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Summerset Group Holdings (NZSE:SUM) Accumulated Depreciation : NZ$-34.6 Mil (As of Dec. 2023)


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What is Summerset Group Holdings Accumulated Depreciation?

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

Summerset Group Holdings's quarterly accumulated depreciation declined from Dec. 2022 (NZ$-28.3 Mil) to Jun. 2023 (NZ$0.0 Mil) but then increased from Jun. 2023 (NZ$0.0 Mil) to Dec. 2023 (NZ$-34.6 Mil).

Summerset Group Holdings's annual accumulated depreciation increased from Dec. 2021 (NZ$-23.2 Mil) to Dec. 2022 (NZ$-28.3 Mil) and increased from Dec. 2022 (NZ$-28.3 Mil) to Dec. 2023 (NZ$-34.6 Mil).


Summerset Group Holdings Accumulated Depreciation Historical Data

The historical data trend for Summerset Group Holdings'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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Summerset Group Holdings Accumulated Depreciation Chart

Summerset Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.50 -18.32 -23.17 -28.31 -34.65

Summerset Group Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -23.17 - -28.31 - -34.65

Summerset Group Holdings 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.


Summerset Group Holdings Accumulated Depreciation Related Terms

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Summerset Group Holdings (NZSE:SUM) Business Description

Traded in Other Exchanges
Address
100 Willis Street, Level 27, Majestic Centre, Wellington, NZL, 6011
Summerset Group Holdings Ltd operates retirement villages in New Zealand. The company receives a majority of its revenue from the New Zealand Ministry of Health, which subsidizes fees for eligible aged-care residents. Its revenue is primarily derived from care fees and village services income. Summerset provides a range of care for its residents, including in-home care and 24-hour medical-care centers. In addition to its independent-living villas and apartments, Summerset offers supported-living residences, which include assistance with daily activities like shopping and housekeeping.