Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.
Ossen Innovation Co's quarterly accumulated depreciation
increased
from Jun. 2019 ($0.0 Mil) to Dec. 2019 ($-15.3 Mil) but then
stayed the same
from Dec. 2019 ($-15.3 Mil) to Jun. 2020 ($0.0 Mil).
Ossen Innovation Co's annual accumulated depreciation
declined
from Dec. 2017 ($-15.3 Mil) to Dec. 2018 ($-15.0 Mil) but then
increased
from Dec. 2018 ($-15.0 Mil) to Dec. 2019 ($-15.3 Mil).
Ossen Innovation Co 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.
Ossen Innovation Co Accumulated Depreciation Headlines
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