RMTHF (Matrix IT) Accumulated Depreciation: $0 Mil (As of Jun. 2026)

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RMTHF Matrix IT Ltd RMTHF
72 GF Score
Price $34.53
GF Value $28.08
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Matrix IT Accumulated Depreciation?

Matrix IT RMTHF +1.34% 72 Accumulated Depreciation is $0 Mil as of Jun. 2026. GuruFocus rates RMTHF with a GF Score™ of 72/100 and a GF Value™ of $28.08 (Modestly Overvalued). The stock has 1 warning sign investors should review.

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

Matrix IT's quarterly accumulated depreciation declined from Dec. 2025 ($-247 Mil) to Mar. 2026 ($0 Mil) but then stayed the same from Mar. 2026 ($0 Mil) to Jun. 2026 ($0 Mil).

Matrix IT's annual accumulated depreciation increased from Dec. 2023 ($-181 Mil) to Dec. 2024 ($-215 Mil) and increased from Dec. 2024 ($-215 Mil) to Dec. 2025 ($-247 Mil).

Matrix IT Accumulated Depreciation Related Terms

Matrix IT Accumulated Depreciation Historical Data

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The historical data trend for Matrix IT'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.

Matrix IT Accumulated Depreciation Chart

Matrix IT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -142.22 -149.28 -180.73 -214.53 -246.71

Matrix IT Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 -246.71 0.00 0.00
RMTHF
72GF Score
Matrix IT Ltd RMTHF
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
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Matrix IT 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 Mil mean?
Matrix IT (RMTHF) has a Accumulated Depreciation of $0 Mil as of Jun. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Matrix IT and its competitors.
Is Matrix IT's Accumulated Depreciation too high?
Matrix IT's current Accumulated Depreciation is $0 Mil. Overall, Matrix IT has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Matrix IT's Accumulated Depreciation compare to IBM and ACN?
Matrix IT's Accumulated Depreciation of $0 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 Matrix IT and its competitors. Matrix IT's current Accumulated Depreciation is $0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matrix IT stock overvalued right now?
Based on GuruFocus' analysis, Matrix IT (RMTHF) is currently considered Modestly Overvalued. The stock's GF Value™ is $28.08, compared to a current price of $34.53 — trading 23% above its estimated fair value. The current Accumulated Depreciation is $0 Mil. Matrix IT's overall GF Score™ is 72/100 with 1 warning sign to review. 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 Matrix IT (RMTHF), the current Accumulated Depreciation is $0 Mil as of Jun. 2026. 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.

Is Matrix IT (RMTHF) Overvalued in 2026?

Based on GuruFocus' analysis, Matrix IT stock appears to be overvalued. The current stock price of $34.53 is trading 23% above its estimated GF Value™ of $28.08. GuruFocus considers Matrix IT to be Modestly Overvalued.

Key valuation signals for RMTHF:

  • Accumulated Depreciation: $0 Mil
  • GF Value™: $28.08 vs. price of $34.53 (23% above fair value)
  • GF Score™: 72/100 with 1 warning sign

No single metric tells the full story. See the RMTHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Matrix IT Business Description

Other Exchanges MTRX:Israel
Address 3 Abba Eban Boulevard, Herzlia Pituach, ISR, 4612001
Matrix IT Ltd is an information technology company. It manages segments such as software solutions and value added services in Israel, software product marketing and support services, computer infrastructure and integration solutions, training and implementation, and software solutions and services in USA. Majority of its revenue is derived from its software solutions and services segment. The company's revenue is generated from its Israel operations.
72GF Score

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Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$34.53
Price
$28.08
GF Value