SSMTF (Sensible Meats) Accumulated Depreciation: $-0.01 Mil (As of Aug. 2024)

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What is Sensible Meats Accumulated Depreciation?

Sensible Meats SSMTF Accumulated Depreciation is $-0.01 Mil as of Aug. 2024.

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

Sensible Meats's quarterly accumulated depreciation increased from Feb. 2024 ($-0.01 Mil) to May. 2024 ($-0.01 Mil) but then stayed the same from May. 2024 ($-0.01 Mil) to Aug. 2024 ($-0.01 Mil).

Sensible Meats's annual accumulated depreciation increased from Nov. 2021 ($-0.01 Mil) to Nov. 2022 ($-0.04 Mil) but then stayed the same from Nov. 2022 ($-0.04 Mil) to Nov. 2023 ($-0.01 Mil).

Sensible Meats Accumulated Depreciation Related Terms

Sensible Meats Accumulated Depreciation Historical Data

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The historical data trend for Sensible Meats'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.

Sensible Meats Accumulated Depreciation Chart

Sensible Meats Annual Data
Trend Nov21 Nov22 Nov23
Accumulated Depreciation
-0.01 -0.04 -0.01

Sensible Meats Quarterly Data
Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.05 -0.01 -0.01 -0.01 -0.01

Sensible Meats 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 $-0.01 Mil mean?
Sensible Meats (SSMTF) has a Accumulated Depreciation of $-0.01 Mil as of Aug. 2024. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Sensible Meats and its competitors.
Is Sensible Meats' Accumulated Depreciation too high?
Sensible Meats' current Accumulated Depreciation is $-0.01 Mil.
How does Sensible Meats' Accumulated Depreciation compare to TLCC and AJYG?
Sensible Meats' Accumulated Depreciation of $-0.01 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Accumulated Depreciation depends on the Consumer Packaged Goods 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 Sensible Meats and its competitors. Sensible Meats's current Accumulated Depreciation is $-0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sensible Meats stock overvalued right now?
Sensible Meats (SSMTF) has a current Accumulated Depreciation of $-0.01 Mil. The current Accumulated Depreciation is $-0.01 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 Sensible Meats (SSMTF), the current Accumulated Depreciation is $-0.01 Mil as of Aug. 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.

Sensible Meats Business Description

Address 1450, 789 West Pender Street, Calgary, BC, CAN, V6C 1H2
Sensible Meats Inc is a plant-based food company that has designed and developed plant-based meat food alternatives and intends to distribute and sell its line of plant-based hot dogs. The company's first and primary product is a line of plant-based hotdogs.