Cellnex Telecom (XMAD:CLNX) Accumulated Depreciation : €-3,217 Mil (As of Dec. 2023)

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What is Cellnex Telecom Accumulated Depreciation?

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

Cellnex Telecom's quarterly accumulated depreciation declined from Jun. 2023 (€-2,823 Mil) to Sep. 2023 (€0 Mil) but then increased from Sep. 2023 (€0 Mil) to Dec. 2023 (€-3,217 Mil).

Cellnex Telecom's annual accumulated depreciation increased from Dec. 2021 (€-1,705 Mil) to Dec. 2022 (€-2,408 Mil) and increased from Dec. 2022 (€-2,408 Mil) to Dec. 2023 (€-3,217 Mil).

Cellnex Telecom Accumulated Depreciation Historical Data

The historical data trend for Cellnex Telecom'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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Cellnex Telecom Accumulated Depreciation Chart

Cellnex Telecom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-919.21

-1,222.05

-1,705.41

-2,407.90

-3,216.82

Cellnex Telecom 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															-2,407.90	-	-2,823.02	-	-3,216.82

Cellnex Telecom 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.

Cellnex Telecom Accumulated Depreciation Related Terms

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Cellnex Telecom (XMAD:CLNX) Business Description

Industry

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Address

Passeig Zona Franca, 105, Barcelona, ESP, 08038

Website

https://www.cellnextelecom.com

Cellnex owns and operates more than 100,000 wireless towers in Europe, resulting from continued M&A activity since its initial public offering in 2015. It has acquired towers from several European mobile network operators, including Telefonica, Iliad, CK Hutchison, Bouygues, and Altice. Cellnex is present in more than 10 European countries as of March 2023, including France, Italy, Spain, Poland, the United Kingdom, Switzerland, and Portugal. Cellnex's strategy is to acquire portfolios from MNOs and lease the towers back to them through long-term contracts, which provide high cash flow visibility and inflation protection.

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