Magontec (ASX:MGL) Accumulated Depreciation : A$-40.7 Mil (As of Dec. 2023)

View and export this data going back to 1983. Start your Free Trial

What is Magontec Accumulated Depreciation?

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

Magontec's quarterly accumulated depreciation declined from Dec. 2022 (A$-42.6 Mil) to Jun. 2023 (A$0.0 Mil) but then increased from Jun. 2023 (A$0.0 Mil) to Dec. 2023 (A$-40.7 Mil).

Magontec's annual accumulated depreciation increased from Dec. 2021 (A$-40.6 Mil) to Dec. 2022 (A$-42.6 Mil) but then stayed the same from Dec. 2022 (A$-42.6 Mil) to Dec. 2023 (A$-40.7 Mil).

Magontec Accumulated Depreciation Historical Data

The historical data trend for Magontec'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.

* Premium members only.

Magontec Accumulated Depreciation Chart

Magontec Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

Get a 7-Day Free Trial

-36.81

-37.99

-40.65

-42.64

-40.66

Magontec Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accumulated Depreciation	Get a 7-Day Free Trial															-40.65	-	-42.64	-	-40.66

Magontec 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.

Magontec Accumulated Depreciation Related Terms

Thank you for viewing the detailed overview of Magontec's Accumulated Depreciation provided by GuruFocus.com. Please click on the following links to see related term pages.

Magontec (ASX:MGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Magontec Ltd (ASX:MGL) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

46A Macleay Street, Suite 1.03, Potts Point, Sydney, NSW, AUS, 2011

Website

http://www.magontec.com

Magontec Ltd is engaged in the manufacturing and sale of generic and specialist magnesium alloys as well as magnesium and titanium cathodic corrosion protection products. It also researches and develops new proprietary magnesium alloys and technologies. The company's products and services are Primary Mg Alloy, Magnesium Alloy Recycling, and Cathodic Corrosion Protection.

Magontec (ASX:MGL) Headlines

No Headlines