Lobo EV Technologies (Lobo EV Technologies) Accumulated Depreciation : $-0.90 Mil (As of Dec. 2023)

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What is Lobo EV Technologies Accumulated Depreciation?

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

Lobo EV Technologies's quarterly accumulated depreciation increased from Dec. 2022 ($-0.67 Mil) to Jun. 2023 ($-0.76 Mil) and increased from Jun. 2023 ($-0.76 Mil) to Dec. 2023 ($-0.90 Mil).

Lobo EV Technologies's annual accumulated depreciation increased from Dec. 2021 ($-0.55 Mil) to Dec. 2022 ($-0.67 Mil) and increased from Dec. 2022 ($-0.67 Mil) to Dec. 2023 ($-0.90 Mil).

Lobo EV Technologies Accumulated Depreciation Historical Data

The historical data trend for Lobo EV Technologies'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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Lobo EV Technologies Accumulated Depreciation Chart

Lobo EV Technologies Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

-0.48

-0.55

-0.67

-0.90

Lobo EV Technologies Quarterly Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accumulated Depreciation	Get a 7-Day Free Trial			-0.55	-0.57	-0.67	-0.76	-0.90

Lobo EV Technologies 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.

Lobo EV Technologies Accumulated Depreciation Related Terms

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Lobo EV Technologies (Lobo EV Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lobo EV Technologies Ltd (NAS:LOBO) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

https://www.loboebike.com

Lobo EV Technologies Ltd is an electric vehicles manufacturer and seller company. It design, develop, manufacture and sell e-bicycles, e-mopeds, e-tricycles, and electric off-highway four-wheeled shuttles such as golf carts and mobility scooters for the elderly and disabled persons, also provide automobile information and entertainment software development and design services to customers. The company operates in two operating segments: Electric vehicles and accessories sales, and software royalties and development and design services.

Lobo EV Technologies (Lobo EV Technologies) Headlines

From GuruFocus

LOBO EV and Biotricity Interviews to Air on the RedChip Small Stocks, Big Money(TM) Show on Bloomberg TV

By ACCESSWIRE • 03-28-2024