Cardinal Energy (TSX:CJ) Accumulated Depreciation : C$-884.1 Mil (As of Dec. 2023)

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What is Cardinal Energy Accumulated Depreciation?

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

Cardinal Energy's quarterly accumulated depreciation increased from Jun. 2023 (C$-845.8 Mil) to Sep. 2023 (C$-869.9 Mil) and increased from Sep. 2023 (C$-869.9 Mil) to Dec. 2023 (C$-884.1 Mil).

Cardinal Energy's annual accumulated depreciation declined from Dec. 2021 (C$-812.9 Mil) to Dec. 2022 (C$-799.3 Mil) but then increased from Dec. 2022 (C$-799.3 Mil) to Dec. 2023 (C$-884.1 Mil).

Cardinal Energy Accumulated Depreciation Historical Data

The historical data trend for Cardinal 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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Cardinal Energy Accumulated Depreciation Chart

Cardinal Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-672.09

-958.79

-812.95

-799.26

-884.11

Cardinal Energy 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															-799.26	-820.67	-845.79	-869.88	-884.11

Cardinal 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.

Cardinal Energy Accumulated Depreciation Related Terms

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Cardinal Energy (TSX:CJ) Business Description

Industry

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

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Traded in Other Exchanges

CRLFF:USA C0Y:Germany

Address

400 - 3rd Avenue SW, Suite 600, Calgary, AB, CAN, T2P 4H2

Website

https://www.cardinalenergy.ca

Cardinal Energy Ltd is an oil-focused Canadian company. The company's principal business activity is the acquisition, exploration, and production of petroleum and natural gas in the provinces of Alberta and Saskatchewan.