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ALCE (Alternus Clean Energy) Accumulated Depreciation : $-0.22 Mil (As of Sep. 2024)


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What is Alternus Clean Energy Accumulated Depreciation?

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

Alternus Clean Energy's quarterly accumulated depreciation increased from Mar. 2024 ($-7.71 Mil) to Jun. 2024 ($-8.18 Mil) but then stayed the same from Jun. 2024 ($-8.18 Mil) to Sep. 2024 ($-0.22 Mil).

Alternus Clean Energy's annual accumulated depreciation increased from Dec. 2021 ($-9.71 Mil) to Dec. 2022 ($-10.14 Mil) but then stayed the same from Dec. 2022 ($-10.14 Mil) to Dec. 2023 ($-7.33 Mil).

Alternus Clean Energy Accumulated Depreciation Historical Data

The historical data trend for Alternus Clean 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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Alternus Clean Energy Accumulated Depreciation Chart

Alternus Clean Energy Annual Data
Trend Dec21 Dec22 Dec23
Accumulated Depreciation
-9.71 -10.14 -7.33

Alternus Clean Energy Quarterly Data
Dec21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only - -7.33 -7.71 -8.18 -0.22

Alternus Clean 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.

Alternus Clean Energy Accumulated Depreciation Related Terms

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Alternus Clean Energy Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Alternus Clean Energy Inc (OTCPK:ALCE) » Definitions » Accumulated Depreciation
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Traded in Other Exchanges
N/A
Address
360 Kingsley Park Drive, Suite 250, Fort Mill, SC, USA, 29715
Website
https://www.alternusenergy.com
Alternus Clean Energy Inc is an international independent clean energy producer. It develops, installs, owns and operates a diverse portfolio of utility-scale solar photovoltaic power stations (PV parks) in Europe and the USA as a long-term owner. The solar parks benefit from long-term government offtake contracts and/or Power Purchase Agreements (PPAs) with investment grade off-takers, plus energy sales to local power grids. It has approximately 8 operating parks, a total of 44 MWp in operation.