ILIM (IL2M International) Accumulated Depreciation: $-0.02 Mil (As of Feb. 2015)

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What is IL2M International Accumulated Depreciation?

IL2M International ILIM -99.00% Accumulated Depreciation is $-0.02 Mil as of Feb. 2015.

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

IL2M International's quarterly accumulated depreciation increased from Aug. 2014 ($-0.01 Mil) to Nov. 2014 ($-0.01 Mil) and increased from Nov. 2014 ($-0.01 Mil) to Feb. 2015 ($-0.02 Mil).

IL2M International's annual accumulated depreciation stayed the same from May. 2011 ($-0.00 Mil) to May. 2012 ($-0.00 Mil) and stayed the same from May. 2012 ($-0.00 Mil) to May. 2013 ($-0.00 Mil).

IL2M International Accumulated Depreciation Related Terms

IL2M International Accumulated Depreciation Historical Data

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The historical data trend for IL2M 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.

IL2M International Accumulated Depreciation Chart

IL2M International Annual Data
Trend May11 May12 May13
Accumulated Depreciation
-0.00 -0.00 -0.00

IL2M International Quarterly Data
Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15
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 -0.00 -0.01 -0.01 -0.01 -0.02

IL2M 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 $-0.02 Mil mean?
IL2M International (ILIM) has a Accumulated Depreciation of $-0.02 Mil as of Feb. 2015. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on IL2M International and its competitors.
Is IL2M International's Accumulated Depreciation too high?
IL2M International's current Accumulated Depreciation is $-0.02 Mil.
How does IL2M International's Accumulated Depreciation compare to LKST and IDDR?
IL2M International's Accumulated Depreciation of $-0.02 Mil can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Accumulated Depreciation depends on the Interactive Media 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 IL2M International and its competitors. IL2M International's current Accumulated Depreciation is $-0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IL2M International stock overvalued right now?
IL2M International (ILIM) has a current Accumulated Depreciation of $-0.02 Mil. The current Accumulated Depreciation is $-0.02 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 IL2M International (ILIM), the current Accumulated Depreciation is $-0.02 Mil as of Feb. 2015. 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.

IL2M International Business Description

Address 3500 West Olive Avenue, Suite 810, Burbank, CA, USA, 91505
IL2M International Corp is a developer of wired and wireless telemetry which is the monitoring, collection and transmission of data by wire or radio from remote sources and remote control systems. ILIM seeks to create its BidAi platform that would usher in a new category of human interaction known as metaverse. Company's BidAi Metaverse platform would consist of the BidAi Client, the BidAi Studio, and the BidAi Cloud. BidAi Client would be the application that allows users to explore 3D digital worlds. BidAi Studio would be the toolset that allows developers and creators to build, publish, and operate 3D experiences and other content accessed with the BidAi Client. BidAi Cloud includes the services and infrastructure that will power gaming platform platform.