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Ardova (NSA:ARDOVA) Accumulated Depreciation : ₦-20,701 Mil (As of Jun. 2022)


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What is Ardova Accumulated Depreciation?

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

Ardova's quarterly accumulated depreciation increased from Dec. 2021 (₦-18,876 Mil) to Mar. 2022 (₦-19,996 Mil) and increased from Mar. 2022 (₦-19,996 Mil) to Jun. 2022 (₦-20,701 Mil).

Ardova's annual accumulated depreciation declined from Dec. 2019 (₦-11,796 Mil) to Dec. 2020 (₦-11,621 Mil) but then increased from Dec. 2020 (₦-11,621 Mil) to Dec. 2021 (₦-18,876 Mil).

Ardova Accumulated Depreciation Historical Data

The historical data trend for Ardova'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.

* Premium members only.

Ardova Accumulated Depreciation Chart

Ardova Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17,288.23 -9,900.81 -11,796.09 -11,620.72 -18,876.11

Ardova Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 -12,352.45 -12,429.25 -18,876.11 -19,996.50 -20,700.62

Ardova 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.

Ardova Accumulated Depreciation Related Terms

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Ardova Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ardova PLC (NSA:ARDOVA) » Definitions » Accumulated Depreciation
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Traded in Other Exchanges
N/A
Address
1, AP/Conoil Road, Ijora-Apapa, Lagos, NGA
Website
http://www.ardovaplc.com
Ardova PLC integrated energy company in Nigeria involved in the marketing of petroleum products. The company also provides aircraft refueling operations at its Aviation Joint User's hydrants in Ikeja and Joint Aviation depots in Abuja, Port Harcourt, and Kano as a provider of aviation fuel for local and international airlines. It also procures and markets Liquefied Petroleum Gas. It manufactures and distributes a wide range of quality lubricants, which include Super V, Visco 2000, and Diesel Motor Oil from its lubricating oil blending plant at its Apapa terminal in Lagos. The company is the sole authorized distributor of Shell Engine Oils and Lubricants for the Nigerian market. the company is also into renewable energy.

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