MPIR (Empire Diversified Energy) Accumulated Depreciation: $-5.06 Mil (As of Sep. 2023)

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MPIR Empire Diversified Energy Inc MPIR
28 GF Score
Price $0.00
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What is Empire Diversified Energy Accumulated Depreciation?

Empire Diversified Energy MPIR +13.51% 28 Accumulated Depreciation is $-5.06 Mil as of Sep. 2023. GuruFocus rates MPIR with a GF Score™ of 28/100.

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

Empire Diversified Energy's quarterly accumulated depreciation declined from Dec. 2021 ($-1.80 Mil) to Sep. 2022 ($0.00 Mil) but then increased from Sep. 2022 ($0.00 Mil) to Sep. 2023 ($-5.06 Mil).

Empire Diversified Energy's annual accumulated depreciation increased from Dec. 2019 ($-0.01 Mil) to Dec. 2020 ($-0.13 Mil) and increased from Dec. 2020 ($-0.13 Mil) to Dec. 2021 ($-1.80 Mil).

Empire Diversified Energy Accumulated Depreciation Related Terms

Empire Diversified Energy Accumulated Depreciation Historical Data

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The historical data trend for Empire Diversified Energy'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.

Empire Diversified Energy Accumulated Depreciation Chart

Empire Diversified Energy Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -0.01 -0.13 -1.80

Empire Diversified Energy Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Sep22 Sep23
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 -0.89 -1.39 -1.80 0.00 -5.06
MPIR
28GF Score
Empire Diversified Energy Inc MPIR
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
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Empire Diversified Energy 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 $-5.06 Mil mean?
Empire Diversified Energy (MPIR) has a Accumulated Depreciation of $-5.06 Mil as of Sep. 2023. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Empire Diversified Energy and its competitors.
Is Empire Diversified Energy's Accumulated Depreciation too high?
Empire Diversified Energy's current Accumulated Depreciation is $-5.06 Mil. Overall, Empire Diversified Energy has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Empire Diversified Energy's Accumulated Depreciation compare to BROG and IMPP?
Empire Diversified Energy's Accumulated Depreciation of $-5.06 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Accumulated Depreciation depends on the Oil & Gas 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 Empire Diversified Energy and its competitors. Empire Diversified Energy's current Accumulated Depreciation is $-5.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empire Diversified Energy stock overvalued right now?
Empire Diversified Energy (MPIR) has a current Accumulated Depreciation of $-5.06 Mil. The current Accumulated Depreciation is $-5.06 Mil. Empire Diversified Energy's overall GF Score™ is 28/100. 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 Empire Diversified Energy (MPIR), the current Accumulated Depreciation is $-5.06 Mil as of Sep. 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.

Empire Diversified Energy Business Description

Industry EnergyOil & Gas
Address 1400 Main Street, Follansbee, WV, USA, WV 26037
Empire Diversified Energy Inc is a diversified energy and logistics company. It has developed a wide range of green energy products & solutions to industry problems, offering strategic and cost-effective logistics to address LNG and Petrochemical Storage Hubs, Petrochemical Loading Facilities, Scrap Iron and Mineral Sales, (Slag, HBI, Coal, Water), and Behind the grid utilities company that utilizes waste to energy and recycling systems to provide electricity, waste management and water treatment services. EDE provides a vast array of energy services and sources to energy buyers and sellers.
28GF Score

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