Seadrill (Seadrill) Accumulated Depreciation

: $-282 Mil (As of Dec. 2023)

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

Seadrill's quarterly accumulated depreciation increased from Jun. 2023 ($-124 Mil) to Sep. 2023 ($-221 Mil) and increased from Sep. 2023 ($-221 Mil) to Dec. 2023 ($-282 Mil).

Seadrill's annual accumulated depreciation declined from Dec. 2021 ($-838 Mil) to Dec. 2022 ($-96 Mil) but then increased from Dec. 2022 ($-96 Mil) to Dec. 2023 ($-282 Mil).

Seadrill Accumulated Depreciation Historical Data

The historical data trend for Seadrill'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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Seadrill Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

-838.00

-96.00

-282.00

Seadrill Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accumulated Depreciation								-96.00	-127.00	-124.00	-221.00	-282.00

Seadrill 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.

Seadrill Accumulated Depreciation Related Terms

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Seadrill (Seadrill) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Seadrill Ltd (NYSE:SDRL) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

SDRLo:Sweden SDRL:Norway SDRMo:UK P4F:Germany

Address

566 Chiswick High Road, Chiswick Business Park, Building 11, 2nd Floor, London, GBR, W4 5YS

Website

https://www.seadrill.com

Seadrill Ltd is an offshore drilling contractor company. It engages in providing worldwide offshore drilling services to the oil and gas industry. Its primary business is the ownership and operation of drillships, semi-submersible rigs, and jack-up rigs for operations in shallow to ultra-deepwater areas in both benign and harsh environments. It has three segments Harsh environment, Floaters and Jackups.