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Ratnaveer Precision Engineering (BOM:543978) Accumulated Depreciation : ₹0 Mil (As of Jun. 2024)


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What is Ratnaveer Precision Engineering Accumulated Depreciation?

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

Ratnaveer Precision Engineering's quarterly accumulated depreciation increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹-282 Mil) but then stayed the same from Mar. 2024 (₹-282 Mil) to Jun. 2024 (₹0 Mil).

Ratnaveer Precision Engineering's annual accumulated depreciation increased from Mar. 2022 (₹-208 Mil) to Mar. 2023 (₹-237 Mil) and increased from Mar. 2023 (₹-237 Mil) to Mar. 2024 (₹-282 Mil).

Ratnaveer Precision Engineering Accumulated Depreciation Historical Data

The historical data trend for Ratnaveer Precision Engineering'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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Ratnaveer Precision Engineering Accumulated Depreciation Chart

Ratnaveer Precision Engineering Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Accumulated Depreciation
-159.36 -181.42 -208.38 -237.43 -281.74

Ratnaveer Precision Engineering Quarterly Data
Mar20 Mar21 Mar22 Aug22 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only -237.43 - - -281.74 -

Ratnaveer Precision Engineering 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.

Ratnaveer Precision Engineering Accumulated Depreciation Related Terms

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Ratnaveer Precision Engineering Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ratnaveer Precision Engineering Ltd (BOM:543978) » Definitions » Accumulated Depreciation
Comparable Companies
BOM:543590 BOM:541701 BOM:532650 BOM:532741 NSE:SHIVAUM BOM:533270 BOM:504605 NSE:SHYAMCENT BOM:542669 BOM:511672 NUE XKRX:005490 BOM:500228 TSE:5401 SHSE:600019 XAMS:MT STLD NSE:TATASTEEL RS MIC:CHMF
Traded in Other Exchanges
RATNAVEER:India
Address
Plot no. E-77, G.I.D.C, Savli (Manjusar), Vadodara, GJ, IND, 391 775
Website
https://www.ratnaveer.com
Ratnaveer Precision Engineering Ltd is a stainless steel (SS) product manufacturer focused on producing finished sheets, washers, solar roofing hooks, pipes and tubes. It manufactures finishing sheets, washers and solar mounting hooks at Unit I and SS pipes & tubes at Unit II. Unit III and Unit IV are dedicated to the backward integration process where Unit III is the melting unit where the company melts steel scrap and turns it into steel ingots and Unit IV is the rolling unit where flat ingots are further processed to turn them into sheets which are the raw material for washers.

Ratnaveer Precision Engineering Headlines

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