GETR (Getaround) Accumulated Depreciation: $-3.63 Mil (As of Sep. 2024)

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What is Getaround Accumulated Depreciation?

Getaround GETR Accumulated Depreciation is $-3.63 Mil as of Sep. 2024.

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

Getaround's quarterly accumulated depreciation declined from Mar. 2024 ($-9.66 Mil) to Jun. 2024 ($-3.49 Mil) but then increased from Jun. 2024 ($-3.49 Mil) to Sep. 2024 ($-3.63 Mil).

Getaround's annual accumulated depreciation increased from Dec. 2021 ($-4.35 Mil) to Dec. 2022 ($-7.09 Mil) and increased from Dec. 2022 ($-7.09 Mil) to Dec. 2023 ($-9.29 Mil).

Getaround Accumulated Depreciation Related Terms

Getaround Accumulated Depreciation Historical Data

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The historical data trend for Getaround'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.

Getaround Accumulated Depreciation Chart

Getaround Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accumulated Depreciation
-4.40 -4.35 -7.09 -9.29

Getaround Quarterly Data
Dec20 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 -8.74 -9.29 -9.66 -3.49 -3.63

Getaround 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 $-3.63 Mil mean?
Getaround (GETR) has a Accumulated Depreciation of $-3.63 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 Getaround and its competitors.
Is Getaround's Accumulated Depreciation too high?
Getaround's current Accumulated Depreciation is $-3.63 Mil.
How does Getaround's Accumulated Depreciation compare to EHVVF and FMTOF?
Getaround's Accumulated Depreciation of $-3.63 Mil can be compared against companies in the Software 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 Software company?
A good Accumulated Depreciation depends on the Software 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 Getaround and its competitors. Getaround's current Accumulated Depreciation is $-3.63 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Getaround stock overvalued right now?
Getaround (GETR) has a current Accumulated Depreciation of $-3.63 Mil. The current Accumulated Depreciation is $-3.63 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 Getaround (GETR), the current Accumulated Depreciation is $-3.63 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.

Getaround Business Description

Address 55 Green Street, San Francisco, CA, USA, 94111
Getaround Inc operates as a developer of a carsharing platform designed to instantly access and drive cars shared by people. The company's platform provides users with simple on-demand car rentals. Getaround's on-demand technology enables a contactless experience no waiting in line at a car rental facility, manually completing paperwork, or meeting anyone to collect or drop off car keys. It derives maximum revenue from United States.