NORSF (Norsk Titanium AS) Accumulated Depreciation : $0.00 Mil (As of Jun. 2024)

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What is Norsk Titanium AS Accumulated Depreciation?

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

Norsk Titanium AS's quarterly accumulated depreciation increased from Jun. 2023 ($0.00 Mil) to Dec. 2023 ($-5.27 Mil) but then stayed the same from Dec. 2023 ($-5.27 Mil) to Jun. 2024 ($0.00 Mil).

Norsk Titanium AS's annual accumulated depreciation declined from Dec. 2021 ($-6.92 Mil) to Dec. 2022 ($-5.13 Mil) but then increased from Dec. 2022 ($-5.13 Mil) to Dec. 2023 ($-5.27 Mil).

Norsk Titanium AS Accumulated Depreciation Historical Data

The historical data trend for Norsk Titanium AS'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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Norsk Titanium AS Accumulated Depreciation Chart

Norsk Titanium AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-7.40

-9.39

-6.92

-5.13

-5.27

Norsk Titanium AS Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Accumulated Depreciation	Get a 7-Day Free Trial						-	-5.13	-	-5.27	-

Norsk Titanium AS 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.

Norsk Titanium AS Accumulated Depreciation Related Terms

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Norsk Titanium AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Norsk Titanium AS (OTCPK:NORSF) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

NTI:Norway 84F:Germany

Address

Flyplassveien 20, Honefoss, NOR, 3514

Website

https://www.norsktitanium.com

Norsk Titanium AS is in metal 3D printing. The company uses its proprietary Rapid Plasma Deposition (RPD) technology for cost-efficient 3D printing of metal alloys. This technology enables the production of value-added parts that are suitable for a large market. The company's focus is on high-end structural applications that require the use of 3D-printed titanium parts, which offer substantial benefits compared to traditional materials and production methods. The company caters to high-complexity markets such as commercial aerospace and defense, which allows them to deliver value propositions and position itself for expansion into other markets. Geographically the company generates revenue from Norway, Europe, and the USA with the majority being generated from Norway.

Norsk Titanium AS Headlines

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