WAYS (Wave Sync) Accumulated Depreciation: $-1.39 Mil (As of Mar. 2022)

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.

WAYS Wave Sync Corp WAYS
12 GF Score
Price $4.48
View Full Analysis

What is Wave Sync Accumulated Depreciation?

Wave Sync WAYS 12 Accumulated Depreciation is $-1.39 Mil as of Mar. 2022. GuruFocus rates WAYS with a GF Score™ of 12/100.

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

Wave Sync's quarterly accumulated depreciation increased from Sep. 2021 ($-0.04 Mil) to Dec. 2021 ($-1.28 Mil) and increased from Dec. 2021 ($-1.28 Mil) to Mar. 2022 ($-1.39 Mil).

Wave Sync's annual accumulated depreciation stayed the same from Dec. 2019 ($-0.03 Mil) to Dec. 2020 ($-0.03 Mil) but then increased from Dec. 2020 ($-0.03 Mil) to Dec. 2021 ($-1.28 Mil).

Wave Sync Accumulated Depreciation Related Terms

Wave Sync Accumulated Depreciation Historical Data

* Premium members only.

The historical data trend for Wave Sync'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.

Wave Sync Accumulated Depreciation Chart

Wave Sync Annual Data
Trend Jun09 Jun10 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 -0.03 -0.03 -0.03 -1.28

Wave Sync Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 -0.03 -0.04 -1.28 -1.39
WAYS
12GF Score
Wave Sync Corp WAYS
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wave Sync 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 $-1.39 Mil mean?
Wave Sync (WAYS) has a Accumulated Depreciation of $-1.39 Mil as of Mar. 2022. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Wave Sync and its competitors.
Is Wave Sync's Accumulated Depreciation too high?
Wave Sync's current Accumulated Depreciation is $-1.39 Mil. Overall, Wave Sync has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Wave Sync's Accumulated Depreciation compare to GWII and CNTQ?
Wave Sync's Accumulated Depreciation of $-1.39 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Accumulated Depreciation depends on the Diversified Financial Services 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 Wave Sync and its competitors. Wave Sync's current Accumulated Depreciation is $-1.39 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wave Sync stock overvalued right now?
Wave Sync (WAYS) has a current Accumulated Depreciation of $-1.39 Mil. The current Accumulated Depreciation is $-1.39 Mil. Wave Sync's overall GF Score™ is 12/100. 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 Wave Sync (WAYS), the current Accumulated Depreciation is $-1.39 Mil as of Mar. 2022. 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.

Wave Sync Business Description

Address 19 West 44th Street, Suite 1001, New York, NY, USA, 10036
Wave Sync Corp is a shell company.
12GF Score

Get the complete analysis for WAYS

Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.48
Price