Marks Electrical Group (LSE:MRK) Accumulated Depreciation : £0.0 Mil (As of Sep. 2023)

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What is Marks Electrical Group Accumulated Depreciation?

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

Marks Electrical Group's quarterly accumulated depreciation increased from Sep. 2022 (£0.0 Mil) to Mar. 2023 (£-2.9 Mil) but then stayed the same from Mar. 2023 (£-2.9 Mil) to Sep. 2023 (£0.0 Mil).

Marks Electrical Group's annual accumulated depreciation increased from Mar. 2021 (£-1.0 Mil) to Mar. 2022 (£-1.8 Mil) and increased from Mar. 2022 (£-1.8 Mil) to Mar. 2023 (£-2.9 Mil).

Marks Electrical Group Accumulated Depreciation Historical Data

The historical data trend for Marks Electrical Group'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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Marks Electrical Group Accumulated Depreciation Chart

Marks Electrical Group Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Accumulated Depreciation

-1.32

-1.10

-1.04

-1.84

-2.93

Marks Electrical Group Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accumulated Depreciation	Get a 7-Day Free Trial				-1.33	-1.84	-	-2.93	-

Marks Electrical Group 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.

Marks Electrical Group Accumulated Depreciation Related Terms

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Marks Electrical Group (LSE:MRK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Marks Electrical Group PLC (LSE:MRK) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Boston Road, Leicester, GBR, LE4 1AU

Website

https://www.markselectrical.co.uk

Marks Electrical Group PLC sells, delivers, installs, and recycles a wide range of household electrical products. Primarily through its retail website - markselectrical.co.uk, the company offers over 3,000 products from over fifty brands across its main product categories, which include Cooking, Refrigeration, Washers & Dryers, Dishwashers and Audio-Visual. These products are sourced from UK distributors of the brands, with whom the group maintains strong and direct relationships. Delivery to customers is operated by its own skilled team of delivery drivers in its owned and branded vehicles, who are also able to offer installation and recycling services.