MVRK (Maverick Lifestyle) Accumulated Depreciation: $-7.28 Mil (As of Sep. 2024)

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Director of Data and Quant Analytics at GuruFocus
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What is Maverick Lifestyle Accumulated Depreciation?

Maverick Lifestyle MVRK Accumulated Depreciation is $-7.28 Mil as of Sep. 2024.

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

Maverick Lifestyle's quarterly accumulated depreciation increased from Dec. 2023 ($-6.72 Mil) to Jun. 2024 ($-7.09 Mil) and increased from Jun. 2024 ($-7.09 Mil) to Sep. 2024 ($-7.28 Mil).

Maverick Lifestyle's annual accumulated depreciation increased from Dec. 2021 ($-3.41 Mil) to Dec. 2022 ($-5.30 Mil) and increased from Dec. 2022 ($-5.30 Mil) to Dec. 2023 ($-6.72 Mil).

Maverick Lifestyle Accumulated Depreciation Related Terms

Maverick Lifestyle Accumulated Depreciation Historical Data

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The historical data trend for Maverick Lifestyle'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.

Maverick Lifestyle Accumulated Depreciation Chart

Maverick Lifestyle Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accumulated Depreciation
-1.53 -3.41 -5.30 -6.72

Maverick Lifestyle Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -6.24 -6.42 -6.72 -7.09 -7.28

Maverick Lifestyle 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 $-7.28 Mil mean?
Maverick Lifestyle (MVRK) has a Accumulated Depreciation of $-7.28 Mil as of Sep. 2024. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Maverick Lifestyle and its competitors.
Is Maverick Lifestyle's Accumulated Depreciation too high?
Maverick Lifestyle's current Accumulated Depreciation is $-7.28 Mil.
How does Maverick Lifestyle's Accumulated Depreciation compare to ?
Maverick Lifestyle's Accumulated Depreciation of $-7.28 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 Maverick Lifestyle and its competitors. Maverick Lifestyle's current Accumulated Depreciation is $-7.28 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maverick Lifestyle stock overvalued right now?
Maverick Lifestyle (MVRK) has a current Accumulated Depreciation of $-7.28 Mil. The current Accumulated Depreciation is $-7.28 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 Maverick Lifestyle (MVRK), the current Accumulated Depreciation is $-7.28 Mil as of Sep. 2024. 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.

Maverick Lifestyle Business Description

Comparable Companies
Address 7427 NC Highway 58 South, Stantonsburg, NC, USA, 27883
Maverick Lifestyle Inc is a Hemp Canna-Infused Products Company primarily engaged in the manufacturing, branding, marketing, distribution and sales of products infused with hemp-derived cannabinoids (including but not limited to delta-8-THC, delta-9-THC, delta-10-THC, HHC, CBD, CBG and CBN) such as pre-rolled hemp joints and hemp cigarettes, hemp cigarillos, blunts, disposable live resin vapes, gummies and unique edibles. It is also engaged in the development of high speed rolling manufacturing technology specifically designed for the hemp and cannabis industry, such as converting high speed tobacco rolling machines to roll stickier products such as delta-8-THC, HHC infused hemp, packing machines to automatically package rolled products into consumer packaging ready for the shelf.