FLXT (Flexpoint Sensor Systems) Accumulated Depreciation: $0.00 Mil (As of Sep. 2024)

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What is Flexpoint Sensor Systems Accumulated Depreciation?

Flexpoint Sensor Systems FLXT Accumulated Depreciation is $0.00 Mil as of Sep. 2024.

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

Flexpoint Sensor Systems's quarterly accumulated depreciation stayed the same from Mar. 2024 ($-0.60 Mil) to Jun. 2024 ($-0.60 Mil) and stayed the same from Jun. 2024 ($-0.60 Mil) to Sep. 2024 ($0.00 Mil).

Flexpoint Sensor Systems's annual accumulated depreciation stayed the same from Dec. 2021 ($-0.60 Mil) to Dec. 2022 ($-0.60 Mil) and stayed the same from Dec. 2022 ($-0.60 Mil) to Dec. 2023 ($-0.60 Mil).

Flexpoint Sensor Systems Accumulated Depreciation Related Terms

Flexpoint Sensor Systems Accumulated Depreciation Historical Data

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The historical data trend for Flexpoint Sensor Systems'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.

Flexpoint Sensor Systems Accumulated Depreciation Chart

Flexpoint Sensor Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.59 -0.60 -0.60 -0.60 -0.60

Flexpoint Sensor Systems Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.60 -0.60 -0.60 -0.60 0.00

Flexpoint Sensor Systems 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 $0.00 Mil mean?
Flexpoint Sensor Systems (FLXT) has a Accumulated Depreciation of $0.00 Mil as of Sep. 2024. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Flexpoint Sensor Systems and its competitors.
Is Flexpoint Sensor Systems' Accumulated Depreciation too high?
Flexpoint Sensor Systems' current Accumulated Depreciation is $0.00 Mil.
How does Flexpoint Sensor Systems' Accumulated Depreciation compare to AKTSQ and ELST?
Flexpoint Sensor Systems' Accumulated Depreciation of $0.00 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Accumulated Depreciation depends on the Hardware 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 Flexpoint Sensor Systems and its competitors. Flexpoint Sensor Systems's current Accumulated Depreciation is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flexpoint Sensor Systems stock overvalued right now?
Flexpoint Sensor Systems (FLXT) has a current Accumulated Depreciation of $0.00 Mil. The current Accumulated Depreciation is $0.00 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 Flexpoint Sensor Systems (FLXT), the current Accumulated Depreciation is $0.00 Mil as of Sep. 2024. 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.

Flexpoint Sensor Systems Business Description

Address 5718 W Dannon Way, Suite B, West Jordan, UT, USA, 84081
Flexpoint Sensor Systems Inc designs, manufactures, and markets flexible Bend Sensor technology. The Bend Sensor is used for myriad applications, spanning multiple markets such as automotive and transportation, wearables, medical, industrial controls, consumer products, and toys/gaming. Its products include Bend Sensor and USB Bend Sensor Kit.