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Innovex Downhole Solutions (Innovex Downhole Solutions) Accumulated Depreciation : $-58.47 Mil (As of Sep. 2023)


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What is Innovex Downhole Solutions Accumulated Depreciation?

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

Innovex Downhole Solutions's quarterly accumulated depreciation increased from Sep. 2022 ($0.00 Mil) to Dec. 2022 ($-55.49 Mil) and increased from Dec. 2022 ($-55.49 Mil) to Sep. 2023 ($-58.47 Mil).

Innovex Downhole Solutions's annual accumulated depreciation declined from . 20 ($0.00 Mil) to Dec. 2021 ($-52.72 Mil) but then increased from Dec. 2021 ($-52.72 Mil) to Dec. 2022 ($-55.49 Mil).


Innovex Downhole Solutions Accumulated Depreciation Historical Data

The historical data trend for Innovex Downhole Solutions'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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Innovex Downhole Solutions Accumulated Depreciation Chart

Innovex Downhole Solutions Annual Data
Trend Dec21 Dec22
Accumulated Depreciation
-52.72 -55.49

Innovex Downhole Solutions Quarterly Data
Dec21 Sep22 Dec22 Sep23
Accumulated Depreciation -52.72 - -55.49 -58.47

Innovex Downhole Solutions 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.


Innovex Downhole Solutions Accumulated Depreciation Related Terms

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Innovex Downhole Solutions (Innovex Downhole Solutions) Business Description

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Innovex Downhole Solutions Inc designs, manufactures, sells and rents mission critical engineered products to the global oil and natural gas industry. Its products include Well head system, Drilling and development, Well construction, Well completion, Production solution and fishing and intervention.

Innovex Downhole Solutions (Innovex Downhole Solutions) Headlines

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