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SMSOF (Samsonite Group) Accumulated Depreciation : $-565 Mil (As of Dec. 2024)


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What is Samsonite Group Accumulated Depreciation?

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

Samsonite Group's quarterly accumulated depreciation declined from Dec. 2023 ($-589 Mil) to Jun. 2024 ($0 Mil) but then increased from Jun. 2024 ($0 Mil) to Dec. 2024 ($-565 Mil).

Samsonite Group's annual accumulated depreciation increased from Dec. 2022 ($-566 Mil) to Dec. 2023 ($-589 Mil) but then stayed the same from Dec. 2023 ($-589 Mil) to Dec. 2024 ($-565 Mil).

Samsonite Group Accumulated Depreciation Historical Data

The historical data trend for Samsonite Group'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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Samsonite Group Accumulated Depreciation Chart

Samsonite Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -650.30 -601.80 -565.60 -588.60 -565.40

Samsonite Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -565.60 - -588.60 - -565.40

Samsonite Group 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.

Samsonite Group Accumulated Depreciation Related Terms

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Samsonite Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Samsonite Group SA (OTCPK:SMSOF) » Definitions » Accumulated Depreciation
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Traded in Other Exchanges
SMSEY:USA 01910:Hong Kong 1SO:Germany 1SO:Germany
Address
13-15, Avenue de la Liberte, Luxembourg, LUX, L-1931
Website
https://www.corporate.samsonite.com
Samsonite is the world's largest luggage company with a 20% market share in 2023. The company produces and sells travel luggage under various brands targeting the mid-market to high-end consumers. The group's key brand is Samsonite, whose market presence is well established, followed by Tumi, the high-end brand acquired in 2016, which alongside mass-market brand American Tourister, are the next largest earnings contributors. The majority of its products are manufactured by third parties, but Samsonite does produce its own select proprietary materials.