Velocys (LSE:VLS) Accumulated Depreciation : £-9.34 Mil (As of Jun. 2023)

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What is Velocys Accumulated Depreciation?

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

Velocys's quarterly accumulated depreciation increased from Jun. 2022 (£-9.27 Mil) to Dec. 2022 (£-11.22 Mil) but then stayed the same from Dec. 2022 (£-11.22 Mil) to Jun. 2023 (£-9.34 Mil).

Velocys's annual accumulated depreciation increased from Dec. 2020 (£-9.92 Mil) to Dec. 2021 (£-10.43 Mil) and increased from Dec. 2021 (£-10.43 Mil) to Dec. 2022 (£-11.22 Mil).

Velocys Accumulated Depreciation Historical Data

The historical data trend for Velocys'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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Velocys Accumulated Depreciation Chart

Velocys Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accumulated Depreciation

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-7.84

-9.26

-9.92

-10.43

-11.22

Velocys Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accumulated Depreciation	Get a 7-Day Free Trial															-8.93	-10.43	-9.27	-11.22	-9.34

Velocys 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.

Velocys Accumulated Depreciation Related Terms

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Velocys (LSE:VLS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Velocys PLC (LSE:VLS) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

OXFCF:USA VLS.GB:UK O7N:Germany

Address

Robert Robinson Avenue, Magdalen Centre, The Oxford Science Park, Oxford, GBR, OX4 4GA

Website

https://www.velocys.com

Velocys PLC is a UK-based company that is engaged in design, development, marketing, and sale of technology to produce synthetic fuels and specialty products. Its technology is specifically designed for smaller scale gas-to-liquids (GTL) and biomass-to-liquids (BTL). The company's technology turns natural gas or biomass into premium products, such as diesel, jet fuel, waxes, and base oils. The business has a single operating segment: the synthetic fuels segment. Geographically, it derives a majority of revenue from the Americas and has a presence in Europe and the Asia Pacific.

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