Arrow Exploration (TSXV:AXL) Accumulated Depreciation : C$-55.27 Mil (As of Mar. 2024)

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What is Arrow Exploration Accumulated Depreciation?

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

Arrow Exploration's quarterly accumulated depreciation increased from Sep. 2023 (C$-31.64 Mil) to Dec. 2023 (C$-50.04 Mil) and increased from Dec. 2023 (C$-50.04 Mil) to Mar. 2024 (C$-55.27 Mil).

Arrow Exploration's annual accumulated depreciation declined from Dec. 2021 (C$-21.51 Mil) to Dec. 2022 (C$-18.09 Mil) but then increased from Dec. 2022 (C$-18.09 Mil) to Dec. 2023 (C$-50.04 Mil).

Arrow Exploration Accumulated Depreciation Historical Data

The historical data trend for Arrow Exploration'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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Arrow Exploration Accumulated Depreciation Chart

Arrow Exploration Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-15.17

-26.65

-21.51

-18.09

-50.04

Arrow Exploration Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial															-21.58	-25.79	-31.64	-50.04	-55.27

Arrow Exploration 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.

Arrow Exploration Accumulated Depreciation Related Terms

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Arrow Exploration (TSXV:AXL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Arrow Exploration Corp (TSXV:AXL) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

CSTPF:USA AXL:UK

Address

333 - 11th Avenue SW, 1430, Calgary, CAN, T2R 1L9

Website

https://www.arrowexploration.ca

Arrow Exploration Corp is engaged in oil exploration, development and production, and the acquisition of oil and gas properties. It operates in Colombia and Western Canada. Some of the company's assets are Tapir Block and Santa Isabel. The Canada segment of the company is referred to as Corporate Segment. The company's revenues are majorly derived from Oil Sales.

Executives

Canacol Energy Ltd.

10% Security Holder