GIT (Going International Holding Co) Accumulated Depreciation: $-0.47 Mil (As of Mar. 2025)

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What is Going International Holding Co Accumulated Depreciation?

Going International Holding Co GIT Accumulated Depreciation is $-0.47 Mil as of Mar. 2025.

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

Going International Holding Co's quarterly accumulated depreciation increased from Mar. 2024 ($-0.34 Mil) to Sep. 2024 ($-0.42 Mil) and increased from Sep. 2024 ($-0.42 Mil) to Mar. 2025 ($-0.47 Mil).

Going International Holding Co's annual accumulated depreciation increased from Sep. 2021 ($-0.01 Mil) to Sep. 2022 ($-0.09 Mil) and increased from Sep. 2022 ($-0.09 Mil) to Sep. 2023 ($-0.21 Mil).

Going International Holding Co Accumulated Depreciation Related Terms

Going International Holding Co Accumulated Depreciation Historical Data

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The historical data trend for Going International Holding Co'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.

Going International Holding Co Accumulated Depreciation Chart

Going International Holding Co Annual Data
Trend Sep21 Sep22 Sep23
Accumulated Depreciation
-0.01 -0.09 -0.21

Going International Holding Co Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
Accumulated Depreciation Get a 7-Day Free Trial 0.00 -0.21 -0.34 -0.42 -0.47

Going International Holding Co 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 $-0.47 Mil mean?
Going International Holding Co (GIT) has a Accumulated Depreciation of $-0.47 Mil as of Mar. 2025. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Going International Holding Co and its competitors.
Is Going International Holding Co's Accumulated Depreciation too high?
Going International Holding Co's current Accumulated Depreciation is $-0.47 Mil.
How does Going International Holding Co's Accumulated Depreciation compare to ?
Going International Holding Co's Accumulated Depreciation of $-0.47 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 Going International Holding Co and its competitors. Going International Holding Co's current Accumulated Depreciation is $-0.47 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Going International Holding Co stock overvalued right now?
Going International Holding Co (GIT) has a current Accumulated Depreciation of $-0.47 Mil. The current Accumulated Depreciation is $-0.47 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 Going International Holding Co (GIT), the current Accumulated Depreciation is $-0.47 Mil as of Mar. 2025. 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.

Going International Holding Co Business Description

Comparable Companies
Address No. 3099 Keyuan South Road, Yuehai Street, 46F, China Energy Storage Building, High-tech Zone Community, Nanshan District, Shenzhen, CHN
Going International Holding Co Ltd is a back-testing solution engaged in quantitative trading strategies development and related services. It offers back-testing SaaS platform, enterprise management SaaS solutions and software system development services. Back-testing SaaS platform integrates data, strategies, and distributed task scheduling for computing power resources to provide customers with high-performance back-testing tools and computing power services to test the effectiveness of investment strategies. Enterprise management SaaS products offer innovative and comprehensive functionalities including omni-channel marketing, customer relationship management, and business reporting.