Gulf Marine Services (LSE:GMS) Accumulated Depreciation : £-298.5 Mil (As of Dec. 2023)

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What is Gulf Marine Services Accumulated Depreciation?

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

Gulf Marine Services's quarterly accumulated depreciation declined from Dec. 2022 (£-315.5 Mil) to Jun. 2023 (£-306.2 Mil) but then stayed the same from Jun. 2023 (£-306.2 Mil) to Dec. 2023 (£-298.5 Mil).

Gulf Marine Services's annual accumulated depreciation increased from Dec. 2021 (£-275.1 Mil) to Dec. 2022 (£-315.5 Mil) but then stayed the same from Dec. 2022 (£-315.5 Mil) to Dec. 2023 (£-298.5 Mil).

Gulf Marine Services Accumulated Depreciation Historical Data

The historical data trend for Gulf Marine Services'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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Gulf Marine Services Accumulated Depreciation Chart

Gulf Marine Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-192.47

-264.50

-275.06

-315.53

-298.52

Gulf Marine Services 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															-275.06	-300.79	-315.53	-306.19	-298.52

Gulf Marine Services 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.

Gulf Marine Services Accumulated Depreciation Related Terms

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Gulf Marine Services (LSE:GMS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gulf Marine Services PLC (LSE:GMS) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

GMSl:UK G0M:Germany

Address

P.O. Box 46046, Abu Dhabi, ARE

Website

https://www.gmsplc.com

Gulf Marine Services PLC is a United Kingdom-based operator of self-propelled and self-elevating support vessels (SESVs). Its assets provide a stable platform for the delivery of a range of services performed by the company's clients throughout the total lifecycle of offshore oil, gas, and renewable energy activities. Its operating business segments include K-Class vessels, which include the Kamikaze, Kikuyu, Kawawa, Kudeta, Keloa, and Pepper vessels; S-Class vessels, which include the Shamal, Scirocco, and Sharqi vessels, E-Class vessels, which include the Endeavour, Endurance, Enterprise and Evolution vessels; and Other vessels segment.