Smart Metering Systems (LSE:SMS) Accumulated Depreciation : £-147.1 Mil (As of Jun. 2023)

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What is Smart Metering Systems Accumulated Depreciation?

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

Smart Metering Systems's quarterly accumulated depreciation increased from Jun. 2022 (£-121.3 Mil) to Dec. 2022 (£-133.8 Mil) and increased from Dec. 2022 (£-133.8 Mil) to Jun. 2023 (£-147.1 Mil).

Smart Metering Systems's annual accumulated depreciation increased from Dec. 2020 (£-87.1 Mil) to Dec. 2021 (£-109.0 Mil) and increased from Dec. 2021 (£-109.0 Mil) to Dec. 2022 (£-133.8 Mil).

Smart Metering Systems Accumulated Depreciation Historical Data

The historical data trend for Smart Metering Systems'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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Smart Metering Systems Accumulated Depreciation Chart

Smart Metering Systems Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accumulated Depreciation

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-63.50

-91.28

-87.12

-109.02

-133.80

Smart Metering Systems Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accumulated Depreciation	Get a 7-Day Free Trial															-97.99	-109.02	-121.33	-133.80	-147.11

Smart Metering Systems 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.

Smart Metering Systems Accumulated Depreciation Related Terms

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Smart Metering Systems (LSE:SMS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Smart Metering Systems PLC (LSE:SMS) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

SMS.GB:UK SMC:Germany

Address

48 St. Vincent Street, 2nd Floor, Glasgow, GBR, G2 5TS

Website

https://www.sms-plc.com

Smart Metering Systems PLC is a UK-based company which connects, owns, and maintains metering systems and database of energy companies. Its services include Smart Metering & Data; Smart Energy Services; Smart Utility Services; and ADM, which is an intelligent Automated Meter Reading (AMR) solution. The company operates in three segments: Asset Management, which comprises regulated management of gas meters, electric meters, and ADM units; Asset installation, which comprises installation of domestic and I&C gas meters and electricity meters; and Energy Management, which comprises the provision of energy consultancy services and the management of Distributed Energy Resources (DER) assets.

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