Ring Net Co (XKRX:042500) Accumulated Depreciation : ₩-2,856 Mil (As of Mar. 2024)

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What is Ring Net Co Accumulated Depreciation?

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

Ring Net Co's quarterly accumulated depreciation increased from Sep. 2023 (₩-2,626 Mil) to Dec. 2023 (₩-2,761 Mil) and increased from Dec. 2023 (₩-2,761 Mil) to Mar. 2024 (₩-2,856 Mil).

Ring Net Co's annual accumulated depreciation declined from Dec. 2021 (₩-2,493 Mil) to Dec. 2022 (₩-2,303 Mil) but then increased from Dec. 2022 (₩-2,303 Mil) to Dec. 2023 (₩-2,761 Mil).

Ring Net Co Accumulated Depreciation Historical Data

The historical data trend for Ring Net Co'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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Ring Net Co Accumulated Depreciation Chart

Ring Net Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-2,348.59

-2,963.45

-2,493.29

-2,302.52

-2,760.94

Ring Net Co 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															-2,463.34	-2,492.63	-2,625.52	-2,760.94	-2,856.49

Ring Net Co 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.

Ring Net Co Accumulated Depreciation Related Terms

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Ring Net Co (XKRX:042500) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ring Net Co Ltd (XKRX:042500) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 27, No. 409, Samsung IT Valley, 4th Floor, Guro-gu, Seoul, KOR

Website

http://www.ringnet.co.kr

Ring Net Co Ltd is a specialized ICT service company. It offers solutions in the business areas of Network integration, System integration, Advanced service, Cloud, Collaboration and Security. System integration establishes an optimum information system through convergence and integration of complex IT resources; Network Integration relates to building network architecture and optimizing network infrastructure; Advanced Service provides services according to IT life cycle for consulting, construction, maintenance, and optimization; Cloud service provides virtualization, server and storage solutions for cloud computing environments; Collaboration covers IT telephony, unified communication, video conference and CCTV solution; and Security area provides security solutions.

Ring Net Co (XKRX:042500) Headlines

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