POOSF (Poseidon Concepts) Accumulated Depreciation: $-5.7 Mil (As of Sep. 2012)

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What is Poseidon Concepts Accumulated Depreciation?

Poseidon Concepts POOSF -90.00% Accumulated Depreciation is $-5.7 Mil as of Sep. 2012.

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

Poseidon Concepts's quarterly accumulated depreciation increased from Mar. 2012 ($-3.6 Mil) to Jun. 2012 ($-4.7 Mil) and increased from Jun. 2012 ($-4.7 Mil) to Sep. 2012 ($-5.7 Mil).

Poseidon Concepts's annual accumulated depreciation declined from Dec. 2009 ($-58.7 Mil) to Dec. 2010 ($-18.5 Mil) but then stayed the same from Dec. 2010 ($-18.5 Mil) to Dec. 2011 ($-4.2 Mil).

Poseidon Concepts Accumulated Depreciation Related Terms

Poseidon Concepts Accumulated Depreciation Historical Data

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The historical data trend for Poseidon Concepts'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.

Poseidon Concepts Accumulated Depreciation Chart

Poseidon Concepts Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Accumulated Depreciation
Get a 7-Day Free Trial -21.03 -32.45 -58.72 -18.51 -4.19

Poseidon Concepts Quarterly Data
Dec05 Dec06 Dec07 Dec08 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 -37.05 -4.19 -3.55 -4.73 -5.66

Poseidon Concepts 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 $-5.7 Mil mean?
Poseidon Concepts (POOSF) has a Accumulated Depreciation of $-5.7 Mil as of Sep. 2012. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Poseidon Concepts and its competitors.
Is Poseidon Concepts' Accumulated Depreciation too high?
Poseidon Concepts' current Accumulated Depreciation is $-5.7 Mil.
How does Poseidon Concepts' Accumulated Depreciation compare to FLSS and BRS?
Poseidon Concepts' Accumulated Depreciation of $-5.7 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 Poseidon Concepts and its competitors. Poseidon Concepts's current Accumulated Depreciation is $-5.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Poseidon Concepts stock overvalued right now?
Poseidon Concepts (POOSF) has a current Accumulated Depreciation of $-5.7 Mil. The current Accumulated Depreciation is $-5.7 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 Poseidon Concepts (POOSF), the current Accumulated Depreciation is $-5.7 Mil as of Sep. 2012. 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.

Poseidon Concepts Business Description

Industry EnergyOil & Gas
Address 645 - 7th Avenue SW, Suite 1200, Calgary, AB, CAN, T2P 4G8
Poseidon Concepts Corp is a customer-focused provider of safe fluid handling solutions to the oil and natural gas sector across North America.