TMTNF (Toromont Industries) Accumulated Depreciation : $-786 Mil (As of Sep. 2024)

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What is Toromont Industries Accumulated Depreciation?

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

Toromont Industries's quarterly accumulated depreciation increased from Mar. 2024 ($-746 Mil) to Jun. 2024 ($-752 Mil) and increased from Jun. 2024 ($-752 Mil) to Sep. 2024 ($-786 Mil).

Toromont Industries's annual accumulated depreciation increased from Dec. 2021 ($-621 Mil) to Dec. 2022 ($-666 Mil) and increased from Dec. 2022 ($-666 Mil) to Dec. 2023 ($-743 Mil).

Toromont Industries Accumulated Depreciation Historical Data

The historical data trend for Toromont Industries'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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Toromont Industries Accumulated Depreciation Chart

Toromont Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-484.70

-552.42

-620.64

-665.91

-743.07

Toromont Industries Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accumulated Depreciation	Get a 7-Day Free Trial															-715.00	-743.07	-745.55	-751.82	-786.41

Toromont Industries 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.

Toromont Industries Accumulated Depreciation Related Terms

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Toromont Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Toromont Industries Ltd (OTCPK:TMTNF) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

14T:Germany TIH:Canada

Address

3131 Highway 7 West, P.O. Box 5511, Concord, ON, CAN, L4K 1B7

Website

https://www.toromont.com

Toromont Industries Ltd is a Canadian industrial company. The company operates two business segments: Equipment Group and CIMCO. The larger segment by revenue, Equipment Group supplies and rents mobile and stationary machines used in road building, mining, aggregates, public infrastructure, residential construction, power generation, agriculture, forestry, truck engines, industrial, demolition and waste management. CIMCO offers solutions for the design, engineering, fabrication, and installation of industrial and recreational refrigeration systems. The company operates majorly in Canada and derives a smaller portion of sales from the United States of America and other regions.