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SDRL (Seadrill) Accumulated Depreciation : $-442 Mil (As of Dec. 2024)


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What is Seadrill Accumulated Depreciation?

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

Seadrill's quarterly accumulated depreciation stayed the same from Jun. 2024 ($0 Mil) to Sep. 2024 ($0 Mil) but then increased from Sep. 2024 ($0 Mil) to Dec. 2024 ($-442 Mil).

Seadrill's annual accumulated depreciation increased from Dec. 2022 ($-96 Mil) to Dec. 2023 ($-282 Mil) and increased from Dec. 2023 ($-282 Mil) to Dec. 2024 ($-442 Mil).

Seadrill Accumulated Depreciation Historical Data

The historical data trend for Seadrill'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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Seadrill Accumulated Depreciation Chart

Seadrill Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accumulated Depreciation
Get a 7-Day Free Trial - -838.00 -96.00 -282.00 -442.00

Seadrill Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -282.00 - - - -442.00

Seadrill 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.

Seadrill Accumulated Depreciation Related Terms

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Seadrill Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Seadrill Ltd (NYSE:SDRL) » Definitions » Accumulated Depreciation
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Traded in Other Exchanges
P4F:Germany
Address
11025 Equity Drive, Suite 150, Houston, TX, USA, 77041
Website
https://www.seadrill.com
Seadrill Ltd is an offshore drilling contractor company. The company is engaged in providing offshore drilling services to the oil and gas industry. The primary business of the company is the ownership and operation of drillships, semi-submersible rigs, and jack-up rigs for operations in shallow to ultra-deepwater areas in both benign and harsh environments. The geographical segments of the company are the United States, Brazil, Angola, Norway, Canada and others. The company derives maximum revenue from the United States.