Hybrid Power Solutions (XCNQ:HPSS) Accumulated Depreciation : C$-0.17 Mil (As of Feb. 2024)

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What is Hybrid Power Solutions Accumulated Depreciation?

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

Hybrid Power Solutions's quarterly accumulated depreciation increased from Aug. 2023 (C$-0.14 Mil) to Nov. 2023 (C$-0.21 Mil) but then stayed the same from Nov. 2023 (C$-0.21 Mil) to Feb. 2024 (C$-0.17 Mil).

Hybrid Power Solutions's annual accumulated depreciation increased from May. 2021 (C$-0.06 Mil) to May. 2022 (C$-0.11 Mil) and increased from May. 2022 (C$-0.11 Mil) to May. 2023 (C$-0.17 Mil).

Hybrid Power Solutions Accumulated Depreciation Historical Data

The historical data trend for Hybrid Power Solutions'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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Hybrid Power Solutions Accumulated Depreciation Chart

Hybrid Power Solutions Annual Data

Trend

May21

May22

May23

Accumulated Depreciation

-0.06

-0.11

-0.17

Hybrid Power Solutions Quarterly Data
	May21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accumulated Depreciation	Get a 7-Day Free Trial					-0.16	-0.17	-0.14	-0.21	-0.17

Hybrid Power Solutions 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.

Hybrid Power Solutions Accumulated Depreciation Related Terms

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Hybrid Power Solutions (XCNQ:HPSS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hybrid Power Solutions Inc (XCNQ:HPSS) » Definitions » Accumulated Depreciation

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Traded in Other Exchanges

E092:Germany

Address

333 Terminal Avenue, Suite 208, Vancouver, BC, CAN, V6A 4C1

Website

https://www.hybridps.ca

Hybrid Power Solutions Inc is a Canadian clean energy company specializing in producing, developing, and installing direct-to-consumer clean technology products such as portable power packs and stationary energy storage. It mainly designs and manufactures patent-pending portable battery systems and customized energy solutions for a variety of industrial markets, including the mining, railway, public transit, and construction sectors. It also has a franchise network of solar power installers that operate under the Company's trademark and offer the sale and installation of the Company's products. Geographically, the company operates in Canada which is the key revenue generating market, and the United States.

Hybrid Power Solutions (XCNQ:HPSS) Headlines

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