Insteel Industries (FRA:HZ8) Accumulated Depreciation : €-160.3 Mil (As of Mar. 2024)

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What is Insteel Industries Accumulated Depreciation?

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

Insteel Industries's quarterly accumulated depreciation declined from Sep. 2023 (€-157.7 Mil) to Dec. 2023 (€-156.5 Mil) but then increased from Dec. 2023 (€-156.5 Mil) to Mar. 2024 (€-160.3 Mil).

Insteel Industries's annual accumulated depreciation increased from Sep. 2021 (€-130.0 Mil) to Sep. 2022 (€-167.0 Mil) but then stayed the same from Sep. 2022 (€-167.0 Mil) to Sep. 2023 (€-157.7 Mil).

Insteel Industries Accumulated Depreciation Historical Data

The historical data trend for Insteel Industries'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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Insteel Industries Accumulated Depreciation Chart

Insteel Industries Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accumulated Depreciation

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-124.29

-120.72

-130.01

-167.02

-157.69

Insteel Industries 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															-153.82	-154.67	-157.69	-156.45	-160.25

Insteel Industries 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.

Insteel Industries Accumulated Depreciation Related Terms

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Insteel Industries (FRA:HZ8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Insteel Industries Inc (FRA:HZ8) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

IIIN:USA

Address

1373 Boggs Drive, Mount Airy, NC, USA, 27030

Website

https://www.insteel.com

Insteel Industries Inc manufactures steel wire reinforcing products for concrete construction applications. It manufactures and markets PC strand and welded wire reinforcement, including ESM, concrete pipe reinforcement, and standard welded wire reinforcement. The company's products are sold primarily to manufacturers of concrete products that are used in nonresidential construction. Its concrete reinforcing products consist of two product lines: PC strand and WWR. Insteel generates its geographical revenue from the United States.

Insteel Industries (FRA:HZ8) Headlines

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