Theeb Car Rental Co (SAU:4261) Accumulated Depreciation : ﷼0 Mil (As of Mar. 2024)

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What is Theeb Car Rental Co Accumulated Depreciation?

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

Theeb Car Rental Co's quarterly accumulated depreciation increased from Sep. 2023 (﷼0 Mil) to Dec. 2023 (﷼-645 Mil) but then stayed the same from Dec. 2023 (﷼-645 Mil) to Mar. 2024 (﷼0 Mil).

Theeb Car Rental Co's annual accumulated depreciation increased from Dec. 2021 (﷼-478 Mil) to Dec. 2022 (﷼-582 Mil) and increased from Dec. 2022 (﷼-582 Mil) to Dec. 2023 (﷼-645 Mil).

Theeb Car Rental Co Accumulated Depreciation Historical Data

The historical data trend for Theeb Car Rental Co'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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Theeb Car Rental Co Accumulated Depreciation Chart

Theeb Car Rental Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

-378.48

-477.88

-581.53

-644.92

Theeb Car Rental Co Quarterly Data
	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												-	-	-	-644.92	-

Theeb Car Rental Co 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.

Theeb Car Rental Co Accumulated Depreciation Related Terms

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Theeb Car Rental Co (SAU:4261) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Theeb Car Rental Co (SAU:4261) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

North Ring Road, between Exit 12 and 13, P.O. Box 9551, Al Rawda District, Riyadh, SAU, 11423

Website

https://www.theebonline.com

Theeb Car Rental Co is engaged in car rental and leasing. It operates in three segments namely: Short term lease; Long term lease; and Other. Short term lease segment represents activities involving the leasing of cars to customers under short-term rental arrangements (daily and monthly). Long term lease segment represents activities involving the leasing of cars to customers under medium to longer-term operating lease arrangements. Car sales (others) represents the sales of vehicles that were previously held as a part of the lease or rental fleet. Majority of revenue is generated from Short term lease.

Theeb Car Rental Co (SAU:4261) Headlines

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