Volvo AB (Volvo AB) Accumulated Depreciation

: $-1,900 Mil (As of Dec. 2023)

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

Volvo AB's quarterly accumulated depreciation stayed the same from Jun. 2023 ($0 Mil) to Sep. 2023 ($0 Mil) but then increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($-1,900 Mil).

Volvo AB's annual accumulated depreciation declined from Dec. 2021 ($-11,874 Mil) to Dec. 2022 ($-1,966 Mil) but then stayed the same from Dec. 2022 ($-1,966 Mil) to Dec. 2023 ($-1,900 Mil).

Volvo AB Accumulated Depreciation Historical Data

The historical data trend for Volvo AB'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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Volvo AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

-10,610.87

-11,828.63

-11,873.90

-1,966.37

-1,900.35

Volvo AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accumulated Depreciation																-1,966.37	-	-	-	-1,900.35

Volvo AB 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.

Volvo AB Accumulated Depreciation Related Terms

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Volvo AB (Volvo AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Volvo AB (OTCPK:VLVLY) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

VOLVF:USA VOLAF:USA VOLV B:Sweden VOLV A:Sweden VOLVBs:UK 0MHW:UK 0HTP:UK VOL1:Germany VOLVB:Czech Republic

Address

Gropegardsgatan 2, Gothenburg, SWE, 417 15

Website

https://www.volvogroup.com

Volvo AB drives prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase the customers' uptime and productivity.