UTRS (Minerva Surgical) Accumulated Depreciation: $-11.08 Mil (As of Sep. 2023)

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What is Minerva Surgical Accumulated Depreciation?

Minerva Surgical UTRS Accumulated Depreciation is $-11.08 Mil as of Sep. 2023.

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

Minerva Surgical's quarterly accumulated depreciation increased from Mar. 2023 ($-10.62 Mil) to Jun. 2023 ($-10.91 Mil) and increased from Jun. 2023 ($-10.91 Mil) to Sep. 2023 ($-11.08 Mil).

Minerva Surgical's annual accumulated depreciation increased from Dec. 2020 ($-7.78 Mil) to Dec. 2021 ($-9.32 Mil) and increased from Dec. 2021 ($-9.32 Mil) to Dec. 2022 ($-10.43 Mil).

Minerva Surgical Accumulated Depreciation Related Terms

Minerva Surgical Accumulated Depreciation Historical Data

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The historical data trend for Minerva Surgical'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.

Minerva Surgical Accumulated Depreciation Chart

Minerva Surgical Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Accumulated Depreciation
-7.46 -7.78 -9.32 -10.43

Minerva Surgical Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -10.17 -10.43 -10.62 -10.91 -11.08

Minerva Surgical 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 $-11.08 Mil mean?
Minerva Surgical (UTRS) has a Accumulated Depreciation of $-11.08 Mil as of Sep. 2023. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Minerva Surgical and its competitors.
Is Minerva Surgical's Accumulated Depreciation too high?
Minerva Surgical's current Accumulated Depreciation is $-11.08 Mil.
How does Minerva Surgical's Accumulated Depreciation compare to PAVM and ELUT?
Minerva Surgical's Accumulated Depreciation of $-11.08 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Accumulated Depreciation depends on the Medical Devices & Instruments 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 Minerva Surgical and its competitors. Minerva Surgical's current Accumulated Depreciation is $-11.08 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minerva Surgical stock overvalued right now?
Minerva Surgical (UTRS) has a current Accumulated Depreciation of $-11.08 Mil. The current Accumulated Depreciation is $-11.08 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 Minerva Surgical (UTRS), the current Accumulated Depreciation is $-11.08 Mil as of Sep. 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.

Minerva Surgical Business Description

Address 4255 Burton Drive, Santa Clara, CA, USA, 95054
Minerva Surgical Inc is a medical device company that develops therapeutic devices that treat abnormal uterine bleeding in a minimally invasive manner. The Company operates and manages its business as one reportable and operating segment, which is the business of research, development, and sale of therapeutic devices for abnormal uterine bleeding treatment.