Nerds On Site (XCNQ:NERD) Accumulated Depreciation : C$-0.70 Mil (As of Feb. 2024)

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What is Nerds On Site Accumulated Depreciation?

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

Nerds On Site's quarterly accumulated depreciation declined from Aug. 2023 (C$-0.72 Mil) to Nov. 2023 (C$-0.70 Mil) but then stayed the same from Nov. 2023 (C$-0.70 Mil) to Feb. 2024 (C$-0.70 Mil).

Nerds On Site's annual accumulated depreciation increased from May. 2021 (C$-0.59 Mil) to May. 2022 (C$-0.67 Mil) and increased from May. 2022 (C$-0.67 Mil) to May. 2023 (C$-0.70 Mil).

Nerds On Site Accumulated Depreciation Historical Data

The historical data trend for Nerds On Site'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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Nerds On Site Accumulated Depreciation Chart

Nerds On Site Annual Data

Trend

May16

May17

May18

May19

May20

May21

May22

May23

Accumulated Depreciation

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-0.41

-0.48

-0.59

-0.67

-0.70

Nerds On Site Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accumulated Depreciation	Get a 7-Day Free Trial															-0.68	-0.70	-0.72	-0.70	-0.70

Nerds On Site 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.

Nerds On Site Accumulated Depreciation Related Terms

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Nerds On Site (XCNQ:NERD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nerds On Site Inc (XCNQ:NERD) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

NOSUF:USA 3NS:Germany

Address

4026 Meadowbrook Drive, Unit 120-121, London, ON, CAN, N6L 1C7

Website

https://www.nerdsonsite.com

Nerds On Site Inc provides mobile information technology (IT) support for small to medium-sized enterprises. Its services include computer set-up, network installation, tailored software services, and IT support. The company offers business solutions and residential services. The corporation oversees and retains a network of technically proficient and specially trained independent IT consultants (Consultants) to help clients by providing on-site, effective, consistent, and customized IT solutions. Its revenue is principally derived from service fees charged for consulting services performed by the consultants and the sale of off-the-shelf software, hardware, and related support.

Nerds On Site (XCNQ:NERD) Headlines

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