Arqit Quantum (Arqit Quantum) Accumulated Depreciation : $-3.87 Mil (As of Sep. 2023)

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What is Arqit Quantum Accumulated Depreciation?

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

Arqit Quantum's quarterly accumulated depreciation declined from Sep. 2022 ($-1.23 Mil) to Mar. 2023 ($0.00 Mil) but then increased from Mar. 2023 ($0.00 Mil) to Sep. 2023 ($-3.87 Mil).

Arqit Quantum's annual accumulated depreciation increased from Sep. 2021 ($-0.06 Mil) to Sep. 2022 ($-1.23 Mil) and increased from Sep. 2022 ($-1.23 Mil) to Sep. 2023 ($-3.87 Mil).

Arqit Quantum Accumulated Depreciation Historical Data

The historical data trend for Arqit Quantum'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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Arqit Quantum Accumulated Depreciation Chart

Arqit Quantum Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Accumulated Depreciation

-0.01

-0.06

-1.23

-3.87

Arqit Quantum Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accumulated Depreciation	Get a 7-Day Free Trial			-0.06	-	-1.23	-	-3.87

Arqit Quantum 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.

Arqit Quantum Accumulated Depreciation Related Terms

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Arqit Quantum (Arqit Quantum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Arqit Quantum Inc (NAS:ARQQ) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nova North, 11 Bressenden Place, 7th floor, London, GBR, SW1E 5BY

Website

https://www.arqit.uk

Arqit Quantum Inc is a cybersecurity company that has pioneered a symmetric key agreement technology which makes the communications links of any networked device or data at rest secure against current and future forms of cyber attack - even an attack from a quantum computer. Arqit delivers its symmetric key agreement technology via its QuantumCloud. Its product, QuantumCloud, enables any device to download a lightweight software agent, which can create keys in partnership with any other device. The firm operates in one segment that is, the provision of cybersecurity services via satellite and terrestrial platforms. Key revenue comes from the UK.