Gem Diamonds (LSE:GEMD) Accumulated Depreciation : £-483.2 Mil (As of Dec. 2024)

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What is Gem Diamonds Accumulated Depreciation?

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

Gem Diamonds's quarterly accumulated depreciation declined from Dec. 2023 (£-464.4 Mil) to Jun. 2024 (£-4.7 Mil) but then increased from Jun. 2024 (£-4.7 Mil) to Dec. 2024 (£-483.2 Mil).

Gem Diamonds's annual accumulated depreciation declined from Dec. 2022 (£-475.0 Mil) to Dec. 2023 (£-464.4 Mil) but then increased from Dec. 2023 (£-464.4 Mil) to Dec. 2024 (£-483.2 Mil).

Gem Diamonds Accumulated Depreciation Historical Data

The historical data trend for Gem Diamonds'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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Gem Diamonds Accumulated Depreciation Chart

Gem Diamonds Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accumulated Depreciation

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-409.01

-416.38

-475.02

-464.44

-483.20

Gem Diamonds Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accumulated Depreciation	Get a 7-Day Free Trial															-475.02	-3.08	-464.44	-4.65	-483.20

Gem Diamonds 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.

Gem Diamonds Accumulated Depreciation Related Terms

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Gem Diamonds Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gem Diamonds Ltd (LSE:GEMD) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

GMDMF:USA GEMDl:UK ZVW:Germany

Address

2 Eaton Gate, London, GBR, SW1W 9BJ

Website

https://www.gemdiamonds.com

Gem Diamonds Ltd is a United Kingdom-based company engaged in the exploration and development of diamond mines. The company's geographical segments include Lesotho (diamond mining activities); Belgium (sales, marketing, and manufacturing of diamonds); and BVI, RSA, the UK, and Cyprus (technical and administrative services) and Botswana (diamond mining activities, currently on care and maintenance). It generates maximum revenue from the Belgium region. Its projects include Letseng Diamond mine and Ghaghoo Diamond mine. The company's revenue is derived from mining activities, polished manufacturing margins, and diamond analysis and manufacturing services.