Saudi Aramco Base Oil Co - Luberef (SAU:2223) Accumulated Depreciation : ﷼-4,095 Mil (As of Mar. 2024)

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What is Saudi Aramco Base Oil Co - Luberef Accumulated Depreciation?

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

Saudi Aramco Base Oil Co - Luberef's quarterly accumulated depreciation increased from Sep. 2023 (﷼-3,954 Mil) to Dec. 2023 (﷼-4,022 Mil) and increased from Dec. 2023 (﷼-4,022 Mil) to Mar. 2024 (﷼-4,095 Mil).

Saudi Aramco Base Oil Co - Luberef's annual accumulated depreciation increased from Dec. 2021 (﷼-3,389 Mil) to Dec. 2022 (﷼-3,720 Mil) and increased from Dec. 2022 (﷼-3,720 Mil) to Dec. 2023 (﷼-4,022 Mil).

Saudi Aramco Base Oil Co - Luberef Accumulated Depreciation Historical Data

The historical data trend for Saudi Aramco Base Oil Co - Luberef'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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Saudi Aramco Base Oil Co - Luberef Accumulated Depreciation Chart

Saudi Aramco Base Oil Co - Luberef Annual Data

Trend

Dec21

Dec22

Dec23

Accumulated Depreciation

-3,389.18

-3,719.67

-4,022.14

Saudi Aramco Base Oil Co - Luberef Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial					-3,797.48	-3,873.84	-3,953.98	-4,022.14	-4,094.93

Saudi Aramco Base Oil Co - Luberef 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.

Saudi Aramco Base Oil Co - Luberef Accumulated Depreciation Related Terms

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Saudi Aramco Base Oil Co - Luberef (SAU:2223) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Saudi Aramco Base Oil Co - Luberef (SAU:2223) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Saudi Aramco Industrial Area, P.O. Box 5518, Jeddah, SAU, 21432

Website

https://www.luberef.com

Saudi Aramco Base Oil Co - Luberef is engaged in constructing, owning, and operating refineries of lubricating oils and to purchase, sell, transporting, marketing, importing, and exporting lubricating oils, additives, lubricating oil blending stocks, byproducts, and other related petroleum products. Geographically, the company operates in the Kingdom of Saudi Arabia, the United Arab Emirates, India, Egypt, Singapore, and Others.

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