The Financial CoOG (MUS:FINC) Accumulated Depreciation: ر.ع-0.50 Mil (As of Mar. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is The Financial CoOG Accumulated Depreciation?

The Financial CoOG MUS:FINC Accumulated Depreciation is ر.ع-0.50 Mil as of Mar. 2023.

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

The Financial CoOG's quarterly accumulated depreciation increased from Sep. 2022 (ر.ع-0.51 Mil) to Dec. 2022 (ر.ع-0.51 Mil) but then stayed the same from Dec. 2022 (ر.ع-0.51 Mil) to Mar. 2023 (ر.ع-0.50 Mil).

The Financial CoOG's annual accumulated depreciation increased from Dec. 2017 (ر.ع-0.42 Mil) to Dec. 2021 (ر.ع-0.49 Mil) and increased from Dec. 2021 (ر.ع-0.49 Mil) to Dec. 2022 (ر.ع-0.51 Mil).

The Financial CoOG Accumulated Depreciation Related Terms

The Financial CoOG Accumulated Depreciation Historical Data

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The historical data trend for The Financial CoOG'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.

The Financial CoOG Accumulated Depreciation Chart

The Financial CoOG Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Dec16 Dec17 Dec21 Dec22
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.37 -0.40 -0.42 -0.49 -0.51

The Financial CoOG Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 -0.50 -0.51 -0.51 -0.50

The Financial CoOG 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.

What does a Accumulated Depreciation of ر.ع-0.50 Mil mean?
The Financial CoOG (MUS:FINC) has a Accumulated Depreciation of ر.ع-0.50 Mil as of Mar. 2023. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on The Financial CoOG and its competitors.
Is The Financial CoOG's Accumulated Depreciation too high?
The Financial CoOG's current Accumulated Depreciation is ر.ع-0.50 Mil.
How does The Financial CoOG's Accumulated Depreciation compare to MS and GS?
The Financial CoOG's Accumulated Depreciation of ر.ع-0.50 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for a Capital Markets company?
A good Accumulated Depreciation depends on the Capital Markets industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on The Financial CoOG and its competitors. The Financial CoOG's current Accumulated Depreciation is ر.ع-0.50 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Financial CoOG stock overvalued right now?
The Financial CoOG (MUS:FINC) has a current Accumulated Depreciation of ر.ع-0.50 Mil. The current Accumulated Depreciation is ر.ع-0.50 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For The Financial CoOG (MUS:FINC), the current Accumulated Depreciation is ر.ع-0.50 Mil as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

The Financial CoOG Business Description

Address AlAthaiba - Way 48 AlAthaiba street, P.O.Box 782, Ruwi, OMN, 131
The Financial Corp Co SAOG is an Oman-based company engaged in the provision of investment banking and financial services. The company's operating segment includes Corporate Finance, Asset Management, Brokerage, and Corporate Research. Its Corporate Finance and advisory division offers the initial public offering, rights issues, private placement, private equity, mergers and acquisitions, divestments and others services. The Asset Management division manages two open-ended listed funds namely Al Amal Fund JIA and Majan Capital Fund JIA as well as discretionary portfolio management services. Brokerage division provides brokerage services. The Corporate Research division carries out research on the economy, financial markets, economic sectors, and corporations.