McGrath RentCorp (FRA:MG8) Accumulated Depreciation : €-541.5 Mil (As of Mar. 2024)

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What is McGrath RentCorp Accumulated Depreciation?

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

McGrath RentCorp's quarterly accumulated depreciation increased from Sep. 2023 (€-529.9 Mil) to Dec. 2023 (€-607.9 Mil) but then stayed the same from Dec. 2023 (€-607.9 Mil) to Mar. 2024 (€-541.5 Mil).

McGrath RentCorp's annual accumulated depreciation declined from Dec. 2021 (€-658.9 Mil) to Dec. 2022 (€-581.2 Mil) but then increased from Dec. 2022 (€-581.2 Mil) to Dec. 2023 (€-607.9 Mil).

McGrath RentCorp Accumulated Depreciation Historical Data

The historical data trend for McGrath RentCorp'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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McGrath RentCorp Accumulated Depreciation Chart

McGrath RentCorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-573.50

-562.44

-658.88

-581.19

-607.86

McGrath RentCorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial															-510.54	-510.57	-529.87	-607.86	-541.45

McGrath RentCorp 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.

McGrath RentCorp Accumulated Depreciation Related Terms

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McGrath RentCorp (FRA:MG8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » McGrath RentCorp (FRA:MG8) » Definitions » Accumulated Depreciation

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MGRC:USA

Address

5700 Las Positas Road, Livermore, CA, USA, 94551-7800

Website

https://www.mgrc.com

McGrath RentCorp is a rental company. It is comprised of four reportable business segments: Modular building and portable storage segment (Mobile Modular), Electronic test equipment segment (TRS-RenTelco), Containment solutions for the storage of hazardous and non-hazardous liquids and solids segment (Adler Tanks) and Classroom manufacturing division selling modular classrooms in California (Enviroplex). The company generates its revenues majorily from the rental of its equipment on operating leases with sales of equipment occurring in the normal course of business.

McGrath RentCorp (FRA:MG8) Headlines

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