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Independent Petroleum Group KSCP (KUW:IPG) Accumulated Depreciation : KWD-17 Mil (As of Dec. 2024)


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What is Independent Petroleum Group KSCP Accumulated Depreciation?

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

Independent Petroleum Group KSCP's quarterly accumulated depreciation stayed the same from Jun. 2024 (KWD0 Mil) to Sep. 2024 (KWD0 Mil) but then increased from Sep. 2024 (KWD0 Mil) to Dec. 2024 (KWD-17 Mil).

Independent Petroleum Group KSCP's annual accumulated depreciation increased from Dec. 2022 (KWD-14 Mil) to Dec. 2023 (KWD-16 Mil) and increased from Dec. 2023 (KWD-16 Mil) to Dec. 2024 (KWD-17 Mil).

Independent Petroleum Group KSCP Accumulated Depreciation Historical Data

The historical data trend for Independent Petroleum Group KSCP'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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Independent Petroleum Group KSCP Accumulated Depreciation Chart

Independent Petroleum Group KSCP Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -25.54 -13.83 -14.07 -16.02 -17.26

Independent Petroleum Group KSCP Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -16.02 - - - -17.26

Independent Petroleum Group KSCP 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.

Independent Petroleum Group KSCP Accumulated Depreciation Related Terms

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Independent Petroleum Group KSCP Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Independent Petroleum Group KSCP (KUW:IPG) » Definitions » Accumulated Depreciation
Comparable Companies
KUW:NAPESCO KUW:SOOR KUW:ABAR KUW:SENERGY KUW:ENERGYH KUW:OULAFUEL SAU:2222 XOM CVX LSE:SHEL SHSE:601857 XPAR:TTE HKSE:00386 LSE:BP. BSP:PETR3 ADX:ADNOCGAS OSL:EQNR MIL:ENI TSX:SU BOM:500312
Traded in Other Exchanges
N/A
Address
Block 1A, Street 7, 4th Ring Road, P.O. Box 24027, Building, No. 18, Jabriya, Safat, KWT, 13101
Website
https://ipg.com.kw
Independent Petroleum Group KSCP is engaged in the trading and marketing of crude oil, petroleum products. The trading of crude oil and petroleum products is also related to storage and distribution operations. LPG, petrochemicals, and fertilizers. In addition to this core activity, it has interests in terminals, pipelines, and shipping. The company is involved in trading of the following petroleum products - Motor gasoline, Jet fuels, Crude oils, Gas, Asphalt, and Naphtha. The group operates in Europe, the Middle East, Europe and Asia and the Far East where Africa and the Middle East region generates maximum revenue.