Schoeller-Bleckmann Oilfield Equipment AG (Schoeller-Bleckmann Oilfield Equipment AG) Accumulated Depreciation : $-403.1 Mil (As of Dec. 2023)

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What is Schoeller-Bleckmann Oilfield Equipment AG Accumulated Depreciation?

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

Schoeller-Bleckmann Oilfield Equipment AG's quarterly accumulated depreciation stayed the same from Jun. 2023 ($0.0 Mil) to Sep. 2023 ($0.0 Mil) but then increased from Sep. 2023 ($0.0 Mil) to Dec. 2023 ($-403.1 Mil).

Schoeller-Bleckmann Oilfield Equipment AG's annual accumulated depreciation declined from Dec. 2021 ($-405.7 Mil) to Dec. 2022 ($-400.6 Mil) but then increased from Dec. 2022 ($-400.6 Mil) to Dec. 2023 ($-403.1 Mil).

Schoeller-Bleckmann Oilfield Equipment AG Accumulated Depreciation Historical Data

The historical data trend for Schoeller-Bleckmann Oilfield Equipment AG'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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Schoeller-Bleckmann Oilfield Equipment AG Accumulated Depreciation Chart

Schoeller-Bleckmann Oilfield Equipment AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-374.04

-397.46

-405.71

-400.57

-403.08

Schoeller-Bleckmann Oilfield Equipment AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accumulated Depreciation	Get a 7-Day Free Trial															-400.57	-	-	-	-403.08

Schoeller-Bleckmann Oilfield Equipment AG 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.

Schoeller-Bleckmann Oilfield Equipment AG Accumulated Depreciation Related Terms

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Schoeller-Bleckmann Oilfield Equipment AG (Schoeller-Bleckmann Oilfield Equipment AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Schoeller-Bleckmann Oilfield Equipment AG (OTCPK:SBOEY) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

0O05:UK SLL:Germany SBO:Austria

Address

Hauptstrasse 2, Ternitz, AUT, A-2630

Website

https://www.sbo.at

Schoeller-Bleckmann Oilfield Equipment AG, or SBO, provides high-precision components worldwide and supplies oilfield equipment for the oilfield services industry. The company focuses on non-magnetic drillstring components and high-tech downhole tools for the drilling and completion of directional and horizontal wells. Schoeller-Bleckmann also provides full-scale repair and maintenance services to its client base. Tools under SBO's high-precision segment are placed in a drill string to support drill bit steering based on real-time data gathered during drilling. Oilfield equipment segment products include non-magnetic drillstring components, drilling motors, circulation tools, and well-completion equipment.

Schoeller-Bleckmann Oilfield Equipment AG (Schoeller-Bleckmann Oilfield Equipment AG) Headlines

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