Saipem SpA (Saipem SpA) Accumulated Depreciation : $0 Mil (As of Sep. 2023)

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What is Saipem SpA Accumulated Depreciation?

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

Saipem SpA's quarterly accumulated depreciation declined from Dec. 2022 ($-8,488 Mil) to Jun. 2023 ($-7,974 Mil) but then stayed the same from Jun. 2023 ($-7,974 Mil) to Sep. 2023 ($0 Mil).

Saipem SpA's annual accumulated depreciation declined from Dec. 2020 ($-12,120 Mil) to Dec. 2021 ($-11,560 Mil) but then stayed the same from Dec. 2021 ($-11,560 Mil) to Dec. 2022 ($-8,488 Mil).

Saipem SpA Accumulated Depreciation Historical Data

The historical data trend for Saipem SpA'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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Saipem SpA Accumulated Depreciation Chart

Saipem SpA Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accumulated Depreciation

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-10,564.28

-10,866.67

-12,120.44

-11,560.45

-8,488.35

Saipem SpA Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Jun23	Sep23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial															-8,438.69	-8,488.35	-7,974.00	-	-

Saipem SpA 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.

Saipem SpA Accumulated Depreciation Related Terms

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Saipem SpA (Saipem SpA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Saipem SpA (OTCPK:SAPMY) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

SAPMF:USA SPM:Italy 0RPI:UK SPEA:Germany SPEA:Germany

Address

Via Luigi Russolo, 5, Milano, ITA, 20138

Website

https://www.saipem.com

Saipem is a conglomerate of oil and gas engineering and construction and drilling services. The company began as the services appendage of oil major Eni, although today Eni as a customer accounts for generally less than 10% of revenue. Saipem is distinguished for leading industry megaprojects like the Nord Stream pipeline carrying large volumes of natural gas from Russia to European markets.

Saipem SpA (Saipem SpA) Headlines

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