Var Energi ASA (Var Energi ASA) Accumulated Depreciation : $-7,817 Mil (As of Mar. 2024)

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What is Var Energi ASA Accumulated Depreciation?

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

Var Energi ASA's quarterly accumulated depreciation increased from Sep. 2023 ($-6,589 Mil) to Dec. 2023 ($-7,781 Mil) and increased from Dec. 2023 ($-7,781 Mil) to Mar. 2024 ($-7,817 Mil).

Var Energi ASA's annual accumulated depreciation increased from Dec. 2021 ($-4,677 Mil) to Dec. 2022 ($-6,021 Mil) and increased from Dec. 2022 ($-6,021 Mil) to Dec. 2023 ($-7,781 Mil).

Var Energi ASA Accumulated Depreciation Historical Data

The historical data trend for Var Energi ASA'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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Var Energi ASA Accumulated Depreciation Chart

Var Energi ASA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-1,170.47

-3,316.96

-4,676.57

-6,020.92

-7,780.55

Var Energi ASA Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial											-5,997.29	-6,154.66	-6,588.76	-7,780.55	-7,816.54

Var Energi ASA 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.

Var Energi ASA Accumulated Depreciation Related Terms

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Var Energi ASA (Var Energi ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Var Energi ASA (OTCPK:VARRY) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

VARo:Sweden VAR:Norway J4V:Germany

Address

Vestre Svanholmen 1, Sandnes, NOR, 4313

Website

https://www.varenergi.no

Var Energi ASA independent upstream oil and gas company on the Norwegian continental shelf. It operates within the geographical area of Norway and the business is entirely related to the exploration for and production of petroleum in Norway. Revenues are mainly related to the sale of oil, gas, and NGL.

Var Energi ASA (Var Energi ASA) Headlines

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Var Energi ASA's Dividend Analysis

By GuruFocus Research • 11-02-2023