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Ossen Innovation Co (Ossen Innovation Co) Accumulated Depreciation : $-16.6 Mil (As of Dec. 2020)


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What is Ossen Innovation Co Accumulated Depreciation?

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 declined from Dec. 2019 ($-15.3 Mil) to Jun. 2020 ($0.0 Mil) but then increased from Jun. 2020 ($0.0 Mil) to Dec. 2020 ($-16.6 Mil).

Ossen Innovation Co's annual accumulated depreciation increased from Dec. 2018 ($-15.0 Mil) to Dec. 2019 ($-15.3 Mil) and increased from Dec. 2019 ($-15.3 Mil) to Dec. 2020 ($-16.6 Mil).


Ossen Innovation Co Accumulated Depreciation Historical Data

The historical data trend for Ossen Innovation Co'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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Ossen Innovation Co Accumulated Depreciation Chart

Ossen Innovation Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.70 -15.27 -15.03 -15.35 -16.64

Ossen Innovation Co Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -15.03 - -15.35 - -16.64

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.


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Ossen Innovation Co (Ossen Innovation Co) Business Description

Traded in Other Exchanges
N/A
Address
518 Shangcheng Road, Floor 17, Shanghai, CHN, 200120
Ossen Innovation Co Ltd designs, engineers, manufactures, and sells prestressed steel materials. The company's materials are used in the construction of bridges, highways and other infrastructure projects in the People's Republic of China and internationally. Its product is categorized as coated products and uncoated products. Its coated products include zinc, rare earth and plain surface prestressed concrete.It is used in the construction of new bridges and the renovation of older bridges. Uncoated products consist of wires that are twisted into a bundle and used in precast concrete plates on the riding surface of bridges. It is categorized based on size, strength, and structure.