Nexen Tire (XKRX:002350) Accumulated Depreciation : ₩0 Mil (As of Mar. 2024)

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What is Nexen Tire Accumulated Depreciation?

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

Nexen Tire's quarterly accumulated depreciation increased from Sep. 2023 (₩0 Mil) to Dec. 2023 (₩-2,056,836 Mil) but then stayed the same from Dec. 2023 (₩-2,056,836 Mil) to Mar. 2024 (₩0 Mil).

Nexen Tire's annual accumulated depreciation increased from Dec. 2021 (₩-1,726,154 Mil) to Dec. 2022 (₩-1,887,160 Mil) and increased from Dec. 2022 (₩-1,887,160 Mil) to Dec. 2023 (₩-2,056,836 Mil).

Nexen Tire Accumulated Depreciation Historical Data

The historical data trend for Nexen Tire'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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Nexen Tire Accumulated Depreciation Chart

Nexen Tire Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-1,341,320.15

-1,512,506.89

-1,726,154.41

-1,887,159.84

-2,056,836.20

Nexen Tire 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															-	-	-	-2,056,836.20	-

Nexen Tire 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.

Nexen Tire Accumulated Depreciation Related Terms

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Nexen Tire (XKRX:002350) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Nexen Tire Corp (XKRX:002350) » Definitions » Accumulated Depreciation

Traded in Other Exchanges

002355:Korea

Address

355, Chungryeol-ro, Gyeongsangnam-do, Yangsan-si, KOR

Website

http://www.nexentire.com

Nexen Tire Corp manufactures, markets and exports tires. The firm has divided its business in the passenger car, SUV, Van and light truck, Global OE, Solid tire and Tube and Flap and all seasons divisions. The company has manufacturing facilities in Korea and China and has research and development facilities in the U.S., China, and Germany.

Nexen Tire (XKRX:002350) Headlines

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