Global Ship Lease (GSL) Depreciation and Depletion (2009 - 2018)
Global Ship Lease's (GSL) quarterly Depreciation and Depletion came in at $6.4 million in Q4 2018, down 31.73% year-on-year from $9.4 million in Q4 2017, and down 23.43% quarter-over-quarter from $8.4 million in Q3 2018.
Global Ship Lease (GSL) Depreciation and Depletion (2009 - 2018) Analysis & Trends
Global Ship Lease's Depreciation and Depletion history runs 10 years deep, the most recent figure standing at $6.4 million for Q4 2018.
- On a quarterly basis, Depreciation and Depletion fell 31.73% year-over-year to $6.4 million in Q4 2018; TTM through Dec 2018 was $31.1 million, a 18.07% decrease from a year earlier, with the FY2025 full-year figure at $91.9 million, up 21.4% from the prior year.
- Depreciation and Depletion eased to $6.4 million in Q4 2018 per GSL's latest filing, from $8.4 million in the prior quarter.
- Across five years, Depreciation and Depletion topped out at $11.5 million in Q3 2015 and bottomed at $6.4 million in Q4 2018.
- The 5-year median for Depreciation and Depletion is $10.0 million (2014), against an average of $9.9 million.
- Across the five-year window, Depreciation and Depletion climbed 14.76% in 2015 and slumped 31.73% in 2018, its largest moves.
- Year by year, Depreciation and Depletion stood at $11.0 million in 2014, then slipped by 0.15% to $10.9 million in 2015, then declined by 4.76% to $10.4 million in 2016, then decreased by 9.8% to $9.4 million in 2017, then slumped by 31.73% to $6.4 million in 2018.
- Per Business Quant, the three latest GSL Depreciation and Depletion figures stand at $6.4 million (Q4 2018), $8.4 million (Q3 2018), and $8.2 million (Q2 2018).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,964,341.97 Bn | 2,964,341.05 Bn | 57.20 Mn | - |
| 2 | Danaos | 2,542.12 Bn | 2,541.24 Bn | 203.71 Mn | 40.86 Mn |
| 3 | Sfl | 1,584.69 Bn | 1,584.53 Bn | 66.27 Mn | 54.46 Mn |
| 4 | Capital Clean Energy Carriers | 1,419.00 Bn | 1,418.46 Bn | 95.52 Mn | - |
| 5 | Globus Maritime | 59.97 Bn | 59.95 Bn | 8,083.00 | 2.47 Mn |
| 6 | Kirby | 8.07 Bn | 7.99 Bn | 291.34 Mn | - |
| 7 | Matson | 6.26 Bn | 6.16 Bn | - | - |
| 8 | Hafnia | 3.73 Bn | 3.62 Bn | 152.41 Mn | - |
| 9 | Intercont (Cayman) | 3.56 Bn | 3.56 Bn | - | - |
| 10 | Global Ship Lease | 1.56 Bn | 1.56 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2018 | 6.41 Mn |
| Dec 31, 2018 | 6.41 Mn |
| Sep 30, 2018 | 8.38 Mn |
| Sep 30, 2018 | 8.38 Mn |
| Jun 30, 2018 | 8.17 Mn |
| Jun 30, 2018 | 8.17 Mn |
| Mar 31, 2018 | 8.16 Mn |
| Mar 31, 2018 | 8.16 Mn |
| Dec 31, 2017 | 9.39 Mn |
| Dec 31, 2017 | 9.39 Mn |
| Sep 30, 2017 | 9.45 Mn |
| Sep 30, 2017 | 9.45 Mn |
| Jun 30, 2017 | 9.54 Mn |
| Jun 30, 2017 | 9.54 Mn |
| Mar 31, 2017 | 9.60 Mn |
| Mar 31, 2017 | 9.60 Mn |
| Dec 31, 2016 | 10.42 Mn |
| Dec 31, 2016 | 10.42 Mn |
| Sep 30, 2016 | 10.58 Mn |
| Sep 30, 2016 | 10.58 Mn |