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GECSF (Global Education Communities) Accumulated Depreciation : $-5.95 Mil (As of Aug. 2024)


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What is Global Education Communities Accumulated Depreciation?

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

Global Education Communities's quarterly accumulated depreciation stayed the same from Feb. 2024 ($0.00 Mil) to May. 2024 ($0.00 Mil) but then increased from May. 2024 ($0.00 Mil) to Aug. 2024 ($-5.95 Mil).

Global Education Communities's annual accumulated depreciation increased from Aug. 2022 ($-6.50 Mil) to Aug. 2023 ($-7.02 Mil) but then stayed the same from Aug. 2023 ($-7.02 Mil) to Aug. 2024 ($-5.95 Mil).

Global Education Communities Accumulated Depreciation Historical Data

The historical data trend for Global Education Communities'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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Global Education Communities Accumulated Depreciation Chart

Global Education Communities Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.52 -5.84 -6.50 -7.02 -5.95

Global Education Communities Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.02 - - - -5.95

Global Education Communities 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.

Global Education Communities Accumulated Depreciation Related Terms

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Global Education Communities Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Global Education Communities Corp (OTCPK:GECSF) » Definitions » Accumulated Depreciation
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Traded in Other Exchanges
GEC:Canada
Address
777 West Broadway, Suite 1200, Vancouver, BC, CAN, V5Z 4J7
Website
https://www.gechq.com
Global Education Communities Corp is an educational and student-housing real estate company. Its business operations include education, media communications, revenue-producing properties, and real estate development. The company currently has five main business units, namely Sprott Shaw College Corp. (SSCC), Sprott Shaw Language College (SSLC), including Vancouver International College (VIC), CIBT School of Business & Technology (CIBT), IRIX Design Group Inc. (IRIX) and Global Education City Holdings Inc. (GECH). The majority of the company's revenue is generated from its Sprott Shaw College Corp. (SSCC) unit.