NEXNF (NEXE Innovations) Accumulated Depreciation: $-5.70 Mil (As of Feb. 2026)

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NEXNF NEXE Innovations Inc NEXNF
32 GF Score
Price $0.09
! 2 Warning Signs
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What is NEXE Innovations Accumulated Depreciation?

NEXE Innovations NEXNF +7.89% 32 Accumulated Depreciation is $-5.70 Mil as of Feb. 2026. GuruFocus rates NEXNF with a GF Score™ of 32/100. The stock has 2 warning signs investors should review.

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

NEXE Innovations's quarterly accumulated depreciation increased from Aug. 2025 ($-4.98 Mil) to Nov. 2025 ($-5.20 Mil) and increased from Nov. 2025 ($-5.20 Mil) to Feb. 2026 ($-5.70 Mil).

NEXE Innovations's annual accumulated depreciation increased from May. 2023 ($-2.20 Mil) to May. 2024 ($-3.40 Mil) and increased from May. 2024 ($-3.40 Mil) to May. 2025 ($-4.63 Mil).

NEXE Innovations Accumulated Depreciation Related Terms

NEXE Innovations Accumulated Depreciation Historical Data

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The historical data trend for NEXE Innovations'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.

NEXE Innovations Accumulated Depreciation Chart

NEXE Innovations Annual Data
Trend May20 May21 May22 May23 May24 May25
Accumulated Depreciation
Get a 7-Day Free Trial -1.18 -1.69 -2.20 -3.40 -4.63

NEXE Innovations Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 -4.18 -4.63 -4.98 -5.20 -5.70
NEXNF
32GF Score
NEXE Innovations Inc NEXNF
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
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NEXE Innovations 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 $-5.70 Mil mean?
NEXE Innovations (NEXNF) has a Accumulated Depreciation of $-5.70 Mil as of Feb. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on NEXE Innovations and its competitors.
Is NEXE Innovations' Accumulated Depreciation too high?
NEXE Innovations' current Accumulated Depreciation is $-5.70 Mil. Overall, NEXE Innovations has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does NEXE Innovations' Accumulated Depreciation compare to SW and PKG?
NEXE Innovations' Accumulated Depreciation of $-5.70 Mil can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good Accumulated Depreciation depends on the Packaging & Containers 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 NEXE Innovations and its competitors. NEXE Innovations's current Accumulated Depreciation is $-5.70 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEXE Innovations stock overvalued right now?
NEXE Innovations (NEXNF) has a current Accumulated Depreciation of $-5.70 Mil. The current Accumulated Depreciation is $-5.70 Mil. NEXE Innovations' overall GF Score™ is 32/100 with 2 warning signs to review. 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 NEXE Innovations (NEXNF), the current Accumulated Depreciation is $-5.70 Mil as of Feb. 2026. 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.

NEXE Innovations Business Description

Other Exchanges NX5:GermanyNEXE:Canada
Address 109 19355 22nd Avenue, Surrey, BC, CAN, V3Z 3S6
NEXE Innovations Inc is a plant-based compostable technology and materials manufacturing company based in British Columbia, Canada. The company has developed patented, fully compostable, plant-based single-serve coffee pods for use in single-serve coffee machines. The company is an innovator and manufacturer of fully compostable materials, revolutionizing the landscape of everyday consumer products and single-use items. The NEXE Pod is BPI compostable and complies with rigorous international standards for compostable materials.
32GF Score

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Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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