ReadCloud (ASX:RCL) Accumulated Depreciation : A$-0.36 Mil (As of Sep. 2023)

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What is ReadCloud Accumulated Depreciation?

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

ReadCloud's quarterly accumulated depreciation declined from Sep. 2022 (A$-0.74 Mil) to Mar. 2023 (A$0.00 Mil) but then increased from Mar. 2023 (A$0.00 Mil) to Sep. 2023 (A$-0.36 Mil).

ReadCloud's annual accumulated depreciation increased from Jun. 2021 (A$-0.49 Mil) to Sep. 2022 (A$-0.74 Mil) but then stayed the same from Sep. 2022 (A$-0.74 Mil) to Sep. 2023 (A$-0.36 Mil).

ReadCloud Accumulated Depreciation Historical Data

The historical data trend for ReadCloud'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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ReadCloud Accumulated Depreciation Chart

ReadCloud Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Sep22

Sep23

Accumulated Depreciation

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-0.14

-0.49

-0.74

-0.36

ReadCloud Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Mar22	Sep22	Mar23	Sep23
Accumulated Depreciation	Get a 7-Day Free Trial						-0.49	-	-0.74	-	-0.36

ReadCloud 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.

ReadCloud Accumulated Depreciation Related Terms

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ReadCloud (ASX:RCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ReadCloud Ltd (ASX:RCL) » Definitions » Accumulated Depreciation

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Traded in Other Exchanges

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Address

126 Church Street, Level 1, Brighton, VIC, AUS, 3186

Website

https://www.readcloud.com

ReadCloud Ltd is an education technology company that offers digital e-learning solutions to secondary schools. The firm operates in two segments: eBook solutions, which is the key revenue driver, and Vocational Education and Training (VET). It provides software solutions, including eBooks, to schools within Australia. In addition, it also provides digital VET course materials and services to schools through its subsidiary Australian Institute of Education and Training Unit Trust, PKY Media Pty Ltd and Ripponlea Institute Pty Ltd, which offers over 40 VET courses and services to schools across Australia.