Ventia Services Group (ASX:VNT) Accumulated Depreciation : A$-247 Mil (As of Dec. 2024)

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What is Ventia Services Group Accumulated Depreciation?

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

Ventia Services Group's quarterly accumulated depreciation declined from Dec. 2023 (A$-227 Mil) to Jun. 2024 (A$0 Mil) but then increased from Jun. 2024 (A$0 Mil) to Dec. 2024 (A$-247 Mil).

Ventia Services Group's annual accumulated depreciation increased from Dec. 2022 (A$-123 Mil) to Dec. 2023 (A$-227 Mil) and increased from Dec. 2023 (A$-227 Mil) to Dec. 2024 (A$-247 Mil).

Ventia Services Group Accumulated Depreciation Historical Data

The historical data trend for Ventia Services Group'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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Ventia Services Group Accumulated Depreciation Chart

Ventia Services Group Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Accumulated Depreciation

-111.10

-123.10

-226.50

-246.80

Ventia Services Group Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accumulated Depreciation	Get a 7-Day Free Trial			-123.10	-	-226.50	-	-246.80

Ventia Services Group 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.

Ventia Services Group Accumulated Depreciation Related Terms

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Ventia Services Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ventia Services Group Ltd (ASX:VNT) » Definitions » Accumulated Depreciation

Traded in Other Exchanges

VNT:New Zealand

Address

80 Pacific Highway, Level 8, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.ventia.com

While Ventia is not the largest player with an estimated 7.5% share of addressable markets, it is a leading infrastructure maintenance services provider in Australia and New Zealand. Its capabilities span the full asset lifecycle including operations and maintenance, facilities management, minor capital works, environmental services, and other solutions. And its business model is favorably capital-light via flexing of a large contractor base complementing a deep pool of talented employees. Ventia has long-term relationships with a diverse range of public and private sector clients with many client relationships maintained for decades. Contracts are favorably long with an average five-year duration at inception and most containing some form of embedded price escalation.