Schmitt Industries (STU:SI1A) Accumulated Depreciation : €-1.11 Mil (As of May. 2022)

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What is Schmitt Industries Accumulated Depreciation?

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

Schmitt Industries's quarterly accumulated depreciation increased from Nov. 2021 (€-0.87 Mil) to Feb. 2022 (€-0.94 Mil) and increased from Feb. 2022 (€-0.94 Mil) to May. 2022 (€-1.11 Mil).

Schmitt Industries's annual accumulated depreciation increased from May. 2020 (€-1.73 Mil) to May. 2021 (€-1.74 Mil) but then stayed the same from May. 2021 (€-1.74 Mil) to May. 2022 (€-1.11 Mil).

Schmitt Industries Accumulated Depreciation Historical Data

The historical data trend for Schmitt Industries'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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Schmitt Industries Accumulated Depreciation Chart

Schmitt Industries Annual Data

Trend

May13

May14

May15

May16

May17

May18

May19

May20

May21

May22

Accumulated Depreciation

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-2.23

-1.66

-1.73

-1.74

-1.11

Schmitt Industries Quarterly Data
	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22
Accumulated Depreciation	Get a 7-Day Free Trial															-1.74	-1.89	-0.87	-0.94	-1.11

Schmitt Industries 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.

Schmitt Industries Accumulated Depreciation Related Terms

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Schmitt Industries (STU:SI1A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Schmitt Industries Inc (STU:SI1A) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

2765 North West Nicolai Street, Portland, OR, USA, 97210

Website

https://www.schmittindustries.com

Schmitt Industries Inc is engaged in propane tank monitoring solutions, precision measurement solutions, and ice cream production and distribution. The Company operates as two reportable segments: the Measurement Segment and the Ice Cream Segment. Xact product line includes satellite-focused remote tank monitoring products and related monitoring services for markets in the IoT environment. The Company also manufactures, wholesales, and retails ice cream and related products.

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