Argent Industrial (JSE:ART) Accumulated Depreciation : R0 Mil (As of Sep. 2023)

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What is Argent Industrial Accumulated Depreciation?

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

Argent Industrial's quarterly accumulated depreciation increased from Sep. 2022 (R0 Mil) to Mar. 2023 (R-241 Mil) but then stayed the same from Mar. 2023 (R-241 Mil) to Sep. 2023 (R0 Mil).

Argent Industrial's annual accumulated depreciation increased from Mar. 2021 (R-191 Mil) to Mar. 2022 (R-219 Mil) and increased from Mar. 2022 (R-219 Mil) to Mar. 2023 (R-241 Mil).

Argent Industrial Accumulated Depreciation Historical Data

The historical data trend for Argent Industrial'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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Argent Industrial Accumulated Depreciation Chart

Argent Industrial Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accumulated Depreciation

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-213.74

-191.96

-190.98

-218.80

-240.80

Argent Industrial Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accumulated Depreciation	Get a 7-Day Free Trial															-	-218.80	-	-240.80	-

Argent Industrial 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.

Argent Industrial Accumulated Depreciation Related Terms

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Argent Industrial (JSE:ART) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Argent Industrial Ltd (JSE:ART) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

First Floor, Ridge 63, 8 Sinembe Crescent, Sinembe Park, PO Box 5108, La Lucia Ridge Office Estate, Durban, NL, ZAF, 4019

Website

https://www.argent.co.za

Argent Industrial Ltd is a holding company that derives its income from the manufacturing and trading of steel and steel-related products, and properties. The company is organized into three operating divisions, namely Manufacturing, Steel trading, and Properties. The Manufacturing segment consists of manufacturing branded consumer goods. The steel trading segment makes up of ferrous steel, aluminum, and stainless steel products. Steel products are also traded internally to the group manufacturing businesses. The group charges rent for the properties. The company generates a majority of its revenue from manufacturing businesses. Geographically, it derives a majority of its revenue from South Africa and has a presence in the rest of the world.

Argent Industrial (JSE:ART) Headlines

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