Meggitt (LSE:MGGT) Accumulated Depreciation : £0 Mil (As of Jun. 2022)

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What is Meggitt Accumulated Depreciation?

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

Meggitt's quarterly accumulated depreciation increased from Jun. 2021 (£0 Mil) to Dec. 2021 (£-564 Mil) but then stayed the same from Dec. 2021 (£-564 Mil) to Jun. 2022 (£0 Mil).

Meggitt's annual accumulated depreciation declined from Dec. 2019 (£-551 Mil) to Dec. 2020 (£-535 Mil) but then increased from Dec. 2020 (£-535 Mil) to Dec. 2021 (£-564 Mil).

Meggitt Accumulated Depreciation Historical Data

The historical data trend for Meggitt'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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Meggitt Accumulated Depreciation Chart

Meggitt Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Accumulated Depreciation

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-481.70

-530.90

-551.00

-535.10

-563.70

Meggitt Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Accumulated Depreciation	Get a 7-Day Free Trial															-	-535.10	-	-563.70	-

Meggitt 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.

Meggitt Accumulated Depreciation Related Terms

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Meggitt (LSE:MGGT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Meggitt PLC (LSE:MGGT) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ansty Business Park, Pilot Way, Coventry, GBR, CV7 9JU

Website

https://www.meggitt.com

Meggitt designs and manufactures high performance components and sub-systems for the aerospace, defense, and energy markets. Key products include aircraft wheels and brakes, fire and safety systems, sensors, fuel systems, and polymer seals. Of the EUR 1.9 billion group revenue reported in 2020, 43% is derived from civil aerospace markets, 46% from defense, and 11% from energy markets. The company commands a leading share within many of its product categories and enjoys a high level of sole-source positions on long-term civil and military programs. Activities are evenly split between production of original equipment and aftermarket services.

Meggitt (LSE:MGGT) Headlines

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