Nickel Industries (ASX:NIC) Accumulated Depreciation : A$-413 Mil (As of Dec. 2023)

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What is Nickel Industries Accumulated Depreciation?

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

Nickel Industries's quarterly accumulated depreciation declined from Dec. 2022 (A$-247 Mil) to Jun. 2023 (A$0 Mil) but then increased from Jun. 2023 (A$0 Mil) to Dec. 2023 (A$-413 Mil).

Nickel Industries's annual accumulated depreciation increased from Dec. 2021 (A$-139 Mil) to Dec. 2022 (A$-247 Mil) and increased from Dec. 2022 (A$-247 Mil) to Dec. 2023 (A$-413 Mil).

Nickel Industries Accumulated Depreciation Historical Data

The historical data trend for Nickel 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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Nickel Industries Accumulated Depreciation Chart

Nickel Industries Annual Data

Trend

Jun19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

-12.95

-84.17

-138.91

-246.66

-412.69

Nickel Industries Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accumulated Depreciation	Get a 7-Day Free Trial							-138.91	-	-246.66	-	-412.69

Nickel 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.

Nickel Industries Accumulated Depreciation Related Terms

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Nickel Industries (ASX:NIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nickel Industries Ltd (ASX:NIC) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

NICMF:USA NM5:Germany

Address

66 Hunter Street, Level 2, Sydney, NSW, AUS, 2000

Website

https://www.nickelmines.com.au

Nickel Industries Ltd is engaged in acquiring, exploring, and developing nickel projects. It holds 80% interest in the Hengjaya Nickel and Ranger Nickel projects, both of which operate 2 line Rotary Kiln Electric Furnace (RKEF) plants producing NPI within the Indonesia Morowali Industrial Park (IMIP). Nickel Industries also holds an 80% economic interest in the Hengjaya Mineralindo Nickel Mine ('Hengjaya Mine'), a large tonnage, high-grade saprolite deposit located in the Morowali Regency of Central Sulawesi, Indonesia.