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Parkin Co (DFM:PARKIN) Accumulated Depreciation : د.إ-141.7 Mil (As of Mar. 2024)


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What is Parkin Co Accumulated Depreciation?

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

Parkin Co's quarterly accumulated depreciation increased from Mar. 2023 (د.إ0.0 Mil) to Dec. 2023 (د.إ-154.8 Mil) but then stayed the same from Dec. 2023 (د.إ-154.8 Mil) to Mar. 2024 (د.إ-141.7 Mil).

Parkin Co's annual accumulated depreciation declined from Dec. 2021 (د.إ-161.8 Mil) to Dec. 2022 (د.إ-140.9 Mil) but then increased from Dec. 2022 (د.إ-140.9 Mil) to Dec. 2023 (د.إ-154.8 Mil).

Parkin Co Accumulated Depreciation Historical Data

The historical data trend for Parkin Co'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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Parkin Co Accumulated Depreciation Chart

Parkin Co Annual Data
Trend Dec21 Dec22 Dec23
Accumulated Depreciation
-161.77 -140.91 -154.82

Parkin Co Quarterly Data
Dec21 Dec22 Mar23 Dec23 Mar24
Accumulated Depreciation -161.77 -140.91 - -154.82 -141.68

Parkin Co 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.

Parkin Co Accumulated Depreciation Related Terms

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Parkin Co (DFM:PARKIN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Parkin Co (DFM:PARKIN) » Definitions » Accumulated Depreciation
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Traded in Other Exchanges
N/A
Address
Marrakech Street, G+2 Building, Old Headquarters, Umm Al Ramool, Plot number 215-246, P.O. Box 118899, Dubai, ARE
Website
https://www.parkin.ae
Parkin Co is a provider of paid parking facilities and services in Dubai. It operates across six operating verticals: (i) public on-street and off-street parking, (ii) public MSCPs, (iii) Developer-owned Parking Lots, (iv) permits and seasonal parking subscriptions, (v) parking reservations, and (vi) other services.

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