Reach Subsea ASA (OSL:REACH) Accumulated Depreciation : kr-904 Mil (As of Mar. 2024)

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What is Reach Subsea ASA Accumulated Depreciation?

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

Reach Subsea ASA's quarterly accumulated depreciation declined from Sep. 2023 (kr-1,051 Mil) to Dec. 2023 (kr0 Mil) but then increased from Dec. 2023 (kr0 Mil) to Mar. 2024 (kr-904 Mil).

Reach Subsea ASA's annual accumulated depreciation declined from Dec. 2021 (kr-545 Mil) to Dec. 2022 (kr0 Mil) but then stayed the same from Dec. 2022 (kr0 Mil) to Dec. 2023 (kr0 Mil).

Reach Subsea ASA Accumulated Depreciation Historical Data

The historical data trend for Reach Subsea 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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Reach Subsea ASA Accumulated Depreciation Chart

Reach Subsea ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-356.53

-305.01

-544.82

Reach Subsea ASA 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															-635.57	-834.83	-1,050.89	-	-904.32

Reach Subsea 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.

Reach Subsea ASA Accumulated Depreciation Related Terms

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Reach Subsea ASA (OSL:REACH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Reach Subsea ASA (OSL:REACH) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

REACHo:Sweden 4RS:Germany

Address

Møllervegen 6, Haugesund, NOR, 5525

Website

https://www.reachsubsea.no

Reach Subsea ASA is a Norwegian subsea service provider. The services provided by the company include vessel fleet which comprises of edda fonn which is used for survey and light construction services, havila subsea, normand reach for complex offshore operations, viking neptun for cable installation and heavy lifting, and stril explorer. It two reportable segments namely Oil and Gas and Renewable and others. The company generates maximum revenue from the Oil and Gas segment.

Reach Subsea ASA (OSL:REACH) Headlines

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