RMTO (RM2 International) Accumulated Depreciation: $-34.51 Mil (As of Jun. 2020)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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RMTO RM2 International Inc RMTO
16 GF Score
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What is RM2 International Accumulated Depreciation?

RM2 International RMTO -13.20% 16 Accumulated Depreciation is $-34.51 Mil as of Jun. 2020. GuruFocus rates RMTO with a GF Score™ of 16/100.

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

RM2 International's quarterly accumulated depreciation declined from Mar. 2019 ($-38.29 Mil) to Jun. 2019 ($-32.34 Mil) but then increased from Jun. 2019 ($-32.34 Mil) to Jun. 2020 ($-34.51 Mil).

RM2 International's annual accumulated depreciation declined from Jun. 2018 ($-33.38 Mil) to Jun. 2019 ($-32.34 Mil) but then increased from Jun. 2019 ($-32.34 Mil) to Jun. 2020 ($-34.51 Mil).

RM2 International Accumulated Depreciation Related Terms

RM2 International Accumulated Depreciation Historical Data

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The historical data trend for RM2 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.

RM2 International Accumulated Depreciation Chart

RM2 International Annual Data
Trend Dec10 Dec11 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -24.46 -29.55 -33.38 -32.34 -34.51

RM2 International Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Jun20
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 -34.98 -36.75 -38.29 -32.34 -34.51
RMTO
16GF Score
RM2 International Inc RMTO
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
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RM2 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 $-34.51 Mil mean?
RM2 International (RMTO) has a Accumulated Depreciation of $-34.51 Mil as of Jun. 2020. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on RM2 International and its competitors.
Is RM2 International's Accumulated Depreciation too high?
RM2 International's current Accumulated Depreciation is $-34.51 Mil. Overall, RM2 International has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does RM2 International's Accumulated Depreciation compare to SGBX?
RM2 International's Accumulated Depreciation of $-34.51 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Accumulated Depreciation depends on the Industrial Products 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 RM2 International and its competitors. RM2 International's current Accumulated Depreciation is $-34.51 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RM2 International stock overvalued right now?
RM2 International (RMTO) has a current Accumulated Depreciation of $-34.51 Mil. The current Accumulated Depreciation is $-34.51 Mil. RM2 International's overall GF Score™ is 16/100. 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 RM2 International (RMTO), the current Accumulated Depreciation is $-34.51 Mil as of Jun. 2020. 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.

RM2 International Business Description

Address 100 East Pine Street, Suite 110, Orlando, FL, USA, 32801
RM2 International Inc is engaged in providing pallet pooling solutions for supply chains through its BLOCKPal composite pallets. The company focuses on durable, hygienic, and automation-compatible pallets designed for high-volume distribution networks, offering solutions that improve load capacity, stability, safety, and operational efficiency across retail and logistics industries.
16GF 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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