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Inspecs Group (LSE:SPEC) Accumulated Depreciation : £-22.4 Mil (As of Dec. 2024)


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What is Inspecs Group Accumulated Depreciation?

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

Inspecs Group's quarterly accumulated depreciation declined from Dec. 2023 (£-18.9 Mil) to Jun. 2024 (£0.0 Mil) but then increased from Jun. 2024 (£0.0 Mil) to Dec. 2024 (£-22.4 Mil).

Inspecs Group's annual accumulated depreciation increased from Dec. 2022 (£-15.1 Mil) to Dec. 2023 (£-18.9 Mil) and increased from Dec. 2023 (£-18.9 Mil) to Dec. 2024 (£-22.4 Mil).

Inspecs Group Accumulated Depreciation Historical Data

The historical data trend for Inspecs 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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Inspecs Group Accumulated Depreciation Chart

Inspecs Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only -5.05 -9.78 -15.11 -18.90 -22.45

Inspecs Group Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -15.11 - -18.90 - -22.45

Inspecs 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.

Inspecs Group Accumulated Depreciation Related Terms

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Inspecs Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Inspecs Group PLC (LSE:SPEC) » Definitions » Accumulated Depreciation
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Traded in Other Exchanges
N/A
Address
Upper Bristol Road, 7-10 Kelso Place, Bath, Somerset, GBR, BA1 3AU
Website
https://www.inspecs.com
Inspecs Group PLC is a designer and manufacturer of eyewear frames and accessories. Its customers include optical and Non-optical retailers, distributors, and independent opticians. The company operations are spread across the United Kingdom, Europe (excluding the UK), South America, North America, Asia, Africa, and Australia. Its eyewear brands include Superdry, Savile Row, Farah, Hype, and Nascar, among others. It has three reporting segments: Frames and Optics product distribution, Manufacturing includes OEM and manufacturing distribution, and Lenses includes manufacturing and distribution of lenses.