RUBLF (Rubellite Energy) Accumulated Depreciation : $-81.2 Mil (As of Mar. 2025)

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What is Rubellite Energy Accumulated Depreciation?

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

Rubellite Energy's quarterly accumulated depreciation increased from Sep. 2024 ($-54.5 Mil) to Dec. 2024 ($-65.9 Mil) and increased from Dec. 2024 ($-65.9 Mil) to Mar. 2025 ($-81.2 Mil).

Rubellite Energy's annual accumulated depreciation increased from Dec. 2022 ($-11.3 Mil) to Dec. 2023 ($-32.0 Mil) and increased from Dec. 2023 ($-32.0 Mil) to Dec. 2024 ($-65.9 Mil).

Rubellite Energy Accumulated Depreciation Historical Data

The historical data trend for Rubellite Energy'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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Rubellite Energy Accumulated Depreciation Chart

Rubellite Energy Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Accumulated Depreciation

-1.09

-11.31

-32.02

-65.93

Rubellite Energy Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accumulated Depreciation	Get a 7-Day Free Trial										-38.27	-44.38	-54.48	-65.93	-81.19

Rubellite Energy 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.

Rubellite Energy Accumulated Depreciation Related Terms

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Rubellite Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Rubellite Energy Corp (OTCPK:RUBLF) » Definitions » Accumulated Depreciation

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Traded in Other Exchanges

6L00:Germany RBY:Canada

Address

605 5th Avenue SW, Suite 3200, Calgary, AB, CAN, T2P 3H5

Website

https://www.rubelliteenergy.com

Rubellite Energy Corp is an oil and natural gas exploration and production company. The company is focused on Clearwater oil exploration and development utilizing multi-lateral horizontal drilling technology. The company is also engaged in the production of conventional heavy crude oil from the Clearwater Formation in Eastern Alberta. The Clearwater is a high rate of return play with compelling economics at current forward market prices for Western Canadian Select crude oil.