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Telefonaktiebolaget L M Ericsson (Telefonaktiebolaget L M Ericsson) Accumulated Depreciation : $0 Mil (As of Mar. 2024)


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What is Telefonaktiebolaget L M Ericsson Accumulated Depreciation?

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

Telefonaktiebolaget L M Ericsson's quarterly accumulated depreciation increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($-4,652 Mil) but then stayed the same from Dec. 2023 ($-4,652 Mil) to Mar. 2024 ($0 Mil).

Telefonaktiebolaget L M Ericsson's annual accumulated depreciation increased from Dec. 2021 ($-4,312 Mil) to Dec. 2022 ($-4,359 Mil) and increased from Dec. 2022 ($-4,359 Mil) to Dec. 2023 ($-4,652 Mil).


Telefonaktiebolaget L M Ericsson Accumulated Depreciation Historical Data

The historical data trend for Telefonaktiebolaget L M Ericsson'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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Telefonaktiebolaget L M Ericsson Accumulated Depreciation Chart

Telefonaktiebolaget L M Ericsson Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3,310.08 -4,127.66 -4,311.85 -4,358.74 -4,651.67

Telefonaktiebolaget L M Ericsson 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - -4,651.67 -

Telefonaktiebolaget L M Ericsson 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.


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Telefonaktiebolaget L M Ericsson (Telefonaktiebolaget L M Ericsson) Business Description

Address
Torshamnsgatan 21, Kista, Stockholm, SWE, SE-164 83
Ericsson provides telecom equipment and services that are primarily used to build and facilitate mobile networks through operations in three segments: networks, cloud and software services, and enterprises. The firm's customers have historically been primarily wireless carriers, but the firm is making a push to cater more to other enterprises as well, both as they try to take advantage of 5G capabilities and on other "as-a-service" communications platforms. The company also licenses its patents to handset manufacturers so their devices are compatible with wireless networks.