Sovereign Cloud Holdings (ASX:SOV) Accumulated Depreciation : A$0.00 Mil (As of Dec. 2023)

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What is Sovereign Cloud Holdings Accumulated Depreciation?

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

Sovereign Cloud Holdings's quarterly accumulated depreciation increased from Dec. 2022 (A$0.00 Mil) to Jun. 2023 (A$-12.49 Mil) but then stayed the same from Jun. 2023 (A$-12.49 Mil) to Dec. 2023 (A$0.00 Mil).

Sovereign Cloud Holdings's annual accumulated depreciation increased from Jun. 2021 (A$-5.61 Mil) to Jun. 2022 (A$-9.35 Mil) and increased from Jun. 2022 (A$-9.35 Mil) to Jun. 2023 (A$-12.49 Mil).

Sovereign Cloud Holdings Accumulated Depreciation Historical Data

The historical data trend for Sovereign Cloud Holdings'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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Sovereign Cloud Holdings Accumulated Depreciation Chart

Sovereign Cloud Holdings Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Accumulated Depreciation

-5.61

-9.35

-12.49

Sovereign Cloud Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accumulated Depreciation	Get a 7-Day Free Trial			-	-9.35	-	-12.49	-

Sovereign Cloud Holdings 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.

Sovereign Cloud Holdings Accumulated Depreciation Related Terms

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Sovereign Cloud Holdings (ASX:SOV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sovereign Cloud Holdings Ltd (ASX:SOV) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

15-21 Beaconsfield Street, Unit 7, Fyshwick, ACT, AUS, 2609

Website

https://www.australiacloud.com.au

Sovereign Cloud Holdings Ltd provides sovereign cloud services to Australian Governments and critical national industries. It has built a cloud-based platform, which is accredited by Government standards to PROTECTED controls or higher. The platform is available to rent computation cycles and data storage to customers on a pay-as-you-go basis, referred to as Infrastructure as a Service (IaaS).

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