McGrath (ASX:MEA) Accumulated Depreciation : A$0.00 Mil (As of Dec. 2023)

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What is McGrath Accumulated Depreciation?

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

McGrath's quarterly accumulated depreciation increased from Dec. 2022 (A$0.00 Mil) to Jun. 2023 (A$-7.07 Mil) but then stayed the same from Jun. 2023 (A$-7.07 Mil) to Dec. 2023 (A$0.00 Mil).

McGrath's annual accumulated depreciation declined from Jun. 2021 (A$-16.43 Mil) to Jun. 2022 (A$-10.29 Mil) but then stayed the same from Jun. 2022 (A$-10.29 Mil) to Jun. 2023 (A$-7.07 Mil).

McGrath Accumulated Depreciation Historical Data

The historical data trend for McGrath'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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McGrath Accumulated Depreciation Chart

McGrath Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accumulated Depreciation

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-17.46

-16.91

-16.43

-10.29

-7.07

McGrath 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												-	-10.29	-	-7.07	-

McGrath 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.

McGrath Accumulated Depreciation Related Terms

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McGrath (ASX:MEA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » McGrath Ltd (ASX:MEA) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Pyrmont Street, Pyrmont, NSW, AUS, 2009

Website

https://www.mcgrath.com.au

McGrath Ltd is a real estate company. It provides a range of services including residential property sales, property management, mortgage broking, auction services, and career training. It operates in the following segments: Company owned sales; Company owned property management; Franchise services; and Other. Geographically, all the business activities of the group function through Australia. The majority of its revenue gets derived from Company owned sales segment that comprises company-owned sales offices for which McGrath earns sales commission revenue including property marketing fees paid by vendor clients.

McGrath (ASX:MEA) Headlines

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