Legg Mason (Legg Mason) Accumulated Depreciation : $-515 Mil (As of Jun. 2020)

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What is Legg Mason Accumulated Depreciation?

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

Legg Mason's quarterly accumulated depreciation increased from Dec. 2019 ($-513 Mil) to Mar. 2020 ($-517 Mil) but then stayed the same from Mar. 2020 ($-517 Mil) to Jun. 2020 ($-515 Mil).

Legg Mason's annual accumulated depreciation declined from Mar. 2018 ($-557 Mil) to Mar. 2019 ($-492 Mil) but then increased from Mar. 2019 ($-492 Mil) to Mar. 2020 ($-517 Mil).

Legg Mason Accumulated Depreciation Historical Data

The historical data trend for Legg Mason'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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Legg Mason Accumulated Depreciation Chart

Legg Mason Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Accumulated Depreciation

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-480.15

-508.93

-556.80

-492.12

-517.41

Legg Mason Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Accumulated Depreciation	Get a 7-Day Free Trial															-503.45	-510.49	-513.50	-517.41	-515.34

Legg Mason 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.

Legg Mason Accumulated Depreciation Related Terms

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Legg Mason (Legg Mason) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Legg Mason Inc (NYSE:LM) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 International Drive, Baltimore, MD, USA, 21202-1099

Website

https://www.leggmason.com

Legg Mason provides investment management services for institutional and individual investors. The firm had $783.4 billion in managed assets at the end of June, spread among its equity (25% of total AUM), fixed-income (57%), alternatives (9%), and money market (9%) investment platforms. Legg Mason uses a multiaffiliate business model, with its single- largest affiliate, Western Asset Management, accounting for more than 60% of managed assets. Other major affiliates include ClearBridge Investments (more than 15% of AUM), Brandywine (less than 10%), and Clarion Partners (less than 10%). The remaining affiliates--Martin Currie, Royce & Associates, EnTrustPermal, QS Investors, and RARE Infrastructure--each account for 2% or less of Legg Mason's managed assets.