Superior Drilling Products (STU:SDW) Accumulated Depreciation : €-11.27 Mil (As of Mar. 2024)

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What is Superior Drilling Products Accumulated Depreciation?

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

Superior Drilling Products's quarterly accumulated depreciation declined from Sep. 2023 (€-13.31 Mil) to Dec. 2023 (€-10.94 Mil) but then increased from Dec. 2023 (€-10.94 Mil) to Mar. 2024 (€-11.27 Mil).

Superior Drilling Products's annual accumulated depreciation increased from Dec. 2021 (€-11.13 Mil) to Dec. 2022 (€-12.52 Mil) but then stayed the same from Dec. 2022 (€-12.52 Mil) to Dec. 2023 (€-10.94 Mil).

Superior Drilling Products Accumulated Depreciation Historical Data

The historical data trend for Superior Drilling Products'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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Superior Drilling Products Accumulated Depreciation Chart

Superior Drilling Products Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-8.69

-9.09

-11.13

-12.52

-10.94

Superior Drilling Products 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															-12.65	-12.80	-13.31	-10.94	-11.27

Superior Drilling Products 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.

Superior Drilling Products Accumulated Depreciation Related Terms

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Superior Drilling Products (STU:SDW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Superior Drilling Products Inc (STU:SDW) » Definitions » Accumulated Depreciation

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Traded in Other Exchanges

SDPI:USA

Address

1583 South 1700 East, Vernal, UT, USA, 84078

Website

https://www.sdpi.com

Superior Drilling Products Inc is engaged in providing equipment and services to the oil and gas industry. It specialises in the design and manufacture of drilling tool technologies including the patented Drill-N-Ream wellbore conditioning tool and the patented Strider oscillation system technology. In addition, SDP is a manufacturer and refurbisher of PDC (polycrystalline diamond compact) drill bits for an oilfield services company. The company operates in North America and other international regions, of which key revenue is derived from North America.

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