STEP Energy Services (TSX:STEP) Accumulated Depreciation : C$-524.6 Mil (As of Dec. 2023)

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What is STEP Energy Services Accumulated Depreciation?

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

STEP Energy Services's quarterly accumulated depreciation stayed the same from Jun. 2023 (C$0.0 Mil) to Sep. 2023 (C$0.0 Mil) but then increased from Sep. 2023 (C$0.0 Mil) to Dec. 2023 (C$-524.6 Mil).

STEP Energy Services's annual accumulated depreciation increased from Dec. 2021 (C$-449.6 Mil) to Dec. 2022 (C$-494.3 Mil) and increased from Dec. 2022 (C$-494.3 Mil) to Dec. 2023 (C$-524.6 Mil).

STEP Energy Services Accumulated Depreciation Historical Data

The historical data trend for STEP Energy Services'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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STEP Energy Services Accumulated Depreciation Chart

STEP Energy Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-250.50

-394.68

-449.57

-494.34

-524.58

STEP Energy Services Quarterly Data
	Mar19	Jun19	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															-494.34	-	-	-	-524.58

STEP Energy Services 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.

STEP Energy Services Accumulated Depreciation Related Terms

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STEP Energy Services (TSX:STEP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » STEP Energy Services Ltd (TSX:STEP) » Definitions » Accumulated Depreciation

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Traded in Other Exchanges

SNVVF:USA 932:Germany

Address

1200, 205-5th Avenue SW, Bow Valley Square II, Calgary, AB, CAN, T2P 2V7

Website

https://www.stepenergyservices.com

STEP Energy Services Ltd is an oilfield service company. It provides coiled tubing, fluid and nitrogen pumping, and hydraulic fracturing solutions. STEP has a high-performance safety-focused culture and provides innovative, reliable, and cost-effective solutions to its E&P clients. The group's services are focused on the WCSB, Permian and Eagle Ford in Texas, the Uinta-Piceance and Niobrara-DJ basins in Colorado, and the Bakken in North Dakota.