Roots (TSX:ROOT) Accumulated Depreciation : C$-142.5 Mil (As of Jan. 2024)

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What is Roots Accumulated Depreciation?

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

Roots's quarterly accumulated depreciation stayed the same from Jul. 2023 (C$0.0 Mil) to Oct. 2023 (C$0.0 Mil) but then increased from Oct. 2023 (C$0.0 Mil) to Jan. 2024 (C$-142.5 Mil).

Roots's annual accumulated depreciation increased from Jan. 2022 (C$-88.9 Mil) to Jan. 2023 (C$-115.8 Mil) and increased from Jan. 2023 (C$-115.8 Mil) to Jan. 2024 (C$-142.5 Mil).

Roots Accumulated Depreciation Historical Data

The historical data trend for Roots'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.

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Roots Accumulated Depreciation Chart

Roots Annual Data

Trend

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Accumulated Depreciation

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-75.75

-104.36

-88.95

-115.83

-142.48

Roots Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accumulated Depreciation	Get a 7-Day Free Trial															-115.83	-	-	-	-142.48

Roots 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.

Roots Accumulated Depreciation Related Terms

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Roots (TSX:ROOT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Roots Corp (TSX:ROOT) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

RROTF:USA

Address

1400 Castlefield Avenue, Toronto, ON, CAN, M6B 4C4

Website

https://www.roots.com

Roots Corp provides a portfolio of apparel, leather goods, accessories, and footwear for men, women, and children under the Roots brand. Its merchandise includes genuine leather, such as jackets, bags, and luggage; kids & baby clothing; and leather, linens, towels, and accessories. The company operates through two segments: Direct-To-Consumer, which accounts for the majority of revenue, and Partners & Other. The DTC segment sells products through the company's corporate retail stores and e-commerce. The Partners & Other segment engage in the wholesale of Roots-branded products to the company's international operating partner, and it earns royalties on the retail sales of Roots-branded products. The company has operating stores in Canada, the United States, Taiwan, China, and Hong Kong.