Smartgroup (Smartgroup) Accumulated Depreciation : $-4.8 Mil (As of Dec. 2023)

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What is Smartgroup Accumulated Depreciation?

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

Smartgroup's quarterly accumulated depreciation declined from Dec. 2022 ($-3.1 Mil) to Jun. 2023 ($0.0 Mil) but then increased from Jun. 2023 ($0.0 Mil) to Dec. 2023 ($-4.8 Mil).

Smartgroup's annual accumulated depreciation declined from Dec. 2021 ($-8.8 Mil) to Dec. 2022 ($-3.1 Mil) but then increased from Dec. 2022 ($-3.1 Mil) to Dec. 2023 ($-4.8 Mil).

Smartgroup Accumulated Depreciation Historical Data

The historical data trend for Smartgroup'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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Smartgroup Accumulated Depreciation Chart

Smartgroup Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-8.88

-10.07

-8.75

-3.09

-4.78

Smartgroup Semi-Annual Data
	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														-8.75	-	-3.09	-	-4.78

Smartgroup 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.

Smartgroup Accumulated Depreciation Related Terms

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Smartgroup (Smartgroup) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Smartgroup Corporation Ltd (OTCPK:STGXF) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

SIQ:Australia

Address

133 Castlereagh Street, National Head Office, Level 8, Sydney, NSW, AUS, 2000

Website

http://www.smartgroup.com.au

Smartgroup Corporation is an Australia-based company that provides specialist employee management services. Its services include salary packaging, novated leasing, vehicle fleet management, payroll administration, employee share plan administration and workforce optimization. The operating segments of the company are: outsourced administration, or OA, vehicle services, or VS, and software, distribution and group services, or SDGS. Bulk of the group's revenue is generated from the OA segment which provides outsourced salary packaging services, novated leasing, share plan administration and outsourced payroll services. VS segment provides end-to-end vehicle fleet management services.

Smartgroup (Smartgroup) Headlines

From GuruFocus

Full Year 2023 Smartgroup Corporation Ltd Earnings Presentation Transcript

By GuruFocus Research • 02-28-2024