NWTN (NWTN) Accumulated Depreciation : $-0.25 Mil (As of Jun. 2023)

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What is NWTN Accumulated Depreciation?

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

NWTN's quarterly accumulated depreciation increased from Jun. 2022 ($-0.04 Mil) to Dec. 2022 ($-0.08 Mil) and increased from Dec. 2022 ($-0.08 Mil) to Jun. 2023 ($-0.25 Mil).

NWTN's annual accumulated depreciation increased from Dec. 2020 ($-0.02 Mil) to Dec. 2021 ($-0.04 Mil) and increased from Dec. 2021 ($-0.04 Mil) to Dec. 2022 ($-0.08 Mil).

NWTN Accumulated Depreciation Historical Data

The historical data trend for NWTN'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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NWTN Accumulated Depreciation Chart

NWTN Annual Data

Trend

Dec20

Dec21

Dec22

Accumulated Depreciation

-0.02

-0.04

-0.08

NWTN Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accumulated Depreciation	Get a 7-Day Free Trial			-	-0.04	-0.04	-0.08	-0.25

NWTN 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.

NWTN Accumulated Depreciation Related Terms

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NWTN (NWTN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » NWTN Inc (NAS:NWTN) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Office 114-117, Floor 1, Building A1, Dubai Digital Park, Dubai Silicon Oasis, Dubai, ARE

Website

https://www.nwtnmotors.com

NWTN Inc is a pioneering smart electric vehicle company which aims to integrate avant-garde design, life-style personalization, IoT connectivity, and autonomous driving technology into a passenger-centric green premium mobility solution to the world.