PRST (Presto Automation) Accumulated Depreciation: $-5.29 Mil (As of Mar. 2024)

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What is Presto Automation Accumulated Depreciation?

Presto Automation PRST -99.00% Accumulated Depreciation is $-5.29 Mil as of Mar. 2024.

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

Presto Automation's quarterly accumulated depreciation increased from Sep. 2023 ($-5.83 Mil) to Dec. 2023 ($-6.14 Mil) but then stayed the same from Dec. 2023 ($-6.14 Mil) to Mar. 2024 ($-5.29 Mil).

Presto Automation's annual accumulated depreciation declined from Jun. 2021 ($-5.03 Mil) to Jun. 2022 ($-4.77 Mil) but then increased from Jun. 2022 ($-4.77 Mil) to Jun. 2023 ($-5.50 Mil).

Presto Automation Accumulated Depreciation Related Terms

Presto Automation Accumulated Depreciation Historical Data

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The historical data trend for Presto Automation'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.

Presto Automation Accumulated Depreciation Chart

Presto Automation Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Accumulated Depreciation
-4.14 -5.03 -4.77 -5.50

Presto Automation Quarterly Data
Jun20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -5.17 -5.50 -5.83 -6.14 -5.29

Presto Automation 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 $-5.29 Mil mean?
Presto Automation (PRST) has a Accumulated Depreciation of $-5.29 Mil as of Mar. 2024. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Presto Automation and its competitors.
Is Presto Automation's Accumulated Depreciation too high?
Presto Automation's current Accumulated Depreciation is $-5.29 Mil.
How does Presto Automation's Accumulated Depreciation compare to BOMO and CRM?
Presto Automation's Accumulated Depreciation of $-5.29 Mil can be compared against companies in the Software 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 Software company?
A good Accumulated Depreciation depends on the Software 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 Presto Automation and its competitors. Presto Automation's current Accumulated Depreciation is $-5.29 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Presto Automation stock overvalued right now?
Presto Automation (PRST) has a current Accumulated Depreciation of $-5.29 Mil. The current Accumulated Depreciation is $-5.29 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 Presto Automation (PRST), the current Accumulated Depreciation is $-5.29 Mil as of Mar. 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.

Presto Automation Business Description

Address 985 Industrial Road, San Carlos, CA, USA, 94070
Presto Automation Inc overlays next-gen digital solutions onto the physical world. It provides an accurate, next-gen solution that uses artificial intelligence to automate speech recognition for restaurant drive-thru. The Company earns substantially all of its revenue in the United States.