Gogo (LTS:0IYQ) Accumulated Depreciation : $-131.8 Mil (As of Sep. 2024)

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What is Gogo Accumulated Depreciation?

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

Gogo's quarterly accumulated depreciation increased from Mar. 2024 ($-124.6 Mil) to Jun. 2024 ($-127.9 Mil) and increased from Jun. 2024 ($-127.9 Mil) to Sep. 2024 ($-131.8 Mil).

Gogo's annual accumulated depreciation increased from Dec. 2021 ($-105.2 Mil) to Dec. 2022 ($-107.4 Mil) and increased from Dec. 2022 ($-107.4 Mil) to Dec. 2023 ($-121.3 Mil).

Gogo Accumulated Depreciation Historical Data

The historical data trend for Gogo'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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Gogo Accumulated Depreciation Chart

Gogo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-92.08

-99.39

-105.23

-107.37

-121.33

Gogo Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accumulated Depreciation	Get a 7-Day Free Trial															-117.03	-121.33	-124.64	-127.94	-131.77

Gogo 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.

Gogo Accumulated Depreciation Related Terms

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Gogo Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Gogo Inc (LTS:0IYQ) » Definitions » Accumulated Depreciation

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Traded in Other Exchanges

GOGO:USA G0G:Germany

Address

105 Edgeview Drive, Suite 300, Broomfield, CO, USA, 80021

Website

https://www.gogoair.com

Gogo Inc is a broadband connectivity service for the business aviation market. It provides a customizable suite of smart cabin systems for integrated connectivity, inflight entertainment, and voice solutions. Its business segment includes Business Aviation. It generates two types of revenue: service revenue consists of monthly subscription and usage fees paid by aircraft owners and operators for telecommunication, data, and in-flight entertainment services. and equipment revenue consists of proceeds from the sale of ATG and narrowband satellite connectivity equipment and is recognized when control of the equipment is transferred to OEMs and dealers, which generally occurs when the equipment is shipped.

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