ODFJF (Odfjell Drilling) Accumulated Depreciation : $0.0 Mil (As of Jun. 2024)

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What is Odfjell Drilling Accumulated Depreciation?

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

Odfjell Drilling's quarterly accumulated depreciation declined from Dec. 2023 ($-1,344.1 Mil) to Mar. 2024 ($0.0 Mil) but then stayed the same from Mar. 2024 ($0.0 Mil) to Jun. 2024 ($0.0 Mil).

Odfjell Drilling's annual accumulated depreciation declined from Dec. 2021 ($-1,497.3 Mil) to Dec. 2022 ($-1,322.4 Mil) but then increased from Dec. 2022 ($-1,322.4 Mil) to Dec. 2023 ($-1,344.1 Mil).

Odfjell Drilling Accumulated Depreciation Historical Data

The historical data trend for Odfjell Drilling'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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Odfjell Drilling Accumulated Depreciation Chart

Odfjell Drilling Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-1,540.70

-1,340.52

-1,497.30

-1,322.40

-1,344.10

Odfjell Drilling Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Accumulated Depreciation	Get a 7-Day Free Trial															-	-	-1,344.10	-	-

Odfjell Drilling 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.

Odfjell Drilling Accumulated Depreciation Related Terms

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Odfjell Drilling Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Odfjell Drilling Ltd (OTCPK:ODFJF) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

ODLO:Sweden ODL:Norway ODLo:UK 0QHX:UK

Address

Lower Ground Floor, Prime View Prime Four Business Park, Kingswells, Aberdeen, GBR, AB15 8PU

Website

https://www.odfjelldrilling.com

Odfjell Drilling Ltd is an integrated offshore drilling and oil service company. The company and its subsidiaries operate mobile offshore drilling units. It operates in the segments Own Fleet, External Fleet, and Corporate/other. The Own Fleet segment operates mobile offshore drilling units owned by Odfjell Drilling. The External Fleet segment offers management services to other owners of drilling units; mainly operational management, management of regulatory requirements, marketing, contract negotiations, client relations, preparations for the operation, and mobilization. The majority of revenue is generated from the Own Fleet segment. Geographically, It operates in Norway.