goeasy (TSX:GSY) Accumulated Depreciation : C$-62 Mil (As of Dec. 2023)

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What is goeasy Accumulated Depreciation?

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

goeasy's quarterly accumulated depreciation stayed the same from Jun. 2023 (C$0 Mil) to Sep. 2023 (C$0 Mil) but then increased from Sep. 2023 (C$0 Mil) to Dec. 2023 (C$-62 Mil).

goeasy's annual accumulated depreciation increased from Dec. 2021 (C$-35 Mil) to Dec. 2022 (C$-53 Mil) and increased from Dec. 2022 (C$-53 Mil) to Dec. 2023 (C$-62 Mil).

goeasy Accumulated Depreciation Historical Data

The historical data trend for goeasy'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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goeasy Accumulated Depreciation Chart

goeasy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-27.12

-29.69

-35.04

-53.48

-62.35

goeasy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accumulated Depreciation	Get a 7-Day Free Trial															-53.48	-	-	-	-62.35

goeasy 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.

goeasy Accumulated Depreciation Related Terms

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goeasy (TSX:GSY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » goeasy Ltd (TSX:GSY) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

EHMEF:USA 1ES:Germany

Address

33 City Centre Drive, Suite 510, Mississauga, ON, CAN, L5B 2N5

Website

https://www.goeasy.com

goeasy Ltd provides financial services company. The principal operating activities of the Company include: providing loans and other financial services to consumers and leasing household products to consumers. Customers can transact seamlessly through an omnichannel model that includes online and mobile platforms. The Company operates in two reportable segments: easyfinancial and easyhome. The easyfinancial reportable segment lends out capital in the form of unsecured and secured consumer loans to nonprime borrowers. easyfinancial's product offering consists of unsecured and real estate-secured installment loans. The key revenue of the company is generated from easyfinancial.