LOT (Lotus Technology) Accumulated Depreciation : $0.0 Mil (As of Jun. 2024)

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What is Lotus Technology Accumulated Depreciation?

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

Lotus Technology's quarterly accumulated depreciation increased from Jun. 2023 ($-36.4 Mil) to Dec. 2023 ($-66.3 Mil) but then stayed the same from Dec. 2023 ($-66.3 Mil) to Jun. 2024 ($0.0 Mil).

Lotus Technology's annual accumulated depreciation increased from Dec. 2021 ($-3.0 Mil) to Dec. 2022 ($-15.5 Mil) and increased from Dec. 2022 ($-15.5 Mil) to Dec. 2023 ($-66.3 Mil).

Lotus Technology Accumulated Depreciation Historical Data

The historical data trend for Lotus Technology'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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Lotus Technology Accumulated Depreciation Chart

Lotus Technology Annual Data

Trend

Dec21

Dec22

Dec23

Accumulated Depreciation

-2.98

-15.46

-66.26

Lotus Technology Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Accumulated Depreciation	Get a 7-Day Free Trial			-	-15.46	-36.40	-66.26	-

Lotus Technology 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.

Lotus Technology Accumulated Depreciation Related Terms

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Lotus Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lotus Technology Inc (NAS:LOT) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

5EP:Germany

Address

No. 800 Century Avenue, Pudong District, Shanghai, CHN, 200120

Website

https://www.group-lotus.com

Lotus Technology Inc is a battery electric vehicle (BEV) maker that designs, develops, and sells BEV lifestyle vehicles under the Lotus brand. The Group is also a distributor that sells luxury sports cars under the Lotus brand. It also provides other sales and ancillary services to customers.