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Lotus Technology (Lotus Technology) Accumulated Depreciation : $-66.3 Mil (As of Dec. 2023)


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What is Lotus Technology Accumulated Depreciation?

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

Lotus Technology's quarterly accumulated depreciation increased from Dec. 2022 ($-15.5 Mil) to Jun. 2023 ($-36.4 Mil) and increased from Jun. 2023 ($-36.4 Mil) to Dec. 2023 ($-66.3 Mil).

Lotus Technology's annual accumulated depreciation increased from Dec. 2021 ($-3.0 Mil) to Dec. 2022 ($-15.5 Mil) and increased from Dec. 2022 ($-15.5 Mil) to Dec. 2023 ($-66.3 Mil).

Lotus Technology Accumulated Depreciation Historical Data

The historical data trend for Lotus Technology'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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Lotus Technology Accumulated Depreciation Chart

Lotus Technology Annual Data
Trend Dec21 Dec22 Dec23
Accumulated Depreciation
-2.98 -15.46 -66.26

Lotus Technology Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Accumulated Depreciation -2.98 - -15.46 -36.40 -66.26

Lotus Technology 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.

Lotus Technology Accumulated Depreciation Related Terms

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Lotus Technology (Lotus Technology) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lotus Technology Inc (NAS:LOT) » Definitions » Accumulated Depreciation
Comparable Companies
Traded in Other Exchanges
5EP:Germany
Address
No. 800 Century Avenue, Pudong District, Shanghai, CHN, 200120
Website
https://www.group-lotus.com
Lotus Technology Inc is a battery electric vehicle (BEV) maker that designs, develops, and sells BEV lifestyle vehicles under the Lotus brand. The Group is also a distributor that sells luxury sports cars under the Lotus brand.

Lotus Technology (Lotus Technology) Headlines

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