Advantage Energy (TSX:AAV) Accumulated Depreciation : C$-1,466.7 Mil (As of Mar. 2024)

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What is Advantage Energy Accumulated Depreciation?

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

Advantage Energy's quarterly accumulated depreciation increased from Sep. 2023 (C$-1,382.1 Mil) to Dec. 2023 (C$-1,425.6 Mil) and increased from Dec. 2023 (C$-1,425.6 Mil) to Mar. 2024 (C$-1,466.7 Mil).

Advantage Energy's annual accumulated depreciation increased from Dec. 2021 (C$-1,143.1 Mil) to Dec. 2022 (C$-1,277.0 Mil) and increased from Dec. 2022 (C$-1,277.0 Mil) to Dec. 2023 (C$-1,425.6 Mil).

Advantage Energy Accumulated Depreciation Historical Data

The historical data trend for Advantage 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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Advantage Energy Accumulated Depreciation Chart

Advantage Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-905.09

-1,376.98

-1,143.08

-1,277.00

-1,425.65

Advantage Energy 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															-1,310.70	-1,342.39	-1,382.07	-1,425.65	-1,466.66

Advantage 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.

Advantage Energy Accumulated Depreciation Related Terms

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Advantage Energy (TSX:AAV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Advantage Energy Ltd (TSX:AAV) » Definitions » Accumulated Depreciation

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Traded in Other Exchanges

AAVVF:USA 9SA0:Germany

Address

440 - 2nd Avenue SW, Suite 2200, Calgary, AB, CAN, T2P 5E9

Website

https://www.advantageog.com

Advantage Energy Ltd is a Canadian energy company primarily engaged in the extraction of natural gas and liquid resources. The company holds over 145,000 net acres of liquids-rich lands throughout Canada. Advantage Energy Ltd focuses on creating low-cost, low-emission Canadian energy for the world. The company sells crude and medium crude oil as well as conventional natural gas and liquid natural gas. Advantage Energy Ltd plans to grow by utilizing areas with high rate of return targets due to the presence of existing infrastructure capability.

Executives

John Larry Festival

Director

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