Non-Current Assets
Accumulated Depreciation
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalLower is better
VolatilityStable
Parent metricPP&E (Net)
Rolls up to
How to read this metric
A rising balance relative to gross assets suggests an aging infrastructure, potentially signaling a need for future capital expenditure to replace equipment.
Detailed definition
This is the cumulative amount of depreciation expense charged against the company's tangible assets since their acquisit...
Peer comparison
Commonly found in the balance sheet or notes for all companies with significant physical property, plant, and equipment.
Metric ID:
ppe_accumulated_depreciationAccumulated Depreciation at Other Companies
Frequently Asked Questions
- What does accumulated depreciation mean?
- The total amount of depreciation recorded against physical assets over time.