5G Networks (5G Networks) Accumulated Depreciation : $-17.18 Mil (As of Jun. 2023)

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What is 5G Networks Accumulated Depreciation?

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

5G Networks's quarterly accumulated depreciation increased from Dec. 2020 ($0.00 Mil) to Jun. 2022 ($-11.15 Mil) and increased from Jun. 2022 ($-11.15 Mil) to Jun. 2023 ($-17.18 Mil).

5G Networks's annual accumulated depreciation increased from Dec. 2020 ($0.00 Mil) to Jun. 2022 ($-11.15 Mil) and increased from Jun. 2022 ($-11.15 Mil) to Jun. 2023 ($-17.18 Mil).

5G Networks Accumulated Depreciation Historical Data

The historical data trend for 5G Networks'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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5G Networks Accumulated Depreciation Chart

5G Networks Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Jun22

Jun23

Accumulated Depreciation

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-14.23

-19.56

-11.15

-17.18

5G Networks Semi-Annual Data
	Dec02	Dec03	Dec04	Dec05	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Jun22	Jun23
Accumulated Depreciation	Get a 7-Day Free Trial															-14.23	-19.56	-	-11.15	-17.18

5G Networks 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.

5G Networks Accumulated Depreciation Related Terms

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5G Networks (5G Networks) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » 5G Networks Ltd (OTCPK:MLBEF) » Definitions » Accumulated Depreciation

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5GN:Australia

Address

505 Little Collins Street, Level 7, Melbourne, VIC, AUS, 3000

Website

https://www.webcentral.com.au

Webcentral Ltd is an Australia-based digital services company engaged in providing domain management, website development and hosting, office and productivity applications, and online marketing. The company's segment includes Data Centres, Networks and Cloud Applications; Managed Services and Webcentral. It generates maximum revenue from the Webcentral segment, which provides Webcentral domains, email, web hosting and digital marketing business.