BANT (Bantec) Accumulated Depreciation : $-0.05 Mil (As of Jun. 2024)

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What is Bantec Accumulated Depreciation?

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

Bantec's quarterly accumulated depreciation increased from Dec. 2023 ($-0.02 Mil) to Mar. 2024 ($-0.03 Mil) and increased from Mar. 2024 ($-0.03 Mil) to Jun. 2024 ($-0.05 Mil).

Bantec's annual accumulated depreciation increased from Sep. 2021 ($-0.07 Mil) to Sep. 2022 ($-0.12 Mil) but then stayed the same from Sep. 2022 ($-0.12 Mil) to Sep. 2023 ($-0.01 Mil).

Bantec Accumulated Depreciation Historical Data

The historical data trend for Bantec'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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Bantec Accumulated Depreciation Chart

Bantec Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accumulated Depreciation

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-0.02

-0.07

-0.12

-0.01

Bantec Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Accumulated Depreciation	Get a 7-Day Free Trial															-	-0.01	-0.02	-0.03	-0.05

Bantec 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.

Bantec Accumulated Depreciation Related Terms

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Bantec Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Bantec Inc (OTCPK:BANT) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

37 Main Street, Sparta, NJ, USA, 07871

Website

http://www.bantecinc.com

Bantec Inc along with its subsidiaries provides unmanned aerial vehicles (UAV) and related services. Principally, it is engaged in the business of research, design, development, testing, manufacturing, distribution, exportation, and integration of low-altitude UAV systems, services, and products. The company also provides procurement, distribution, and logistics services. It focuses on distributing, Drones and related services and Environmental/Construction products and services. The Company has operations based in Sparta, New Jersey and Vancouver, Washington.

Executives

Michael John Bannon	director, 10 percent owner, officer: President and CEO	138 4TH AVE, MILFORD CT 00460
Rodrigo Rangel Kuntz	director	AV. HENRIQUE PERES, 68 SL 03, MOGI DOS CRUZES D5 08735-400