SofTech (SofTech) Accumulated Depreciation : $-0.63 Mil (As of Nov. 2016)

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What is SofTech Accumulated Depreciation?

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

SofTech's quarterly accumulated depreciation increased from May. 2016 ($-1.08 Mil) to Aug. 2016 ($-1.09 Mil) but then stayed the same from Aug. 2016 ($-1.09 Mil) to Nov. 2016 ($-0.63 Mil).

SofTech's annual accumulated depreciation increased from May. 2014 ($0.00 Mil) to May. 2015 ($-1.04 Mil) and increased from May. 2015 ($-1.04 Mil) to May. 2016 ($-1.08 Mil).

SofTech Accumulated Depreciation Historical Data

The historical data trend for SofTech'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.

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SofTech Accumulated Depreciation Chart

SofTech Annual Data

Trend

May06

May07

May08

May09

May11

May12

May13

May14

May15

May16

Accumulated Depreciation

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-1.04

-1.08

SofTech Quarterly Data
	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16
Accumulated Depreciation	Get a 7-Day Free Trial															-	-	-1.08	-1.09	-0.63

SofTech 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.

SofTech Accumulated Depreciation Related Terms

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SofTech (SofTech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SofTech Inc (OTCPK:SOFT) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

650 Suffolk Street, Suite 415, Lowell, MA, USA, 01854

Website

http://www.softech.com

SofTech Inc is engaged in the development, marketing, distribution and support of computer software solutions that enable companies to manage the lifecycle of their products from conception through design and manufacture, to service and disposal. The company's service offerings include consulting, training and discrete engineering services. These solutions include software technology offerings for computer-aided design, and product data management and collaboration technologies. In addition, the company offers a technology platform that allows data exchange between various third-party technology offerings known as the company's connector offering.

Executives

Joseph Patrick Daly	10 percent owner	497 CIRCLE FREEWAY, CINCINNATI OH 45246
J Phillip Cooper	director

SofTech (SofTech) Headlines

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