TPTW (TPT Global Tech) Accumulated Depreciation: $-0.08 Mil (As of Sep. 2024)

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.
Reviewed by: Charlie Tian Charlie Tian
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.

What is TPT Global Tech Accumulated Depreciation?

TPT Global Tech TPTW -99.00% Accumulated Depreciation is $-0.08 Mil as of Sep. 2024.

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

TPT Global Tech's quarterly accumulated depreciation stayed the same from Mar. 2024 ($-0.08 Mil) to Jun. 2024 ($-0.08 Mil) and stayed the same from Jun. 2024 ($-0.08 Mil) to Sep. 2024 ($-0.08 Mil).

TPT Global Tech's annual accumulated depreciation declined from Dec. 2021 ($-1.33 Mil) to Dec. 2022 ($-0.08 Mil) but then increased from Dec. 2022 ($-0.08 Mil) to Dec. 2023 ($-0.08 Mil).

TPT Global Tech Accumulated Depreciation Related Terms

TPT Global Tech Accumulated Depreciation Historical Data

* Premium members only.

The historical data trend for TPT Global Tech'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.

TPT Global Tech Accumulated Depreciation Chart

TPT Global Tech Annual Data
Trend Dec05 Dec06 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.25 -0.99 -1.33 -0.08 -0.08

TPT Global Tech Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.08 -0.08 -0.08 -0.08 -0.08

TPT Global Tech 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 $-0.08 Mil mean?
TPT Global Tech (TPTW) has a Accumulated Depreciation of $-0.08 Mil as of Sep. 2024. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on TPT Global Tech and its competitors.
Is TPT Global Tech's Accumulated Depreciation too high?
TPT Global Tech's current Accumulated Depreciation is $-0.08 Mil.
How does TPT Global Tech's Accumulated Depreciation compare to BDRL and MLRT?
TPT Global Tech's Accumulated Depreciation of $-0.08 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Accumulated Depreciation depends on the Hardware 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 TPT Global Tech and its competitors. TPT Global Tech's current Accumulated Depreciation is $-0.08 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPT Global Tech stock overvalued right now?
TPT Global Tech (TPTW) has a current Accumulated Depreciation of $-0.08 Mil. The current Accumulated Depreciation is $-0.08 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 TPT Global Tech (TPTW), the current Accumulated Depreciation is $-0.08 Mil as of Sep. 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.

TPT Global Tech Business Description

Address 501 West Broadway, Suite 800, San Diego, CA, USA, 92101
TPT Global Tech Inc is engaged in the business of distribution of cell phones and telecommunications equipment. The company's operating segment includes TPT SpeedConnect; Blue Collar, and TPT MedTech and QuikLABS. It generates maximum revenue from the TPT SpeedConnect segment. The company offers offer Software as a Service (SaaS), Technology Platform as a Service (PAAS), Cloud-based Unified Communication as a Service (UCaaS) and carrier-grade performance and support for businesses over private IP MPLS fiber and wireless network in the United States. It also operates as a Master distributor for Nationwide Mobile Virtual Network Operators (MVNO) and Independent Sales Organization (ISO).