The Shyft Group (FRA:SP8) Accumulated Depreciation : €-71.9 Mil (As of Mar. 2024)

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What is The Shyft Group Accumulated Depreciation?

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

The Shyft Group's quarterly accumulated depreciation increased from Sep. 2023 (€-68.6 Mil) to Dec. 2023 (€-69.2 Mil) and increased from Dec. 2023 (€-69.2 Mil) to Mar. 2024 (€-71.9 Mil).

The Shyft Group's annual accumulated depreciation declined from Dec. 2021 (€-70.4 Mil) to Dec. 2022 (€-66.8 Mil) but then increased from Dec. 2022 (€-66.8 Mil) to Dec. 2023 (€-69.2 Mil).

The Shyft Group Accumulated Depreciation Historical Data

The historical data trend for The Shyft 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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The Shyft Group Accumulated Depreciation Chart

The Shyft Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-60.69

-58.78

-70.37

-66.76

-69.24

The Shyft Group 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															-68.70	-67.96	-68.57	-69.24	-71.89

The Shyft 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.

The Shyft Group Accumulated Depreciation Related Terms

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The Shyft Group (FRA:SP8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » The Shyft Group Inc (FRA:SP8) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

SHYF:USA

Address

41280 Bridge Street, Novi, MI, USA, 48375

Website

https://www.theshyftgroup.com

The Shyft Group Inc is engaged in specialty vehicle manufacturing and assembly for the commercial vehicle (including last-mile delivery, specialty service and vocation-specific upfit segments) and recreational vehicle industries. Its products include walk-in vans, truck bodies, and cargo van and pick-up truck upfits used in e-commerce/parcel delivery, upfit equipment used in the mobile retail and utility trades, as well as luxury Class A diesel motorhome custom chassis and contract manufacturing and assembly services. It also supply replacement parts and offer repair, maintenance, field service and refurbishment services for the vehicles that company manufacture.

The Shyft Group (FRA:SP8) Headlines

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