Odyne (ODYC) Accumulated Depreciation: $-0.10 Mil (As of Sep. 2008)

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

Odyne ODYC Accumulated Depreciation is $-0.10 Mil as of Sep. 2008.

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

Odyne's quarterly accumulated depreciation stayed the same from Mar. 2008 ($-0.10 Mil) to Jun. 2008 ($-0.10 Mil) and stayed the same from Jun. 2008 ($-0.10 Mil) to Sep. 2008 ($-0.10 Mil).

Odyne's annual accumulated depreciation increased from Jun. 2005 ($-0.01 Mil) to Jun. 2006 ($-0.01 Mil) and increased from Jun. 2006 ($-0.01 Mil) to Dec. 2007 ($-0.10 Mil).

Odyne Accumulated Depreciation Related Terms

Odyne Accumulated Depreciation Historical Data

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The historical data trend for Odyne'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.

Odyne Accumulated Depreciation Chart

Odyne Annual Data
Trend Jun05 Jun06 Dec07
Accumulated Depreciation
-0.01 -0.01 -0.10

Odyne Quarterly Data
Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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 -0.05 -0.10 -0.10 -0.10 -0.10

Odyne 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 $-0.10 Mil mean?
Odyne (ODYC) has a Accumulated Depreciation of $-0.10 Mil as of Sep. 2008. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Odyne and its competitors.
Is Odyne's Accumulated Depreciation too high?
Odyne's current Accumulated Depreciation is $-0.10 Mil.
How does Odyne's Accumulated Depreciation compare to CHGI and TNRG?
Odyne's Accumulated Depreciation of $-0.10 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Accumulated Depreciation depends on the Vehicles & Parts 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 Odyne and its competitors. Odyne's current Accumulated Depreciation is $-0.10 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Odyne stock overvalued right now?
Odyne (ODYC) has a current Accumulated Depreciation of $-0.10 Mil. The current Accumulated Depreciation is $-0.10 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 Odyne (ODYC), the current Accumulated Depreciation is $-0.10 Mil as of Sep. 2008. 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.

Odyne Business Description

Address 89 Cabot Court, Suite L, Hauppauge, NY, USA, 11788
Odyne Corp manufactures, develops, and sells hybrid systems for medium and heavy-duty work trucks. The company sells its modular system for new and retrofit applications direct to truck manufacturers and through a distribution and service network including Altec, Terex Utilities, and selected Allison Transmission distributors.