Archer (CHIX:ARCHO) Accumulated Depreciation : kr0 Mil (As of Mar. 2024)

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What is Archer Accumulated Depreciation?

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

Archer's quarterly accumulated depreciation increased from Sep. 2023 (kr0 Mil) to Dec. 2023 (kr-8,364 Mil) but then stayed the same from Dec. 2023 (kr-8,364 Mil) to Mar. 2024 (kr0 Mil).

Archer's annual accumulated depreciation increased from Dec. 2021 (kr-6,160 Mil) to Dec. 2022 (kr-7,085 Mil) and increased from Dec. 2022 (kr-7,085 Mil) to Dec. 2023 (kr-8,364 Mil).

Archer Accumulated Depreciation Historical Data

The historical data trend for Archer'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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Archer Accumulated Depreciation Chart

Archer Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-4,844.08

-5,131.97

-6,160.14

-7,085.02

-8,363.56

Archer Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial															-	-	-	-8,363.56	-

Archer 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.

Archer Accumulated Depreciation Related Terms

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Archer (CHIX:ARCHO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Archer Ltd (CHIX:ARCHo) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

ARHVF:USA ARCHERo:Sweden ARCH:Norway

Address

Sandnesveien 358, Sandnes, NOR, 4312

Website

https://www.archerwell.com

Archer Ltd is an international oilfield service company providing various oilfield products and services through its area organizations. Its services include platform drilling, land drilling, directional drilling, underbalanced drilling, modular rigs, engineering services, equipment rentals, wireline services, pressure control, pressure pumping, production monitoring, well imaging and integrity management tools. The reporting segments of the company are Platform Operations, Well Services and Land Drilling. Majority of revenue is derived from Platform Operations segment. Platform Operations segment includes Platform Drilling, Modular rig, and Engineering services.

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