Turbo Energy (STU:X8WA) Accumulated Depreciation : €-0.04 Mil (As of Jun. 2024)

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What is Turbo Energy Accumulated Depreciation?

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

Turbo Energy's quarterly accumulated depreciation increased from Jun. 2023 (€-0.03 Mil) to Dec. 2023 (€-0.04 Mil) and increased from Dec. 2023 (€-0.04 Mil) to Jun. 2024 (€-0.04 Mil).

Turbo Energy's annual accumulated depreciation declined from Dec. 2021 (€-0.05 Mil) to Dec. 2022 (€-0.02 Mil) but then increased from Dec. 2022 (€-0.02 Mil) to Dec. 2023 (€-0.04 Mil).

Turbo Energy Accumulated Depreciation Historical Data

The historical data trend for Turbo Energy'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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Turbo Energy Accumulated Depreciation Chart

Turbo Energy Annual Data

Trend

Dec21

Dec22

Dec23

Accumulated Depreciation

-0.05

-0.02

-0.04

Turbo Energy Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Accumulated Depreciation	Get a 7-Day Free Trial			-	-0.02	-0.03	-0.04	-0.04

Turbo Energy 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.

Turbo Energy Accumulated Depreciation Related Terms

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Turbo Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Turbo Energy SA (STU:X8WA) » Definitions » Accumulated Depreciation

Traded in Other Exchanges

TURB:USA

Address

Isabel la Catolica Street, 8, Offices 50-51, Valencia, ESP, 46004

Website

https://www.turbo-e.com

Turbo Energy SA is a company that specializes in designing, developing, and distributing equipment for the generation, management, and storage of photovoltaic energy. The company's primary activities include acquiring, distributing, and selling electrical and electronic materials for renewable energy projects, such as solar panels, inverters, chargers, regulators, batteries, and structures. The storage products are managed through a software system optimized by artificial intelligence, which is controlled from the cloud and through the installation inverter. Turbo Energy sells inverters, batteries, and photovoltaic modules to installers and other distributors for residential consumers in Spain.

Turbo Energy Headlines

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