Itesoft annual depreciation and amortization
2019
2020
2021
2022
2023
Itesoft Depreciation & Amortization Growth & History (ITE)
Itesoft's depreciation and amortization was €1.7M for fiscal 2023.
View full Itesoft company overviewItesoft annual depreciation and amortization history
| Fiscal year | Period ended | Depreciation and amortization | Change | Growth |
|---|---|---|---|---|
| 2023 | 2023-12-31 | €1.7M | €372,000 | +27.78% |
| 2022 | 2022-12-31 | €1.3M | €139,000 | +11.58% |
| 2021 | 2021-12-31 | €1.2M | €47,000 | +4.08% |
| 2020 | 2020-12-31 | €1.2M | €36,000 | +3.22% |
| 2019 | 2019-12-31 | €1.1M | — | — |
Itesoft depreciation and amortization trends
Between the periods ended 2019-12-31 and 2023-12-31, Itesoft's depreciation and amortization increased from €1.1M to €1.7M, a change of €594,000.
About the metric
What depreciation and amortization mean
Depreciation and amortization allocate the cost of tangible and intangible assets over their useful lives. These non-cash expenses reduce reported earnings and are commonly added back when calculating EBITDA and operating cash flow.
Calculation and source
Reported depreciation and amortization
TickerStat uses a combined depreciation and amortization value when reported. If a company reports the two components separately for an aligned period, they are added together without duplicating overlapping facts. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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