Groove Botanicals Depreciation & Amortization Growth & History (GRVE)

Groove Botanicals's depreciation and amortization was $32,807 for fiscal 2016.

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Groove Botanicals annual depreciation and amortization history

Groove Botanicals annual depreciation and amortization

Fiscal yearPeriod endedDepreciation and amortizationChangeGrowth
20162017-03-31$32,807−$52,090−61.36%
20152016-03-31$84,897$10,486+14.09%
20142015-03-31$74,411$11,365+18.03%
20132014-03-31$63,046−$13,087−17.19%
20122013-03-31$76,133$6,154+8.79%
20112012-03-31$69,979−$30,890−30.62%
20102011-03-31$100,869

Groove Botanicals depreciation and amortization trends

Over the last five fiscal years, Groove Botanicals's depreciation and amortization decreased from $69,979 to $32,807, a change of −$37,172. The latest reported quarter, Q3 2017, shows $1,631.

About the metric

What depreciation and amortization mean

Depreciation and amortization allocate the cost of tangible and intangible assets over their useful lives. These non-cash expenses reduce reported earnings and are commonly added back when calculating EBITDA and operating cash flow.

Calculation and source

Reported depreciation and amortization

TickerStat uses a combined depreciation and amortization value when reported. If a company reports the two components separately for an aligned period, they are added together without duplicating overlapping facts. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review Groove Botanicals source filings ↗

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