NOV (BSP:N1OV34) Accumulated Depreciation : R$-16,297 Mil (As of Dec. 2023)

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What is NOV Accumulated Depreciation?

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

NOV's quarterly accumulated depreciation stayed the same from Jun. 2023 (R$0 Mil) to Sep. 2023 (R$0 Mil) but then increased from Sep. 2023 (R$0 Mil) to Dec. 2023 (R$-16,297 Mil).

NOV's annual accumulated depreciation declined from Dec. 2021 (R$-17,711 Mil) to Dec. 2022 (R$-16,402 Mil) but then stayed the same from Dec. 2022 (R$-16,402 Mil) to Dec. 2023 (R$-16,297 Mil).

NOV Accumulated Depreciation Historical Data

The historical data trend for NOV'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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NOV Accumulated Depreciation Chart

NOV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-12,243.72

-15,691.34

-17,711.15

-16,402.37

-16,296.74

NOV 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															-16,402.37	-	-	-	-16,296.74

NOV 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.

NOV Accumulated Depreciation Related Terms

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NOV (BSP:N1OV34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » NOV Inc (BSP:N1OV34) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

NOV:USA 0K58:UK NO8:Germany

Address

10353 Richmond Avenue, Houston, TX, USA, 77042-4103

Website

https://www.nov.com

NOV (formerly National Oilwell Varco) is a leading supplier of oil and gas drilling rig equipment and products, such as downhole tools, drill pipe, and well casing. The company operates on a global scale, with international markets contributing more than 60% of its annual revenue.

NOV (BSP:N1OV34) Headlines

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