Sandvik AB (Sandvik AB) Accumulated Depreciation : $0 Mil (As of Mar. 2024)

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What is Sandvik AB Accumulated Depreciation?

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

Sandvik AB's quarterly accumulated depreciation increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($-3,447 Mil) but then stayed the same from Dec. 2023 ($-3,447 Mil) to Mar. 2024 ($0 Mil).

Sandvik AB's annual accumulated depreciation declined from Dec. 2021 ($-5,281 Mil) to Dec. 2022 ($-3,608 Mil) but then stayed the same from Dec. 2022 ($-3,608 Mil) to Dec. 2023 ($-3,447 Mil).

Sandvik AB Accumulated Depreciation Historical Data

The historical data trend for Sandvik AB'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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Sandvik AB Accumulated Depreciation Chart

Sandvik AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-4,836.42

-5,423.59

-5,281.31

-3,607.63

-3,446.81

Sandvik AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial															-	-	-	-3,446.81	-

Sandvik AB 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.

Sandvik AB Accumulated Depreciation Related Terms

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Sandvik AB (Sandvik AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sandvik AB (OTCPK:SDVKF) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

SDVKY:USA SAND:Sweden SAND:Mexico SANDs:UK 0HC0:UK SVKB:Germany

Address

Kungsbron 1, Section G, Floor 6, Stockholm, SWE, 111 22

Website

https://www.sandvik.com

Sandvik is a manufacturer of specialized tools and mining equipment used predominantly by global mining, engineering, and automotive customers. The company's core operations are in metal cutting and mining equipment. The company has a well-documented history, having been founded in 1862 and listed on the Nordic Exchange in Stockholm in 1901.Europe is the largest contributor to group sales at 27%, followed by North America 25%, Asia 19%, Australia 12%, Africa/Middle East 11%, and South America 6%.