Swastik Pipe (NSE:SWASTIK) Accumulated Depreciation : ₹-529 Mil (As of Mar. 2023)

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What is Swastik Pipe Accumulated Depreciation?

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

Swastik Pipe's quarterly accumulated depreciation increased from Mar. 2021 (₹-474 Mil) to Mar. 2022 (₹-487 Mil) and increased from Mar. 2022 (₹-487 Mil) to Mar. 2023 (₹-529 Mil).

Swastik Pipe's annual accumulated depreciation increased from Mar. 2021 (₹-474 Mil) to Mar. 2022 (₹-487 Mil) and increased from Mar. 2022 (₹-487 Mil) to Mar. 2023 (₹-529 Mil).

Swastik Pipe Accumulated Depreciation Historical Data

The historical data trend for Swastik Pipe'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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Swastik Pipe Accumulated Depreciation Chart

Swastik Pipe Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Accumulated Depreciation

-444.43

-474.50

-487.19

-528.70

Swastik Pipe Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Accumulated Depreciation	-444.43	-474.50	-487.19	-528.70

Swastik Pipe 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.

Swastik Pipe Accumulated Depreciation Related Terms

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Swastik Pipe (NSE:SWASTIK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Swastik Pipe Ltd (NSE:SWASTIK) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

2, Arihant Nagar, Punjabi Bagh (West), New Delhi, IND, 110026

Website

https://www.swastikpipes.com

Swastik Pipe Ltd is the manufacturer and exporter of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, API Pipe, Stainless Steel Tubes, Cold Rolled Steel (CR) Strips/ Coils, Swaged Type Tubular Poles, and Solar Structure.

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