Genel Energy (Genel Energy) Accumulated Depreciation : $-3,084.00 Mil (As of Dec. 2023)

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What is Genel Energy Accumulated Depreciation?

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

Genel Energy's quarterly accumulated depreciation increased from Dec. 2022 ($-3,021.70 Mil) to Jun. 2023 ($-3,066.00 Mil) and increased from Jun. 2023 ($-3,066.00 Mil) to Dec. 2023 ($-3,084.00 Mil).

Genel Energy's annual accumulated depreciation increased from Dec. 2021 ($-2,781.80 Mil) to Dec. 2022 ($-3,021.70 Mil) and increased from Dec. 2022 ($-3,021.70 Mil) to Dec. 2023 ($-3,084.00 Mil).

Genel Energy Accumulated Depreciation Historical Data

The historical data trend for Genel Energy'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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Genel Energy Accumulated Depreciation Chart

Genel Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-3,326.00

-3,668.50

-2,781.80

-3,021.70

-3,084.00

Genel Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accumulated Depreciation	Get a 7-Day Free Trial															-2,781.80	-2,840.40	-3,021.70	-3,066.00	-3,084.00

Genel Energy 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.

Genel Energy Accumulated Depreciation Related Terms

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Genel Energy (Genel Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Genel Energy PLC (OTCPK:GEGYF) » Definitions » Accumulated Depreciation

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GENLl:UK GENL:UK 4VL:Germany

Address

Fifth Floor, 36 Broadway, Victoria, London, GBR, SW1H 0BH

Website

https://www.genelenergy.com

Genel Energy PLC produces oil and gas primarily in the Kurdistan region of Iraq. The Company has two reportable business segments: Production and Pre-production. Capital allocation decisions for the production segment are considered in the context of the cash flows expected from the production and sale of crude oil. The production segment is comprised of the producing fields on the Tawke PSC , the Taq Taq PSC and the Sarta PSC which are located in the KRI and make sales predominantly to the KRG. The pre-production segment is comprised of discovered resource held under the Qara Dagh PSC, the Bina Bawi PSC and the Miran PSC , all in the KRI and exploration activity, principally located in Somaliland and Morocco.