Albert Labs International (FRA:VB50) Accumulated Depreciation: €-0.03 Mil (As of Sep. 2023)

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What is Albert Labs International Accumulated Depreciation?

Albert Labs International FRA:VB50 Accumulated Depreciation is €-0.03 Mil as of Sep. 2023.

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

Albert Labs International's quarterly accumulated depreciation increased from Mar. 2023 (€-0.02 Mil) to Jun. 2023 (€-0.02 Mil) and increased from Jun. 2023 (€-0.02 Mil) to Sep. 2023 (€-0.03 Mil).

Albert Labs International's annual accumulated depreciation declined from . 20 (€0.00 Mil) to Dec. 2021 (€-0.00 Mil) but then increased from Dec. 2021 (€-0.00 Mil) to Dec. 2022 (€-0.01 Mil).

Albert Labs International Accumulated Depreciation Related Terms

Albert Labs International Accumulated Depreciation Historical Data

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The historical data trend for Albert Labs International'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.

Albert Labs International Accumulated Depreciation Chart

Albert Labs International Annual Data
Trend Dec21 Dec22
Accumulated Depreciation
-0.00 -0.01

Albert Labs International Quarterly Data
Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.01 -0.02 -0.02 -0.03

Albert Labs International 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 €-0.03 Mil mean?
Albert Labs International (FRA:VB50) has a Accumulated Depreciation of €-0.03 Mil as of Sep. 2023. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Albert Labs International and its competitors.
Is Albert Labs International's Accumulated Depreciation too high?
Albert Labs International's current Accumulated Depreciation is €-0.03 Mil.
How does Albert Labs International's Accumulated Depreciation compare to VRTX and REGN?
Albert Labs International's Accumulated Depreciation of €-0.03 Mil can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Accumulated Depreciation depends on the Biotechnology 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 Albert Labs International and its competitors. Albert Labs International's current Accumulated Depreciation is €-0.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Albert Labs International stock overvalued right now?
Albert Labs International (FRA:VB50) has a current Accumulated Depreciation of €-0.03 Mil. The current Accumulated Depreciation is €-0.03 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 Albert Labs International (FRA:VB50), the current Accumulated Depreciation is €-0.03 Mil as of Sep. 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.

Albert Labs International Business Description

Address 201-6996 Merritt Avenue, Burnaby, BC, CAN, V5J 4R6
Albert Labs International Corp is a laboratory-based, clinical research, and drug development enterprise addressing mental health care needs. The company is focusing on Real World Evidence (RWE) the company will initially look to commercialize its mycelium-based KRN-101 medicine and treatment with the help of a clinical pathway.