Morgan Advanced Materials (CHIX:MGAML) Accumulated Depreciation : £-700 Mil (As of Dec. 2023)

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What is Morgan Advanced Materials Accumulated Depreciation?

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

Morgan Advanced Materials's quarterly accumulated depreciation declined from Dec. 2022 (£-706 Mil) to Jun. 2023 (£-689 Mil) but then increased from Jun. 2023 (£-689 Mil) to Dec. 2023 (£-700 Mil).

Morgan Advanced Materials's annual accumulated depreciation increased from Dec. 2021 (£-629 Mil) to Dec. 2022 (£-706 Mil) but then stayed the same from Dec. 2022 (£-706 Mil) to Dec. 2023 (£-700 Mil).

Morgan Advanced Materials Accumulated Depreciation Historical Data

The historical data trend for Morgan Advanced Materials'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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Morgan Advanced Materials Accumulated Depreciation Chart

Morgan Advanced Materials Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-584.20

-625.80

-628.90

-706.20

-699.70

Morgan Advanced Materials Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accumulated Depreciation	Get a 7-Day Free Trial															-628.90	-684.50	-706.20	-688.60	-699.70

Morgan Advanced Materials 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.

Morgan Advanced Materials Accumulated Depreciation Related Terms

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Morgan Advanced Materials (CHIX:MGAML) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Morgan Advanced Materials PLC (CHIX:MGAMl) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

MCRUF:USA MGAM:UK MGJ:Germany

Address

Sheet Street, York House, Windsor, GBR, SL4 1DD

Website

https://www.morganadvancedmaterials.com

Morgan Advanced Materials PLC is a U.K.-based company that manufactures a wide array of specialized and high-specification materials. The company's product line includes high-temperature insulation products used to reduce energy consumption, electrical carbon, linear and rotary transfer systems used for transferring electrical energy in motor and generator applications, seals and bearings, ceramic cores, piezoelectric sensors and transducers, crucibles, and others. The company's customers come from sectors including healthcare, petrochemical, transportation, electronics, energy, security and defense, and other industrial applications. Morgan Advanced Materials has a global presence, with the United States being the largest markets for the company.

Morgan Advanced Materials (CHIX:MGAML) Headlines

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