Hi-Tech Pipes (NSE:HITECH) Accumulated Depreciation : ₹0 Mil (As of Mar. 2024)

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What is Hi-Tech Pipes Accumulated Depreciation?

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

Hi-Tech Pipes's annual accumulated depreciation increased from Mar. 2022 (₹-402 Mil) to Mar. 2023 (₹-532 Mil) but then stayed the same from Mar. 2023 (₹-532 Mil) to Mar. 2024 (₹0 Mil).

Hi-Tech Pipes Accumulated Depreciation Historical Data

The historical data trend for Hi-Tech Pipes'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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Hi-Tech Pipes Accumulated Depreciation Chart

Hi-Tech Pipes Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accumulated Depreciation

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-222.82

-305.69

-401.80

-532.13

Hi-Tech Pipes 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															-532.13	-	-	-	-

Hi-Tech Pipes 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.

Hi-Tech Pipes Accumulated Depreciation Related Terms

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Hi-Tech Pipes (NSE:HITECH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Hi-Tech Pipes Ltd (NSE:HITECH) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

543411:India

Address

505, Pearls Omaxe Tower, Netaji Subhash Place, Pitampura, New Delhi, IND, 110034

Website

https://www.hitechpipes.in

Hi-Tech Pipes Ltd is engaged in the manufacturing and marketing of a wide range of steel tubes. Its products are used in different industries like Infrastructure including telecom, defense, power distribution, railways, airports, Construction, Agriculture, and others. The company's product includes Black Steel Tubes; Rectangular and Hollow sections; Galvanised Steel Tubes; Metal Beam Highway Crash Barrier; Cold Rolling Coils and Cold Formed Sections.

Hi-Tech Pipes (NSE:HITECH) Headlines

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