Echo Energy (LSE:ECHO) Accumulated Depreciation : £-0.08 Mil (As of Jun. 2023)

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What is Echo Energy Accumulated Depreciation?

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

Echo Energy's quarterly accumulated depreciation declined from Jun. 2022 (£-3.69 Mil) to Dec. 2022 (£-0.50 Mil) but then stayed the same from Dec. 2022 (£-0.50 Mil) to Jun. 2023 (£-0.08 Mil).

Echo Energy's annual accumulated depreciation increased from Dec. 2020 (£-1.79 Mil) to Dec. 2021 (£-3.04 Mil) but then stayed the same from Dec. 2021 (£-3.04 Mil) to Dec. 2022 (£-0.50 Mil).

Echo Energy Accumulated Depreciation Historical Data

The historical data trend for Echo 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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Echo Energy Accumulated Depreciation Chart

Echo Energy Annual Data

Trend

Sep12

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accumulated Depreciation

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-13.92

-0.53

-1.79

-3.04

-0.50

Echo Energy Semi-Annual Data
	Mar13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accumulated Depreciation	Get a 7-Day Free Trial															-2.27	-3.04	-3.69	-0.50	-0.08

Echo 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.

Echo Energy Accumulated Depreciation Related Terms

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Echo Energy (LSE:ECHO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Echo Energy PLC (LSE:ECHO) » Definitions » Accumulated Depreciation

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Traded in Other Exchanges

A3Z1:Germany A3Z1:Germany

Address

85 Great Portland Street, First Floor, London, GBR, W1W 7LT

Website

https://www.echoenergyplc.com

Echo Energy PLC is the holding company for a group of companies engaged in the exploration, appraisal, and development of oil and natural gas producing assets. It focuses on the development of assets in the Central and Southern American geographies.