Northern Ocean (OSL:NOL) Accumulated Depreciation : kr-1,957 Mil (As of Dec. 2024)

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What is Northern Ocean Accumulated Depreciation?

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

Northern Ocean's quarterly accumulated depreciation declined from Jun. 2024 (kr-1,753 Mil) to Sep. 2024 (kr-1,725 Mil) but then increased from Sep. 2024 (kr-1,725 Mil) to Dec. 2024 (kr-1,957 Mil).

Northern Ocean's annual accumulated depreciation increased from Dec. 2022 (kr-1,140 Mil) to Dec. 2023 (kr-1,510 Mil) and increased from Dec. 2023 (kr-1,510 Mil) to Dec. 2024 (kr-1,957 Mil).

Northern Ocean Accumulated Depreciation Historical Data

The historical data trend for Northern Ocean'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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Northern Ocean Accumulated Depreciation Chart

Northern Ocean Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accumulated Depreciation

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-283.57

-675.59

-1,140.41

-1,510.21

-1,957.28

Northern Ocean 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															-1,510.21	-1,633.09	-1,752.61	-1,725.10	-1,957.28

Northern Ocean 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.

Northern Ocean Accumulated Depreciation Related Terms

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Northern Ocean Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Northern Ocean Ltd (OSL:NOL) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

NOLo:Sweden 4JO:Germany

Address

14 Par La Ville Road, Par La Ville Place, PO Box HM 1593, Hamilton, BMU, HM08

Website

https://www.northernocean.no

Northern Ocean Ltd is an international offshore drilling contractor for the oil and gas industry. The company acquires and operates modern drilling assets and is engaged in offshore contract drilling in benign and harsh environments, including ultra-deep-water environments. It owns two semi-submersible rigs, Deepsea Mira and Deepsea Bollsta. The company earns revenue from Drilling, Mobilization and demobilization, Contract preparation and One-time reimbursed costs.

Northern Ocean Headlines

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