K-TIG (ASX:KTG) Accumulated Depreciation : A$-0.75 Mil (As of Jun. 2023)

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What is K-TIG Accumulated Depreciation?

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

K-TIG's quarterly accumulated depreciation declined from Jun. 2022 (A$-0.46 Mil) to Dec. 2022 (A$0.00 Mil) but then increased from Dec. 2022 (A$0.00 Mil) to Jun. 2023 (A$-0.75 Mil).

K-TIG's annual accumulated depreciation declined from Jun. 2021 (A$-0.48 Mil) to Jun. 2022 (A$-0.46 Mil) but then increased from Jun. 2022 (A$-0.46 Mil) to Jun. 2023 (A$-0.75 Mil).

K-TIG Accumulated Depreciation Historical Data

The historical data trend for K-TIG'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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K-TIG Accumulated Depreciation Chart

K-TIG Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accumulated Depreciation

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-0.35

-0.48

-0.46

-0.75

K-TIG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accumulated Depreciation	Get a 7-Day Free Trial															-0.48	-	-0.46	-	-0.75

K-TIG 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.

K-TIG Accumulated Depreciation Related Terms

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K-TIG (ASX:KTG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » K-TIG Ltd (ASX:KTG) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 William Street, Building 5, Mile End, Adelaide, SA, AUS, 5031

Website

https://www.k-tig.com

K-TIG Ltd is a developer and manufacturer of welding technology. The firm serves various fabrication sectors such as vessel, tank, tube & pipe, oil & gas, nuclear, water treatment, defence, and others. Its geographical segments include Australia, the United Kingdom, the United States, South East Asia Pacific (including New Zealand), and the Rest of the World, out of which the majority of the revenue comes from the United States.

K-TIG (ASX:KTG) Headlines

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