Encore Wire (STU:EW3) Accumulated Depreciation : €-288 Mil (As of Mar. 2024)

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What is Encore Wire Accumulated Depreciation?

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

Encore Wire's quarterly accumulated depreciation increased from Sep. 2023 (€-280 Mil) to Dec. 2023 (€-280 Mil) and increased from Dec. 2023 (€-280 Mil) to Mar. 2024 (€-288 Mil).

Encore Wire's annual accumulated depreciation increased from Dec. 2021 (€-235 Mil) to Dec. 2022 (€-265 Mil) and increased from Dec. 2022 (€-265 Mil) to Dec. 2023 (€-280 Mil).

Encore Wire Accumulated Depreciation Historical Data

The historical data trend for Encore Wire'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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Encore Wire Accumulated Depreciation Chart

Encore Wire Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-240.02

-233.39

-234.69

-265.01

-280.41

Encore Wire Quarterly Data
	Jun19	Sep19	Dec19	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															-267.87	-270.88	-280.34	-280.41	-288.08

Encore Wire 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.

Encore Wire Accumulated Depreciation Related Terms

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Encore Wire (STU:EW3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Encore Wire Corp (STU:EW3) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

WIRE:USA EW3:Germany

Address

1329 Millwood Road, McKinney, TX, USA, 75069

Website

https://www.encorewire.com

Encore Wire Corp is engaged in manufacturing electrical building wire and cable. It supplies building wire for interior electrical wiring in commercial and industrial buildings, homes, apartments, and manufactured housing. The company's principal customers are wholesale electrical distributors, who sell building wire and a variety of other products to electrical contractors. Encore offers an electrical building wire product line that consists primarily of NM-B cable, UF-B cable, THHN/THWN-2, XHHW-2, RHH/RHW-2, and other types of wire products, including tray cable, metal-clad, and armored cable.

Encore Wire (STU:EW3) Headlines

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