MMNFQ (MedMen Enterprises) Accumulated Depreciation: $-41.5 Mil (As of Mar. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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What is MedMen Enterprises Accumulated Depreciation?

MedMen Enterprises MMNFQ -90.00% Accumulated Depreciation is $-41.5 Mil as of Mar. 2023.

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

MedMen Enterprises's quarterly accumulated depreciation increased from Sep. 2022 ($-38.1 Mil) to Dec. 2022 ($-40.0 Mil) and increased from Dec. 2022 ($-40.0 Mil) to Mar. 2023 ($-41.5 Mil).

MedMen Enterprises's annual accumulated depreciation increased from Jun. 2020 ($-30.7 Mil) to Jun. 2021 ($-38.9 Mil) but then stayed the same from Jun. 2021 ($-38.9 Mil) to Jun. 2022 ($-36.7 Mil).

MedMen Enterprises Accumulated Depreciation Related Terms

MedMen Enterprises Accumulated Depreciation Historical Data

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The historical data trend for MedMen Enterprises'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.

MedMen Enterprises Accumulated Depreciation Chart

MedMen Enterprises Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.49 -14.83 -30.68 -38.87 -36.72

MedMen Enterprises Quarterly Data
Apr18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 Premium Member Only Premium Member Only Premium Member Only -36.33 -36.72 -38.08 -40.03 -41.50

MedMen Enterprises 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 $-41.5 Mil mean?
MedMen Enterprises (MMNFQ) has a Accumulated Depreciation of $-41.5 Mil as of Mar. 2023. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on MedMen Enterprises and its competitors.
Is MedMen Enterprises' Accumulated Depreciation too high?
MedMen Enterprises' current Accumulated Depreciation is $-41.5 Mil.
How does MedMen Enterprises' Accumulated Depreciation compare to ZTS and VTRS?
MedMen Enterprises' Accumulated Depreciation of $-41.5 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Accumulated Depreciation depends on the Drug Manufacturers 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 MedMen Enterprises and its competitors. MedMen Enterprises's current Accumulated Depreciation is $-41.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MedMen Enterprises stock overvalued right now?
MedMen Enterprises (MMNFQ) has a current Accumulated Depreciation of $-41.5 Mil. The current Accumulated Depreciation is $-41.5 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 MedMen Enterprises (MMNFQ), the current Accumulated Depreciation is $-41.5 Mil as of Mar. 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.

MedMen Enterprises Business Description

Address 8740 S Sepulveda Boulevard, Suite 105, Los Angeles, CA, USA, 90045
MedMen Enterprises Inc is a American cannabis company dedicated to improving life with Cannabis for All. With operations across the United States in California, Nevada, Illinois, Arizona, Massachusetts, and New York, the company has MedMen and LuxLyte brands offering cannabis in consumer-preferred product forms for medical and recreational use. It produces and curates the consumer product assortment for retail operations in its local communities, and drives consumer loyalty with service and engaging in-store experience, combined with reward, delivery, and e-commerce programs.