation of $-1.34 Mil. The current Accumulated Depreciation is $-1.34 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 Molecule Holdings (EVRRF), the current Accumulated Depreciation is $-1.34 Mil as of Jul. 2023. 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.

Molecule Holdings Business Description

Address 591 Reynolds Road, Landsdowne, ON, CAN, K0E 1L0
Molecule Holdings Inc is a licensed cannabis beverage company. It is engaged in the production, packaging, and distribution of beverages related to cannabis.