$49 per month*
.
Subscribe to Pro or Enterprise plans to unlock this feature.
Subscribe to Pro or Enterprise plans to unlock this feature.
Become a smarter investor today.
Become a smarter investor today.
Category | Q3 2020 | Q2 2021 | Q3 2021 |
Carried volume | 0.7 | 0.9 | 0.8 |
(All figures are in millions)
Zim Integrated’s Total Carried Volume increases by YOY and QOQ basis. Earlier in Q3 2020 company holds a revenue of $0.7 million while in the next year Q3 2021 it rises to $0.8 million showing an increase of 14.28%.
What is Total Carried Volume is referred to as?
Carrying value is a term used in business to represent the worth of a company’s assets. It refers to the act of carrying the cost of an asset over various accounting periods, as they’re writing off its value over time. If they’re responsible for the organization’s accounting, it’s also important to understand how to calculate carrying value on a balance sheet to determine an accurate worth.
How to calculate Total Carried Volume?
To calculate carrying value, we first must determine the annual depreciation amount for an asset. Companies sometimes use this method called straight-line depreciation:
From the original cost of an asset, subtract the amount you expect to receive for it once it has served its usefulness.
Divide the difference into several years you expect the asset to function well. The quotient here is the depreciation amount, which accumulates with every year of asset use.
At the end of the asset’s useful life, subtract total accumulated depreciation to determine the asset’s carrying value.
Zim Integrated is launched in Israel in 1945, then became a pioneer in container shipping in the early 1970s, and has established itself as a leading global, asset-light container liner shipping company. They provide customers with innovative seaborne transportation and logistics services, covering the world’s major trade routes and focusing on select markets where they have competitive advantages and can maximize our market position.
Did you like Zim Integrated’s Total Carried Volume statistic?
Access more such KPI data points and segment financials on thousands of US stocks, with Business Quant.
You can get started here.
Always know what you’ll pay. No hidden costs or surprises.
* Billed annually, local taxes extra.
* Local taxes extra.
.