NIC (FRA:NAI) Accumulated Depreciation : €-25.6 Mil (As of Dec. 2020)

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What is NIC Accumulated Depreciation?

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

NIC's quarterly accumulated depreciation stayed the same from Jun. 2020 (€0.0 Mil) to Sep. 2020 (€0.0 Mil) but then increased from Sep. 2020 (€0.0 Mil) to Dec. 2020 (€-25.6 Mil).

NIC's annual accumulated depreciation increased from Dec. 2018 (€-27.3 Mil) to Dec. 2019 (€-28.5 Mil) but then stayed the same from Dec. 2019 (€-28.5 Mil) to Dec. 2020 (€-25.6 Mil).

NIC Accumulated Depreciation Historical Data

The historical data trend for NIC'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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NIC Accumulated Depreciation Chart

NIC Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Accumulated Depreciation

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-38.89

-32.15

-27.34

-28.55

-25.58

NIC Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Accumulated Depreciation	Get a 7-Day Free Trial															-28.55	-	-	-	-25.58

NIC 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.

NIC Accumulated Depreciation Related Terms

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NIC (FRA:NAI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » NIC Inc (FRA:NAI) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

25501 West Valley Parkway, Suite 300, Olathe, KS, USA, 66061

Website

https://www.egov.com

NIC Inc is a leading provider of digital government services that help governments use technology to provide a higher level of service to businesses and citizens and increase efficiencies. The company has two operating channels: state enterprise businesses and software and services businesses. In State enterprise businesses, the company enters into long-term contracts with state and local governments to design, build and operate Internet-based, enterprise-wide portals on their behalf, the software and services businesses provide software development and payment processing services, other than outsourced portal services, to state and local governments as well as federal agencies. It generates a majority of its revenue from the State Enterprise.

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