Tix (TIXC) Accumulated Depreciation: $-2.32 Mil (As of Sep. 2020)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TIXC Tix Corp TIXC
12 GF Score
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What is Tix Accumulated Depreciation?

Tix TIXC 12 Accumulated Depreciation is $-2.32 Mil as of Sep. 2020. GuruFocus rates TIXC with a GF Score™ of 12/100.

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

Tix's quarterly accumulated depreciation declined from Mar. 2020 ($-3.95 Mil) to Jun. 2020 ($-3.93 Mil) but then stayed the same from Jun. 2020 ($-3.93 Mil) to Sep. 2020 ($-2.32 Mil).

Tix's annual accumulated depreciation increased from Dec. 2017 ($-3.70 Mil) to Dec. 2018 ($-3.83 Mil) and increased from Dec. 2018 ($-3.83 Mil) to Dec. 2019 ($-3.94 Mil).

Tix Accumulated Depreciation Related Terms

Tix Accumulated Depreciation Historical Data

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The historical data trend for Tix'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.

Tix Accumulated Depreciation Chart

Tix Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.13 -3.53 -3.70 -3.83 -3.94

Tix Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 -3.92 -3.94 -3.95 -3.93 -2.32
TIXC
12GF Score
Tix Corp TIXC
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
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Tix 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 $-2.32 Mil mean?
Tix (TIXC) has a Accumulated Depreciation of $-2.32 Mil as of Sep. 2020. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Tix and its competitors.
Is Tix's Accumulated Depreciation too high?
Tix's current Accumulated Depreciation is $-2.32 Mil. Overall, Tix has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Tix's Accumulated Depreciation compare to WIZD and TGHI?
Tix's Accumulated Depreciation of $-2.32 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Accumulated Depreciation depends on the Media - Diversified 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 Tix and its competitors. Tix's current Accumulated Depreciation is $-2.32 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tix stock overvalued right now?
Tix (TIXC) has a current Accumulated Depreciation of $-2.32 Mil. The current Accumulated Depreciation is $-2.32 Mil. Tix's overall GF Score™ is 12/100. 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 Tix (TIXC), the current Accumulated Depreciation is $-2.32 Mil as of Sep. 2020. 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.

Tix Business Description

Address 731 Pilot Road, Suite A, Las Vegas, NV, USA, 89119
Tix Corp is an entertainment company. It is engaged in providing discount ticketing and discount dining and shopping products. Through its subsidiaries, the company offers sale discount tickets to Las Vegas shows and discounted dining at various restaurants surrounding the Las Vegas Strip and downtown.
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Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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