Saras SpA (Saras SpA) Accumulated Depreciation : $-4,557 Mil (As of Mar. 2024)

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What is Saras SpA Accumulated Depreciation?

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

Saras SpA's quarterly accumulated depreciation increased from Sep. 2023 ($-4,370 Mil) to Dec. 2023 ($-4,519 Mil) and increased from Dec. 2023 ($-4,519 Mil) to Mar. 2024 ($-4,557 Mil).

Saras SpA's annual accumulated depreciation declined from Dec. 2021 ($-4,285 Mil) to Dec. 2022 ($-4,202 Mil) but then increased from Dec. 2022 ($-4,202 Mil) to Dec. 2023 ($-4,519 Mil).

Saras SpA Accumulated Depreciation Historical Data

The historical data trend for Saras 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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Saras SpA Accumulated Depreciation Chart

Saras SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-3,786.91

-4,339.34

-4,284.76

-4,202.16

-4,519.29

Saras SpA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial															-4,293.45	-4,395.69	-4,369.81	-4,519.29	-4,556.51

Saras 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.

Saras SpA Accumulated Depreciation Related Terms

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Saras SpA (Saras SpA) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

SAAFY:USA SRS:Italy SRSm:UK 0O2D:UK

Address

S.S. 195 Sulcitana, Km 19, Cagliari, Sarroch, ITA, 09018

Website

https://www.saras.it

Saras SpA is a processor of crude oil and marketer and distributor of petroleum byproducts. Refining operations are conducted at facilities located near the Mediterranean Sea. Majority of the refineries production is medium and light distillates with low environmental impact (mainly diesel and gasoline). Under Saras Trading, the company purchases crude oils and other feedstock for the refinery, sells the refined oil, and participates in third party trading. Products sold and distributed by Saras and its subsidiaries include diesel, gasoline, heating oil, liquefied petroleum gas, naphtha, and aviation fuel. Products are sold primarily on Spanish and Italian markets. Additional services include wind farm operations, and engineering and scientific research services.