VMRI (Valmie Resources) Accumulated Depreciation: $-0.01 Mil (As of Feb. 2017)

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What is Valmie Resources Accumulated Depreciation?

Valmie Resources VMRI -99.00% Accumulated Depreciation is $-0.01 Mil as of Feb. 2017.

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

Valmie Resources's quarterly accumulated depreciation stayed the same from Aug. 2016 ($0.00 Mil) to Nov. 2016 ($0.00 Mil) but then increased from Nov. 2016 ($0.00 Mil) to Feb. 2017 ($-0.01 Mil).

Valmie Resources Accumulated Depreciation Related Terms

Valmie Resources Accumulated Depreciation Historical Data

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The historical data trend for Valmie Resources'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.

Valmie Resources Accumulated Depreciation Chart

Valmie Resources Annual Data
Trend Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Accumulated Depreciation
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Valmie Resources Quarterly Data
May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17
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 0.00 0.00 0.00 0.00 -0.01

Valmie Resources 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 $-0.01 Mil mean?
Valmie Resources (VMRI) has a Accumulated Depreciation of $-0.01 Mil as of Feb. 2017. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Valmie Resources and its competitors.
Is Valmie Resources' Accumulated Depreciation too high?
Valmie Resources' current Accumulated Depreciation is $-0.01 Mil.
How does Valmie Resources' Accumulated Depreciation compare to CRTG and SFIV?
Valmie Resources' Accumulated Depreciation of $-0.01 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 Valmie Resources and its competitors. Valmie Resources's current Accumulated Depreciation is $-0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valmie Resources stock overvalued right now?
Valmie Resources (VMRI) has a current Accumulated Depreciation of $-0.01 Mil. The current Accumulated Depreciation is $-0.01 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 Valmie Resources (VMRI), the current Accumulated Depreciation is $-0.01 Mil as of Feb. 2017. 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.

Valmie Resources Business Description

Address 1001 S Dairy Ashford Road, Suite 100, Houston, TX, USA, 77077
Valmie Resources Inc is engaged in the commercialization of products and services in the technology industry. The company focuses on unmanned aerial vehicle software, hardware and cloud services for commercial applications.