SBE-Varvit SpA (MIL:VARV) Accumulated Depreciation : €-434.3 Mil (As of Dec. 2024)

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What is SBE-Varvit SpA Accumulated Depreciation?

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

SBE-Varvit SpA's quarterly accumulated depreciation increased from Dec. 2023 (€-401.3 Mil) to Jun. 2024 (€-417.5 Mil) and increased from Jun. 2024 (€-417.5 Mil) to Dec. 2024 (€-434.3 Mil).

SBE-Varvit SpA's annual accumulated depreciation increased from Dec. 2022 (€-366.9 Mil) to Dec. 2023 (€-401.3 Mil) and increased from Dec. 2023 (€-401.3 Mil) to Dec. 2024 (€-434.3 Mil).

SBE-Varvit SpA Accumulated Depreciation Historical Data

The historical data trend for SBE-Varvit SpA'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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SBE-Varvit SpA Accumulated Depreciation Chart

SBE-Varvit SpA Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Accumulated Depreciation

-366.93

-401.31

-434.35

SBE-Varvit SpA Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accumulated Depreciation	Get a 7-Day Free Trial			-366.93	-	-401.31	-417.49	-434.35

SBE-Varvit SpA 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.

SBE-Varvit SpA Accumulated Depreciation Related Terms

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SBE-Varvit SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SBE-Varvit SpA (MIL:VARV) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Lazzaretti 2/A, Reggio Emilia, ITA, 42122

Website

https://www.sbe.it

SBE-Varvit SpA is a company involved in the production of fasteners, and mechanical fastening joints of fundamental importance for many industrial sectors. It serves various sectors by offering products including screws, nuts, and cold-pressed products, of which a majority are manufactured internally, at its fully verticalized production facilities. The company operates in a single segment which is the production and sale of screws, bolts, and other mechanical components Geographically, it generates maximum revenue from Italy and the rest from the United States, Germany, Spain, France, and other countries.

SBE-Varvit SpA Headlines

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