THBD (Third Bench) Accumulated Depreciation: $-2.02 Mil (As of May. 2024)

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What is Third Bench Accumulated Depreciation?

Third Bench THBD Accumulated Depreciation is $-2.02 Mil as of May. 2024.

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

Third Bench's quarterly accumulated depreciation increased from May. 2022 ($0.00 Mil) to May. 2023 ($-1.73 Mil) and increased from May. 2023 ($-1.73 Mil) to May. 2024 ($-2.02 Mil).

Third Bench Accumulated Depreciation Related Terms

Third Bench Accumulated Depreciation Historical Data

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The historical data trend for Third Bench'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.

Third Bench Accumulated Depreciation Chart

Third Bench Annual Data
Trend Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Third Bench Quarterly Data
Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Aug14 Aug15 May22 May23 May24
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 0.00 0.00 0.00 -1.73 -2.02

Third Bench 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 $-2.02 Mil mean?
Third Bench (THBD) has a Accumulated Depreciation of $-2.02 Mil as of May. 2024. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Third Bench and its competitors.
Is Third Bench's Accumulated Depreciation too high?
Third Bench's current Accumulated Depreciation is $-2.02 Mil.
How does Third Bench's Accumulated Depreciation compare to SGI and SN?
Third Bench's Accumulated Depreciation of $-2.02 Mil can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Accumulated Depreciation depends on the Furnishings, Fixtures & Appliances 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 Third Bench and its competitors. Third Bench's current Accumulated Depreciation is $-2.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Third Bench stock overvalued right now?
Third Bench (THBD) has a current Accumulated Depreciation of $-2.02 Mil. The current Accumulated Depreciation is $-2.02 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 Third Bench (THBD), the current Accumulated Depreciation is $-2.02 Mil as of May. 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.

Third Bench Business Description

Address 710 North Post Oak, Suite 206, Houston, TX, USA, 77024
Third Bench Inc is a holding company. The company, along with its subsidiaries, offers products in categories: Residential Cabinets and countertops and commercial millwork throughout the Western U.S. for customers from California to Texas. It also provides installation services as a part of its vertical offering. Additionally, the company provides its products and services through its architectural millwork and retail facilities, located in Albuquerque and Las Cruces, New Mexico and Tucson, Arizona.