Reliance (FRA:RS6) Accumulated Depreciation : €-2,071 Mil (As of Mar. 2024)

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What is Reliance Accumulated Depreciation?

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

Reliance's quarterly accumulated depreciation declined from Sep. 2023 (€-2,069 Mil) to Dec. 2023 (€-2,058 Mil) but then increased from Dec. 2023 (€-2,058 Mil) to Mar. 2024 (€-2,071 Mil).

Reliance's annual accumulated depreciation increased from Dec. 2021 (€-1,725 Mil) to Dec. 2022 (€-1,977 Mil) and increased from Dec. 2022 (€-1,977 Mil) to Dec. 2023 (€-2,058 Mil).

Reliance Accumulated Depreciation Historical Data

The historical data trend for Reliance'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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Reliance Accumulated Depreciation Chart

Reliance Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-1,515.69

-1,492.51

-1,725.49

-1,977.02

-2,058.30

Reliance 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															-1,986.99	-2,000.79	-2,068.71	-2,058.30	-2,071.29

Reliance 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.

Reliance Accumulated Depreciation Related Terms

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Reliance (FRA:RS6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Reliance Inc (FRA:RS6) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

RS:USA RS:Mexico

Address

16100 N. 71st Street, Suite 400, Scottsdale, AZ, USA, 85254

Website

https://www.rsac.com

Reliance Steel & Aluminum Co is a metal service center in the United States, providing metal processing and inventory management services for carbon and stainless steel, aluminum, and alloys. Reliance predominantly supplies the nonresidential construction, automotive, aerospace, energy, transportation, and heavy equipment end markets. Its product offerings comprise alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products.

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