THER (Theralink Technologies) Accumulated Depreciation: $-0.90 Mil (As of Dec. 2023)

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What is Theralink Technologies Accumulated Depreciation?

Theralink Technologies THER -99.00% Accumulated Depreciation is $-0.90 Mil as of Dec. 2023.

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

Theralink Technologies's quarterly accumulated depreciation increased from Jun. 2023 ($-0.78 Mil) to Sep. 2023 ($-0.84 Mil) and increased from Sep. 2023 ($-0.84 Mil) to Dec. 2023 ($-0.90 Mil).

Theralink Technologies's annual accumulated depreciation increased from Sep. 2021 ($-0.40 Mil) to Sep. 2022 ($-0.58 Mil) and increased from Sep. 2022 ($-0.58 Mil) to Sep. 2023 ($-0.84 Mil).

Theralink Technologies Accumulated Depreciation Related Terms

Theralink Technologies Accumulated Depreciation Historical Data

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The historical data trend for Theralink Technologies'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.

Theralink Technologies Accumulated Depreciation Chart

Theralink Technologies Annual Data
Trend Feb14 Feb15 Dec16 Dec17 Dec18 Dec19 Sep20 Sep21 Sep22 Sep23
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 -0.17 -0.40 -0.58 -0.84

Theralink Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.65 -0.71 -0.78 -0.84 -0.90

Theralink Technologies 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 $-0.90 Mil mean?
Theralink Technologies (THER) has a Accumulated Depreciation of $-0.90 Mil as of Dec. 2023. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Theralink Technologies and its competitors.
Is Theralink Technologies' Accumulated Depreciation too high?
Theralink Technologies' current Accumulated Depreciation is $-0.90 Mil.
How does Theralink Technologies' Accumulated Depreciation compare to AXIM and ISCO?
Theralink Technologies' Accumulated Depreciation of $-0.90 Mil can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Accumulated Depreciation depends on the Biotechnology 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 Theralink Technologies and its competitors. Theralink Technologies's current Accumulated Depreciation is $-0.90 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Theralink Technologies stock overvalued right now?
Theralink Technologies (THER) has a current Accumulated Depreciation of $-0.90 Mil. The current Accumulated Depreciation is $-0.90 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 Theralink Technologies (THER), the current Accumulated Depreciation is $-0.90 Mil as of Dec. 2023. 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.

Theralink Technologies Business Description

Address 15000 West 6th Avenue, Suite 400, Golden, CO, USA, 80401
Theralink Technologies Inc is a proteomics-based, precision medicine and molecular profiling company that specializes in patented Reverse Phase Protein Array (RPPA) and protein biomarker assay services that target multiple areas of oncology. The company provides precision oncology data through its Theralink Reverse Phase Protein Array (RPPA) assays to assist the biopharmaceutical industry and clinical oncologists in identifying likely responders and non-responders to both FDA-approved and investigational drug treatments. The firm is currently generating revenue with its multiple biopharma contracts and by testing breast cancer patients with its patented Theralink assay.