MTN Nigeria Communications (NSA:MTNN) Accumulated Depreciation : ₦-1,312,113 Mil (As of Mar. 2024)

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What is MTN Nigeria Communications Accumulated Depreciation?

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

MTN Nigeria Communications's quarterly accumulated depreciation increased from Sep. 2023 (₦-1,168,035 Mil) to Dec. 2023 (₦-1,209,157 Mil) and increased from Dec. 2023 (₦-1,209,157 Mil) to Mar. 2024 (₦-1,312,113 Mil).

MTN Nigeria Communications's annual accumulated depreciation increased from Dec. 2021 (₦-820,587 Mil) to Dec. 2022 (₦-955,606 Mil) and increased from Dec. 2022 (₦-955,606 Mil) to Dec. 2023 (₦-1,209,157 Mil).

MTN Nigeria Communications Accumulated Depreciation Historical Data

The historical data trend for MTN Nigeria Communications'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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MTN Nigeria Communications Accumulated Depreciation Chart

MTN Nigeria Communications Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-772,393.00

-676,085.00

-820,587.00

-955,606.00

-1,209,157.00

MTN Nigeria Communications Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial															-1,046,031.00	-1,081,238.00	-1,168,035.00	-1,209,157.00	-1,312,113.00

MTN Nigeria Communications 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.

MTN Nigeria Communications Accumulated Depreciation Related Terms

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MTN Nigeria Communications (NSA:MTNN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » MTN Nigeria Communications PLC (NSA:MTNN) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Aromire Road, Off Alfred Rewane, Ikoyi, Lagos, NGA

Website

https://www.mtnonline.com

MTN Nigeria Communications PLC is a provider of communications services. The principal activities of the company are the provision of broadband fixed wireless access service, high-quality telecommunications services, and mobile financial services in Nigeria. The group operates in three reportable segments, namely, Consumer Business Unit (CBU) which consists of subscribers sitting in value propositions and tariff plans for Youth, High Value and Mass segments, Enterprise Business Unit (EBU) consists of small and medium organizations to whom the services are provided, and Wholesale Business Unit (WBU) serves customers who buy MTN telecom products. The majority of the revenue is generated from the CBU segment.

MTN Nigeria Communications (NSA:MTNN) Headlines

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