SIRC (Solar Integrated Roofing) Accumulated Depreciation: $-2.17 Mil (As of Sep. 2022)

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What is Solar Integrated Roofing Accumulated Depreciation?

Solar Integrated Roofing SIRC -99.00% Accumulated Depreciation is $-2.17 Mil as of Sep. 2022.

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

Solar Integrated Roofing's quarterly accumulated depreciation declined from Nov. 2010 ($-0.37 Mil) to Sep. 2021 ($0.00 Mil) but then increased from Sep. 2021 ($0.00 Mil) to Sep. 2022 ($-2.17 Mil).

Solar Integrated Roofing's annual accumulated depreciation stayed the same from . 20 ($0.00 Mil) to Feb. 2008 ($0.00 Mil) but then increased from Feb. 2008 ($0.00 Mil) to Feb. 2009 ($-0.48 Mil).

Solar Integrated Roofing Accumulated Depreciation Related Terms

Solar Integrated Roofing Accumulated Depreciation Historical Data

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The historical data trend for Solar Integrated Roofing'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.

Solar Integrated Roofing Accumulated Depreciation Chart

Solar Integrated Roofing Annual Data
Trend Feb08 Feb09
Accumulated Depreciation
0.00 -0.48

Solar Integrated Roofing Quarterly Data
Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Sep21 Sep22
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 0.00 0.00 -0.37 0.00 -2.17

Solar Integrated Roofing 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 $-2.17 Mil mean?
Solar Integrated Roofing (SIRC) has a Accumulated Depreciation of $-2.17 Mil as of Sep. 2022. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Solar Integrated Roofing and its competitors.
Is Solar Integrated Roofing's Accumulated Depreciation too high?
Solar Integrated Roofing's current Accumulated Depreciation is $-2.17 Mil.
How does Solar Integrated Roofing's Accumulated Depreciation compare to YGEHY and BSRC?
Solar Integrated Roofing's Accumulated Depreciation of $-2.17 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Accumulated Depreciation depends on the Semiconductors 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 Solar Integrated Roofing and its competitors. Solar Integrated Roofing's current Accumulated Depreciation is $-2.17 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar Integrated Roofing stock overvalued right now?
Solar Integrated Roofing (SIRC) has a current Accumulated Depreciation of $-2.17 Mil. The current Accumulated Depreciation is $-2.17 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 Solar Integrated Roofing (SIRC), the current Accumulated Depreciation is $-2.17 Mil as of Sep. 2022. 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.

Solar Integrated Roofing Business Description

Address 2831 Saint Rose Parkway, Suite 200, Henderson, NV, USA, 89052
Solar Integrated Roofing Corp is an integrated, single-source solar power, EV (Electric Vehicle) charging, microgrids and roofing systems installation company providing products and services to government, commercial and residential facilities, and properties. The company has segments namely: Solar Residential; Solar Commercial; Roofing Construction; EV Charging; and Supplemental. It derives maximum revenue from Solar Commercial Segment.