Lite Access Technologies (TSXV:LTE) Accumulated Depreciation : C$-2.00 Mil (As of Dec. 2023)

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What is Lite Access Technologies Accumulated Depreciation?

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

Lite Access Technologies's quarterly accumulated depreciation declined from Jun. 2023 (C$-1.98 Mil) to Sep. 2023 (C$-1.94 Mil) but then increased from Sep. 2023 (C$-1.94 Mil) to Dec. 2023 (C$-2.00 Mil).

Lite Access Technologies's annual accumulated depreciation declined from Sep. 2021 (C$-2.16 Mil) to Sep. 2022 (C$-1.81 Mil) but then increased from Sep. 2022 (C$-1.81 Mil) to Sep. 2023 (C$-1.94 Mil).

Lite Access Technologies Accumulated Depreciation Historical Data

The historical data trend for Lite Access Technologies'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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Lite Access Technologies Accumulated Depreciation Chart

Lite Access Technologies Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accumulated Depreciation

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-2.16

-5.07

-2.16

-1.81

-1.94

Lite Access Technologies 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															-1.87	-1.91	-1.98	-1.94	-2.00

Lite Access Technologies 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.

Lite Access Technologies Accumulated Depreciation Related Terms

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Lite Access Technologies (TSXV:LTE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Lite Access Technologies Inc (TSXV:LTE) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

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Address

110 – 6039 196 Street, Surrey, BC, CAN, V3S 7X4

Website

https://www.liteaccess.com

Lite Access Technologies Inc is a manufacturer, distributor, and installer of fibre optic technology, specializing in micro ducts and air-blown fibre. The company also provides construction options for the deployment of the fibre optic. The business of the company operates in three reporting segments: Product sales, Fibre optic installations and concrete cutting. Fibre optic installations account for the majority of revenue. Its geographical segments are Canada, the United States, the United Kingdom, and others, of which the majority of its revenue comes from Canada.

Lite Access Technologies (TSXV:LTE) Headlines

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