VSOLF (Three Sixty Solar) Accumulated Depreciation: $-0.23 Mil (As of Jun. 2024)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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What is Three Sixty Solar Accumulated Depreciation?

Three Sixty Solar VSOLF -99.99% Accumulated Depreciation is $-0.23 Mil as of Jun. 2024.

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

Three Sixty Solar's quarterly accumulated depreciation increased from Dec. 2023 ($-0.20 Mil) to Mar. 2024 ($-0.21 Mil) and increased from Mar. 2024 ($-0.21 Mil) to Jun. 2024 ($-0.23 Mil).

Three Sixty Solar's annual accumulated depreciation declined from Dec. 2021 ($-0.24 Mil) to Sep. 2022 ($-0.02 Mil) but then increased from Sep. 2022 ($-0.02 Mil) to Sep. 2023 ($-0.17 Mil).

Three Sixty Solar Accumulated Depreciation Related Terms

Three Sixty Solar Accumulated Depreciation Historical Data

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The historical data trend for Three Sixty Solar'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.

Three Sixty Solar Accumulated Depreciation Chart

Three Sixty Solar Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Sep22 Sep23
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.09 -0.17 -0.24 -0.02 -0.17

Three Sixty Solar Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -0.15 -0.17 -0.20 -0.21 -0.23

Three Sixty Solar 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 $-0.23 Mil mean?
Three Sixty Solar (VSOLF) has a Accumulated Depreciation of $-0.23 Mil as of Jun. 2024. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Three Sixty Solar and its competitors.
Is Three Sixty Solar's Accumulated Depreciation too high?
Three Sixty Solar's current Accumulated Depreciation is $-0.23 Mil.
How does Three Sixty Solar's Accumulated Depreciation compare to FSLR and NXT?
Three Sixty Solar's Accumulated Depreciation of $-0.23 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Accumulated Depreciation depends on the Semiconductors 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 Three Sixty Solar and its competitors. Three Sixty Solar's current Accumulated Depreciation is $-0.23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Three Sixty Solar stock overvalued right now?
Three Sixty Solar (VSOLF) has a current Accumulated Depreciation of $-0.23 Mil. The current Accumulated Depreciation is $-0.23 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 Three Sixty Solar (VSOLF), the current Accumulated Depreciation is $-0.23 Mil as of Jun. 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.

Three Sixty Solar Business Description

Address 408 - 55 Water Street, Office 8312, Vancouver, BC, CAN, V6B 1A1
Three Sixty Solar Ltd is engaged in designing and developing vertical solar towers to provide a range of energy solutions for small commercial projects up to large utility-scale solar farms.