TPZEF (Topaz Energy) Accumulated Depreciation : $-610.9 Mil (As of Sep. 2024)

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What is Topaz Energy Accumulated Depreciation?

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

Topaz Energy's quarterly accumulated depreciation increased from Mar. 2024 ($-538.4 Mil) to Jun. 2024 ($-567.5 Mil) and increased from Jun. 2024 ($-567.5 Mil) to Sep. 2024 ($-610.9 Mil).

Topaz Energy's annual accumulated depreciation increased from Dec. 2021 ($-197.3 Mil) to Dec. 2022 ($-340.1 Mil) and increased from Dec. 2022 ($-340.1 Mil) to Dec. 2023 ($-506.4 Mil).

Topaz Energy Accumulated Depreciation Historical Data

The historical data trend for Topaz 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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Topaz Energy Accumulated Depreciation Chart

Topaz Energy Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

-8.86

-75.85

-197.33

-340.11

-506.43

Topaz Energy Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accumulated Depreciation	Get a 7-Day Free Trial															-464.49	-506.43	-538.38	-567.55	-610.88

Topaz 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.

Topaz Energy Accumulated Depreciation Related Terms

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Topaz Energy Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

5XU:Germany TPZ:Canada

Address

250 - 6th Avenue SW, Suite 2900, Calgary, AB, CAN, T2P 3H7

Website

https://www.topazenergy.ca

Topaz Energy Corp is a royalty and energy infrastructure company focused on generating low-risk income and paying dividends to its shareholders. It generates revenue from the Royalty Assets, which generate the company's Royalty Production Revenue; and the Infrastructure Assets, which generate the company's Processing Revenue and Other Income. The majority of the company's revenue is earned through royalties.

Topaz Energy Headlines

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Q3 2024 Topaz Energy Corp Earnings Call Transcript

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