Glencore (Glencore) Accumulated Depreciation : $-64,164 Mil (As of Dec. 2023)

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What is Glencore Accumulated Depreciation?

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

Glencore's quarterly accumulated depreciation declined from Dec. 2022 ($-58,750 Mil) to Jun. 2023 ($0 Mil) but then increased from Jun. 2023 ($0 Mil) to Dec. 2023 ($-64,164 Mil).

Glencore's annual accumulated depreciation increased from Dec. 2021 ($-57,559 Mil) to Dec. 2022 ($-58,750 Mil) and increased from Dec. 2022 ($-58,750 Mil) to Dec. 2023 ($-64,164 Mil).

Glencore Accumulated Depreciation Historical Data

The historical data trend for Glencore'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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Glencore Accumulated Depreciation Chart

Glencore Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-49,872.00

-56,487.00

-57,559.00

-58,750.00

-64,164.00

Glencore Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accumulated Depreciation	Get a 7-Day Free Trial															-57,559.00	-	-58,750.00	-	-64,164.00

Glencore 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.

Glencore Accumulated Depreciation Related Terms

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Glencore (Glencore) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Glencore PLC (OTCPK:GLNCY) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

GLN:South Africa GLCNF:USA GLENl:UK GLEN:UK 8GC:Germany

Address

Baarermattstrasse 3, P.O. Box 1363, Baar, CHE, CH-6340

Website

https://www.glencore.com

Glencore is one of the world's largest commodities traders, active in markets for metals and minerals, energy products, and agricultural goods. The firm's Marketing business provides sourcing, logistics, transportation, storage, and financing services to commodity producers and consumers around the globe. Core exposures are in the production of thermal coal, coking coal, copper, zinc, nickel, cobalt, and ferroalloys. Unlike other major miners, Glencore plans to produce thermal coal until its mines exhaust, arguing that it is better for listed, western companies to own these assets and then rehabilitate them consistent with western standards. It has also agreed to buy Teck's metallurgical coal business, with the deal likely closing in the third quarter of 2024.