Link Administration Holdings (ASX:LNK) Accumulated Depreciation : A$0.0 Mil (As of Dec. 2023)

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What is Link Administration Holdings Accumulated Depreciation?

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

Link Administration Holdings's quarterly accumulated depreciation increased from Dec. 2022 (A$0.0 Mil) to Jun. 2023 (A$-251.3 Mil) but then stayed the same from Jun. 2023 (A$-251.3 Mil) to Dec. 2023 (A$0.0 Mil).

Link Administration Holdings's annual accumulated depreciation increased from Jun. 2021 (A$-209.0 Mil) to Jun. 2022 (A$-235.0 Mil) and increased from Jun. 2022 (A$-235.0 Mil) to Jun. 2023 (A$-251.3 Mil).

Link Administration Holdings Accumulated Depreciation Historical Data

The historical data trend for Link Administration Holdings'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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Link Administration Holdings Accumulated Depreciation Chart

Link Administration Holdings Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accumulated Depreciation

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-79.73

-195.95

-209.02

-235.02

-251.33

Link Administration Holdings Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accumulated Depreciation	Get a 7-Day Free Trial												-	-235.02	-	-251.33	-

Link Administration Holdings 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.

Link Administration Holdings Accumulated Depreciation Related Terms

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Link Administration Holdings (ASX:LNK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Link Administration Holdings Ltd (ASX:LNK) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

LKADF:USA

Address

680 George Street, Level 12, Sydney, NSW, AUS, 2000

Website

https://www.linkgroup.com

Link derives its revenue primarily from providing administration services to the financial services sector in Australia, and the share registry and investment fund sectors in the U.K. The company is the largest provider of superannuation administration services and the second-largest provider of share registry services in Australia. Link's clients are usually contracted for between two and five years. The customers are relatively sticky, resulting in a high recurring revenue. The capital-light business model means cash flow is relatively strong.

Link Administration Holdings (ASX:LNK) Headlines

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