SP New Energy (PHS:SPNEC) Accumulated Depreciation: ₱-1,884 Mil (As of Sep. 2024)

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PHS:SPNEC SP New Energy Corp PHS:SPNEC
33 GF Score
Price ₱1.47
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What is SP New Energy Accumulated Depreciation?

SP New Energy PHS:SPNEC -1.34% 33 Accumulated Depreciation is ₱-1,884 Mil as of Sep. 2024. GuruFocus rates PHS:SPNEC with a GF Score™ of 33/100.

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

SP New Energy's quarterly accumulated depreciation increased from Mar. 2024 (₱-1,688 Mil) to Jun. 2024 (₱-1,765 Mil) and increased from Jun. 2024 (₱-1,765 Mil) to Sep. 2024 (₱-1,884 Mil).

SP New Energy's annual accumulated depreciation stayed the same from Dec. 2020 (₱0 Mil) to Jun. 2022 (₱0 Mil) but then increased from Jun. 2022 (₱0 Mil) to Dec. 2023 (₱-1,601 Mil).

SP New Energy Accumulated Depreciation Related Terms

SP New Energy Accumulated Depreciation Historical Data

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The historical data trend for SP New 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.

SP New Energy Accumulated Depreciation Chart

SP New Energy Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Jun22 Dec23
Accumulated Depreciation
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 -1,600.63

SP New Energy Quarterly Data
Dec17 Dec18 Dec19 Dec20 Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -1,467.30 -1,600.63 -1,687.83 -1,765.12 -1,884.25
PHS:SPNEC
33GF Score
SP New Energy Corp PHS:SPNEC
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
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SP New 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 ₱-1,884 Mil mean?
SP New Energy (PHS:SPNEC) has a Accumulated Depreciation of ₱-1,884 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 SP New Energy and its competitors.
Is SP New Energy's Accumulated Depreciation too high?
SP New Energy's current Accumulated Depreciation is ₱-1,884 Mil. Overall, SP New Energy has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does SP New Energy's Accumulated Depreciation compare to CEG?
SP New Energy's Accumulated Depreciation of ₱-1,884 Mil can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Accumulated Depreciation depends on the Utilities - Independent Power Producers 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 SP New Energy and its competitors. SP New Energy's current Accumulated Depreciation is ₱-1,884 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SP New Energy stock overvalued right now?
SP New Energy (PHS:SPNEC) has a current Accumulated Depreciation of ₱-1,884 Mil. The current Accumulated Depreciation is ₱-1,884 Mil. SP New Energy's overall GF Score™ is 33/100. 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 SP New Energy (PHS:SPNEC), the current Accumulated Depreciation is ₱-1,884 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.

SP New Energy Business Description

Address Ortigas Avenue, Rockwell Business Center, Barangay Ugong, Second District, National Capital Region, Pasig, PHL, 1604
SP New Energy Corp mainly to engage in the construction, operation and maintenance of all types of renewable energy plants and related services. The Group has only one geographical segment Philippines.
33GF 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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