Grindrod (Grindrod) Accumulated Depreciation : $-141.9 Mil (As of Dec. 2023)

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What is Grindrod Accumulated Depreciation?

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

Grindrod's quarterly accumulated depreciation declined from Dec. 2022 ($-140.9 Mil) to Jun. 2023 ($0.0 Mil) but then increased from Jun. 2023 ($0.0 Mil) to Dec. 2023 ($-141.9 Mil).

Grindrod's annual accumulated depreciation declined from Dec. 2021 ($-180.7 Mil) to Dec. 2022 ($-140.9 Mil) but then increased from Dec. 2022 ($-140.9 Mil) to Dec. 2023 ($-141.9 Mil).

Grindrod Accumulated Depreciation Historical Data

The historical data trend for Grindrod'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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Grindrod Accumulated Depreciation Chart

Grindrod Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-179.43

-180.00

-180.72

-140.90

-141.94

Grindrod Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accumulated Depreciation	Get a 7-Day Free Trial															-180.72	-	-140.90	-	-141.94

Grindrod 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.

Grindrod Accumulated Depreciation Related Terms

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Grindrod (Grindrod) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Grindrod Ltd (OTCPK:GRDLY) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

GNDP.PFD:South Africa GND:South Africa

Address

106 Margaret Mncadi Avenue, Grindrod Mews, Durban, NL, ZAF, 4001

Website

https://www.grindrod.com

Grindrod Ltd is a logistics and financial services company with significant investments in marine fuel trading, private equity, and the property sector. The company organizes itself into three segments: logistics, ports and terminals, and bank. The logistics segment, which generates the majority of revenue, is involved in providing complete freight services, storage of containers, and clearing. The Ports and Terminals segment provides bulk handling of commodities. The bank segment provides loan finance and retail services through Grindrod Bank. The company is based in South Africa and operates in the following regions, in order of revenue share: Singapore/Asia/Australia, Middle East, South Africa, the United Kingdom/Europe, North America/Bermuda, and the rest of Africa.

Grindrod (Grindrod) Headlines

From GuruFocus

Full Year 2023 Grindrod Ltd Earnings Call Transcript

By GuruFocus Research • 03-08-2024