Xos (FRA:9KR0) Accumulated Depreciation : €-8.32 Mil (As of Mar. 2024)

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What is Xos Accumulated Depreciation?

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

Xos's quarterly accumulated depreciation increased from Sep. 2023 (€-6.54 Mil) to Dec. 2023 (€-7.34 Mil) and increased from Dec. 2023 (€-7.34 Mil) to Mar. 2024 (€-8.32 Mil).

Xos's annual accumulated depreciation increased from Dec. 2021 (€-1.30 Mil) to Dec. 2022 (€-4.22 Mil) and increased from Dec. 2022 (€-4.22 Mil) to Dec. 2023 (€-7.34 Mil).

Xos Accumulated Depreciation Historical Data

The historical data trend for Xos'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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Xos Accumulated Depreciation Chart

Xos Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

-0.56

-1.30

-4.22

-7.34

Xos Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial										-5.19	-5.51	-6.54	-7.34	-8.32

Xos 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.

Xos Accumulated Depreciation Related Terms

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Xos (FRA:9KR0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Xos Inc (FRA:9KR0) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

XOS:USA

Address

3550 Tyburn Street, Unit 100, Los Angeles, CA, USA, 90065

Website

https://www.xostrucks.com

Xos Inc is an electric mobility company. It designs and develops fully electric battery mobility systems specifically for commercial fleets. The company's primary focus is on medium- and heavy-duty commercial vehicles that travel on last mile routes. The company leverages its proprietary technologies to provide commercial fleets zero emission vehicles that are easier to maintain and more cost-efficient on a total cost of ownership basis than internal combustion engine and commercial EV counterparts.

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