CCGFF (Credit Group) Accumulated Depreciation : $0.0 Mil (As of Dec. 2024)

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What is Credit Group Accumulated Depreciation?

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

Credit Group's quarterly accumulated depreciation increased from Dec. 2023 ($0.0 Mil) to Jun. 2024 ($-24.8 Mil) but then stayed the same from Jun. 2024 ($-24.8 Mil) to Dec. 2024 ($0.0 Mil).

Credit Group's annual accumulated depreciation increased from Jun. 2022 ($-28.0 Mil) to Jun. 2023 ($-30.2 Mil) but then stayed the same from Jun. 2023 ($-30.2 Mil) to Jun. 2024 ($-24.8 Mil).

Credit Group Accumulated Depreciation Historical Data

The historical data trend for Credit 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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Credit Group Accumulated Depreciation Chart

Credit Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Accumulated Depreciation

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-18.91

-24.63

-27.96

-30.22

-24.76

Credit Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accumulated Depreciation	Get a 7-Day Free Trial															-	-30.22	-	-24.76	-

Credit 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.

Credit Group Accumulated Depreciation Related Terms

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Credit Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Credit Corp Group Ltd (OTCPK:CCGFF) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

2RC:Germany CCP:Australia

Address

201 Kent Street, Level 15, Sydney, NSW, AUS, 2000

Website

https://www.creditcorp.com.au

Credit Corp operates in the distressed consumer debt market. In its core business, it acquires purchased debt ledgers, or PDLs, in Australia and is expanding this business globally by buying PDLs in the United States. These PDLs consist of unsecured debt that are at least six months in arrears and have already been through a collection process. Since 2012, Credit Corp also diversified its business into providing consumer credit to customers who are unable to gain access to credit from primary sources such as banks because of a poor credit history. Its consumer credit business is gaining scale but is also subject to increased regulatory scrutiny.