HPCO (Hempacco Co) Accumulated Depreciation: $-1.36 Mil (As of Dec. 2023)

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What is Hempacco Co Accumulated Depreciation?

Hempacco Co HPCO Accumulated Depreciation is $-1.36 Mil as of Dec. 2023.

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

Hempacco Co's quarterly accumulated depreciation increased from Jun. 2023 ($-0.32 Mil) to Sep. 2023 ($-0.38 Mil) and increased from Sep. 2023 ($-0.38 Mil) to Dec. 2023 ($-1.36 Mil).

Hempacco Co's annual accumulated depreciation increased from Dec. 2021 ($-0.16 Mil) to Dec. 2022 ($-0.26 Mil) and increased from Dec. 2022 ($-0.26 Mil) to Dec. 2023 ($-1.36 Mil).

Hempacco Co Accumulated Depreciation Related Terms

Hempacco Co Accumulated Depreciation Historical Data

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The historical data trend for Hempacco 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.

Hempacco Co Accumulated Depreciation Chart

Hempacco Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accumulated Depreciation
-0.17 -0.16 -0.26 -1.36

Hempacco Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.26 -0.29 -0.32 -0.38 -1.36

Hempacco 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 $-1.36 Mil mean?
Hempacco Co (HPCO) has a Accumulated Depreciation of $-1.36 Mil as of Dec. 2023. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Hempacco Co and its competitors.
Is Hempacco Co's Accumulated Depreciation too high?
Hempacco Co's current Accumulated Depreciation is $-1.36 Mil.
How does Hempacco Co's Accumulated Depreciation compare to PM and MO?
Hempacco Co's Accumulated Depreciation of $-1.36 Mil can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good Accumulated Depreciation depends on the Tobacco Products 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 Hempacco Co and its competitors. Hempacco Co's current Accumulated Depreciation is $-1.36 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hempacco Co stock overvalued right now?
Hempacco Co (HPCO) has a current Accumulated Depreciation of $-1.36 Mil. The current Accumulated Depreciation is $-1.36 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 Hempacco Co (HPCO), the current Accumulated Depreciation is $-1.36 Mil as of Dec. 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.

Hempacco Co Business Description

Address 9925 Airway Road, San Diego, CA, USA, 92154
Hempacco Co Inc is engaged in manufacturing and selling nicotine-free and tobacco-free alternatives to traditional cigarettes. It utilizes a proprietary, patented spraying technology for terpene infusion and patent-pending flavored filter infusion technology to manufacture hemp and herb-based smokable alternatives. The company's operating segments include private label manufacturing and sales, intellectual property licensing, and the development and sales of inhouse brands using patented counter displays.