Accumulated Depreciation And Depletion (Historical)

Returns accumulated depreciation and depletion, the cumulative depreciation charged against fixed assets.

Parameters

Parameter Required Description
Symbol Yes Stock ticker symbol
Year Yes Fiscal year or period code
Quarter No Calendar quarter 1-4
TTM No Set to "TTM" for trailing twelve months

Notes

  • Usually a negative number (contra-asset)
  • Gross PP&E - Accumulated Depreciation = Net PP&E
  • Higher values indicate older asset base

Examples

=hf_Accumulated_depreciation_and_depletion("AAPL", 2023, 4)
Apple Q4 2023
=hf_Accumulated_depreciation_and_depletion("MSFT", "ly", 2)
Microsoft last year
=hf_Accumulated_depreciation_and_depletion(A1, B1, C1)
Cell references

When to Use

  • Asset age analysis
  • Calculating net PP&E from gross
  • Depreciation policy analysis
  • Capital investment timing analysis

When NOT to Use

Scenario Use Instead
Need annual depreciation hf_Depreciation()
Need net PP&E hf_Total_fixed_assets()
Need gross PP&E hf_Gross_fixed_assets_plant_property_and_equipment()

Common Issues & FAQ

Q: Why is this negative? A: Accumulated depreciation is a contra-asset account that reduces gross PP&E to net book value.

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