PREC (Prestige Cars International) Accumulated Depreciation: $-0.09 Mil (As of Sep. 2023)

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What is Prestige Cars International Accumulated Depreciation?

Prestige Cars International PREC Accumulated Depreciation is $-0.09 Mil as of Sep. 2023.

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

Prestige Cars International's quarterly accumulated depreciation stayed the same from . 20 ($0.00 Mil) to Sep. 2022 ($0.00 Mil) but then increased from Sep. 2022 ($0.00 Mil) to Sep. 2023 ($-0.09 Mil).

Prestige Cars International Accumulated Depreciation Related Terms

Prestige Cars International Accumulated Depreciation Historical Data

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The historical data trend for Prestige Cars International'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.

Prestige Cars International Accumulated Depreciation Chart

Prestige Cars International Annual Data
Trend
Accumulated Depreciation

Prestige Cars International Semi-Annual Data
Sep22 Sep23
Accumulated Depreciation 0.00 -0.09

Prestige Cars International 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 $-0.09 Mil mean?
Prestige Cars International (PREC) has a Accumulated Depreciation of $-0.09 Mil as of Sep. 2023. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Prestige Cars International and its competitors.
Is Prestige Cars International's Accumulated Depreciation too high?
Prestige Cars International's current Accumulated Depreciation is $-0.09 Mil.
How does Prestige Cars International's Accumulated Depreciation compare to NCNCF and ZAPPF?
Prestige Cars International's Accumulated Depreciation of $-0.09 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 Prestige Cars International and its competitors. Prestige Cars International's current Accumulated Depreciation is $-0.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prestige Cars International stock overvalued right now?
Prestige Cars International (PREC) has a current Accumulated Depreciation of $-0.09 Mil. The current Accumulated Depreciation is $-0.09 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 Prestige Cars International (PREC), the current Accumulated Depreciation is $-0.09 Mil as of Sep. 2023. 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.

Prestige Cars International Business Description

Address 1013 West Sunrise boulevard, Fort Lauderdale, FL, USA, 33311
Prestige Cars International Inc is engaged in restoring, buying, maintaining, selling and servicing High-End luxury European vehicles new and used and their parts world wide. The business of the company is conducted through its showroom and via the internet. The Company specializes in current and vintage Rolls Royce, Bentley, Mercedes Benz, BMW, Porsche, Jaguar, Ferrari, Aston Martin and Land Rovers. The Company services both the B2B and B2C automotive space.