Meikles (LSE:MIK) Accumulated Depreciation : $-323 Mil (As of Aug. 2023)

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What is Meikles Accumulated Depreciation?

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

Meikles's quarterly accumulated depreciation declined from Mar. 2022 ($-72 Mil) to Sep. 2022 ($0 Mil) but then increased from Sep. 2022 ($0 Mil) to Aug. 2023 ($-323 Mil).

Meikles's annual accumulated depreciation declined from Mar. 2019 ($-3 Mil) to Mar. 2020 ($-0 Mil) but then increased from Mar. 2020 ($-0 Mil) to Mar. 2021 ($-20 Mil).

Meikles Accumulated Depreciation Historical Data

The historical data trend for Meikles'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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Meikles Accumulated Depreciation Chart

Meikles Annual Data

Trend

Dec08

Dec09

Mar11

Mar12

Mar19

Mar20

Mar21

Accumulated Depreciation

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-9.36

-13.52

-3.10

-0.26

-20.27

Meikles Semi-Annual Data
	Dec09	Mar11	Mar12	Sep12	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Aug23
Accumulated Depreciation	Get a 7-Day Free Trial									-20.27	-	-72.34	-	-323.07

Meikles 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.

Meikles Accumulated Depreciation Related Terms

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Meikles (LSE:MIK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Meikles Ltd (LSE:MIK) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

MEIK.ZW:Zimbabwe

Address

4 Steppes Road, Highlands, Harare, ZWE

Website

https://www.meiklesltd.com

Meikles Ltd is a Zimbabwe-based investment holding company. Its business segments include Supermarkets, Hotels, properties, and security guard operations. It is organized into two geographical segments, Zimbabwe, and non-Zimbabwe. The majority of its revenue is generated from the Supermarkets segment within Zimbabwe.