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GuruFocus has detected 1 Warning Sign with Wells Fargo & Co $WFC.
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Wells Fargo & Co (NYSE:WFC)
Accumulated Depreciation
$0 Mil (As of Mar. 2017)

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

Wells Fargo & Co's quarterly accumulated depreciation increased from Sep. 2016 ($0 Mil) to Dec. 2016 ($-10,852 Mil) but then declined from Dec. 2016 ($-10,852 Mil) to Mar. 2017 ($0 Mil).

Wells Fargo & Co's annual accumulated depreciation increased from Dec. 2014 ($-10,463 Mil) to Dec. 2015 ($-11,017 Mil) but then declined from Dec. 2015 ($-11,017 Mil) to Dec. 2016 ($-10,852 Mil).


Definition

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.


Related Terms

Property, Plant and Equipment, Gross Property, Plant and Equipment


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Wells Fargo & Co Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
AccumulatedDepreciation 00-7,312-8,141-8,802-9,229-10,072-10,463-11,017-10,852

Wells Fargo & Co Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
AccumulatedDepreciation -10,463000-11,017000-10,8520
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