SPEC (Spectaire Holdings) Accumulated Depreciation: $-0.05 Mil (As of Jun. 2024)

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What is Spectaire Holdings Accumulated Depreciation?

Spectaire Holdings SPEC Accumulated Depreciation is $-0.05 Mil as of Jun. 2024.

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

Spectaire Holdings's quarterly accumulated depreciation increased from Dec. 2023 ($-0.04 Mil) to Mar. 2024 ($-0.04 Mil) and increased from Mar. 2024 ($-0.04 Mil) to Jun. 2024 ($-0.05 Mil).

Spectaire Holdings's annual accumulated depreciation increased from Dec. 2021 ($-0.00 Mil) to Dec. 2022 ($-0.01 Mil) and increased from Dec. 2022 ($-0.01 Mil) to Dec. 2023 ($-0.04 Mil).


Spectaire Holdings Accumulated Depreciation Related Terms


Spectaire Holdings Accumulated Depreciation Historical Data

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The historical data trend for Spectaire Holdings'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.

Spectaire Holdings Accumulated Depreciation Chart

Spectaire Holdings Annual Data
Trend Dec21 Dec22 Dec23
Accumulated Depreciation
-0.00 -0.01 -0.04

Spectaire Holdings Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only 0.00 0.00 -0.04 -0.04 -0.05

Spectaire Holdings 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 $-0.05 Mil mean?
Spectaire Holdings (SPEC) has a Accumulated Depreciation of $-0.05 Mil as of Jun. 2024. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Spectaire Holdings and its competitors.
Is Spectaire Holdings' Accumulated Depreciation too high?
Spectaire Holdings' current Accumulated Depreciation is $-0.05 Mil.
How does Spectaire Holdings' Accumulated Depreciation compare to VLTO and FSS?
Spectaire Holdings' Accumulated Depreciation of $-0.05 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 Spectaire Holdings and its competitors. Spectaire Holdings's current Accumulated Depreciation is $-0.05 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spectaire Holdings stock overvalued right now?
Spectaire Holdings (SPEC) has a current Accumulated Depreciation of $-0.05 Mil. The current Accumulated Depreciation is $-0.05 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 Spectaire Holdings (SPEC), the current Accumulated Depreciation is $-0.05 Mil as of Jun. 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.

Spectaire Holdings Business Description

Address 19 Coolidge Hill Road, Watertown, MA, USA, 02472
Spectaire Holdings Inc is an industrial technology company that allows its customers to measure, manage, and reduce carbon dioxide equivalent and other greenhouse gas emissions. Spectaire's core product offering, AireCore is a fully integrated hardware, software, and data platform.