Loop Energy (TSX:LPEN) Accumulated Depreciation : C$-13.13 Mil (As of Dec. 2023)

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What is Loop Energy Accumulated Depreciation?

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

Loop Energy's quarterly accumulated depreciation increased from Jun. 2023 (C$-6.85 Mil) to Sep. 2023 (C$-12.54 Mil) and increased from Sep. 2023 (C$-12.54 Mil) to Dec. 2023 (C$-13.13 Mil).

Loop Energy's annual accumulated depreciation increased from Dec. 2021 (C$-2.85 Mil) to Dec. 2022 (C$-5.05 Mil) and increased from Dec. 2022 (C$-5.05 Mil) to Dec. 2023 (C$-13.13 Mil).

Loop Energy Accumulated Depreciation Historical Data

The historical data trend for Loop 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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Loop Energy Accumulated Depreciation Chart

Loop Energy Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-0.72

-1.57

-2.85

-5.05

-13.13

Loop Energy Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accumulated Depreciation	Get a 7-Day Free Trial															-5.05	-5.95	-6.85	-12.54	-13.13

Loop 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.

Loop Energy Accumulated Depreciation Related Terms

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Loop Energy (TSX:LPEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Loop Energy Inc (TSX:LPEN) » Definitions » Accumulated Depreciation

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LPENF:USA

Address

2880 Production Way, Burnaby, BC, CAN, V5A 4T6

Website

https://www.loopenergy.com

Loop Energy Inc is a developer, manufacturer, and supplier of hydrogen fuel cells to vehicle and power generation system manufacturers. It sells and services two categories of products: fuel cell stacks and fuel cell modules, which serve a variety of commercial applications including light commercial vehicles, transit buses, medium and heavy-duty trucks, marine, train, mining trucks, material handling vehicles, and stationary power.

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