Garmin (FRA:GEY) Accumulated Depreciation : €-965 Mil (As of Mar. 2024)

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What is Garmin Accumulated Depreciation?

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

Garmin's quarterly accumulated depreciation increased from Sep. 2023 (€0 Mil) to Dec. 2023 (€-945 Mil) and increased from Dec. 2023 (€-945 Mil) to Mar. 2024 (€-965 Mil).

Garmin's annual accumulated depreciation increased from Dec. 2021 (€-726 Mil) to Dec. 2022 (€-854 Mil) and increased from Dec. 2022 (€-854 Mil) to Dec. 2023 (€-945 Mil).

Garmin Accumulated Depreciation Historical Data

The historical data trend for Garmin'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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Garmin Accumulated Depreciation Chart

Garmin Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-609.37

-601.93

-726.26

-854.25

-945.05

Garmin Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial															-	-	-	-945.05	-965.02

Garmin 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.

Garmin Accumulated Depreciation Related Terms

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Garmin (FRA:GEY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Garmin Ltd (FRA:GEY) » Definitions » Accumulated Depreciation

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Address

Muhlentalstrasse 2, Schaffhausen, CHE, 8200

Website

https://www.garmin.com

Garmin produces GPS-enabled hardware and software for five verticals: fitness, outdoors, auto, aviation, and marine. The company relies on licensing mapping data to enable its hardware specialized for often niche activities like scuba diving or sailing. Garmin operates in 100 countries and sells its products via distributors as well as relationships with original equipment manufacturers.

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