Cathedral Energy Services (Cathedral Energy Services) Accumulated Depreciation : $-74.0 Mil (As of Dec. 2023)

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What is Cathedral Energy Services Accumulated Depreciation?

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

Cathedral Energy Services's quarterly accumulated depreciation increased from Jun. 2023 ($-62.6 Mil) to Sep. 2023 ($-67.9 Mil) and increased from Sep. 2023 ($-67.9 Mil) to Dec. 2023 ($-74.0 Mil).

Cathedral Energy Services's annual accumulated depreciation increased from Dec. 2021 ($-35.1 Mil) to Dec. 2022 ($-49.9 Mil) and increased from Dec. 2022 ($-49.9 Mil) to Dec. 2023 ($-74.0 Mil).

Cathedral Energy Services Accumulated Depreciation Historical Data

The historical data trend for Cathedral Energy Services'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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Cathedral Energy Services Accumulated Depreciation Chart

Cathedral Energy Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-72.72

-29.81

-35.14

-49.88

-73.96

Cathedral Energy Services 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															-49.88	-55.11	-62.60	-67.88	-73.96

Cathedral Energy Services 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.

Cathedral Energy Services Accumulated Depreciation Related Terms

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Cathedral Energy Services (Cathedral Energy Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cathedral Energy Services Ltd (OTCPK:CETEF) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

CET:Canada

Address

6030 - 3rd Street S.E., Calgary, AB, CAN, T2H 1K2

Website

https://www.cathedralenergyservices.com

Cathedral Energy Services Ltd is a Canadian-based company that is involved and engaged in the business of providing directional drilling services to oil and natural gas companies in western Canada and the United States. The Directional Drilling division provides horizontal, directional, and underbalanced drilling services. Geographically the company caters its services to Canada and the United States, of which a majority of the revenue is derived from United States.