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GuruFocus has detected 7 Warning Signs with NGL Energy Partners LP $NGL.
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NGL Energy Partners LP (NYSE:NGL)
Accumulated Depreciation
$-376 Mil (As of Mar. 2017)

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

NGL Energy Partners LP's quarterly accumulated depreciation increased from Sep. 2016 ($-324 Mil) to Dec. 2016 ($-348 Mil) and increased from Dec. 2016 ($-348 Mil) to Mar. 2017 ($-376 Mil).

NGL Energy Partners LP's annual accumulated depreciation increased from Mar. 2015 ($-203 Mil) to Mar. 2016 ($-266 Mil) and increased from Mar. 2016 ($-266 Mil) to Mar. 2017 ($-376 Mil).


Definition

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.


Related Terms

Property, Plant and Equipment, Gross Property, Plant and Equipment


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

NGL Energy Partners LP Annual Data

Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16Mar17
AccumulatedDepreciation 0-6-8-3-13-50-110-203-266-376

NGL Energy Partners LP Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
AccumulatedDepreciation -181-203-237-270-305-266-293-324-348-376
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