Localiza Rent A Car (Localiza Rent A Car) Accumulated Depreciation : $0 Mil (As of Mar. 2024)

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What is Localiza Rent A Car Accumulated Depreciation?

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

Localiza Rent A Car's quarterly accumulated depreciation increased from Sep. 2023 ($-1,158 Mil) to Dec. 2023 ($-1,225 Mil) but then stayed the same from Dec. 2023 ($-1,225 Mil) to Mar. 2024 ($0 Mil).

Localiza Rent A Car's annual accumulated depreciation increased from Dec. 2021 ($-222 Mil) to Dec. 2022 ($-627 Mil) and increased from Dec. 2022 ($-627 Mil) to Dec. 2023 ($-1,225 Mil).

Localiza Rent A Car Accumulated Depreciation Historical Data

The historical data trend for Localiza Rent A Car'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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Localiza Rent A Car Accumulated Depreciation Chart

Localiza Rent A Car Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-228.84

-218.80

-222.01

-627.35

-1,225.46

Localiza Rent A Car 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															-	-	-1,157.55	-1,225.46	-

Localiza Rent A Car 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.

Localiza Rent A Car Accumulated Depreciation Related Terms

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Localiza Rent A Car (Localiza Rent A Car) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Localiza Rent A Car SA (OTCPK:LZRFY) » Definitions » Accumulated Depreciation

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Traded in Other Exchanges

RENT3:Brazil

Address

Avenida Bernardo Vasconcelo, No 377 - Cachoeirinha, Belo Horizonte, MG, BRA, 31150-900

Website

https://www.localiza.com

Localiza Rent A Car SA is a car rental service provider with the majority of its operations in Brazil. Through its subsidiaries, the company rents cars to individuals, manages corporate car fleets, sells its fleet to the general public, and offers a franchise model. Franchisees account for roughly half of Localize's car rental locations, while the majority of cars accessible with Localize are owned by the company. The fleet rental division has long-term agreements with companies that come up for renewal roughly every two to three years. The car rental segment delivers three-quarters of yearly revenue, and fleet rental makes up the rest, with an insignificant share contributed by the franchise management division.

Localiza Rent A Car (Localiza Rent A Car) Headlines

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