OceanPal (SVRN) Accumulated Depreciation (2020 - 2022)

OceanPal (SVRN) posted Accumulated Depreciation of $5.1 million for Q4 2022, up 114.63% sequentially from $2.4 million in Q2 2022, and up 1341.81% YoY from $354000.0 in Q4 2021.

OceanPal (SVRN) Accumulated Depreciation (2020 - 2022) Analysis & Trends

OceanPal has reported Accumulated Depreciation for 3 years, with the latest figure at $5.1 million in Q4 2022.

  • Quarterly Accumulated Depreciation rose 1341.81% year-over-year to $5.1 million in Q4 2022, while the trailing twelve-month figure through Dec 2022 was $5.1 million (up 1341.81% YoY) and the FY2022 annual result came in at $5.1 million, changed N/A from the prior year.
  • Accumulated Depreciation rose to $5.1 million in Q4 2022 per SVRN's latest filing, from $2.4 million in the prior quarter.
  • Over five years, Accumulated Depreciation peaked at $16.2 million in Q2 2021 and troughed at $354000.0 in Q4 2021.
  • A 3-year average of $7.8 million and a median of $5.1 million in 2022 frame the typical range for Accumulated Depreciation.
  • The sharpest annual moves came in 2021 and 2022: Accumulated Depreciation plunged 97.66% in 2021, then surged 1341.81% in 2022.
  • Over 3 years, Accumulated Depreciation stood at $15.2 million in 2020, then slumped by 97.66% to $354000.0 in 2021, then soared by 1341.81% to $5.1 million in 2022.
  • According to Business Quant data, Accumulated Depreciation over the past three periods registered $5.1 million, $2.4 million, and $354000.0 for Q4 2022, Q2 2022, and Q4 2021 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Kirby 7.46 Bn 7.42 Bn 290.80 Mn
2 Matson 6.58 Bn 6.46 Bn -
3 Hafnia 3.91 Bn 3.80 Bn 152.41 Mn
4 ZIM Integrated Shipping Services 3.47 Bn 2.55 Bn 57.20 Mn
5 Star Bulk Carriers 3.37 Bn 2.87 Bn -
6 Danaos 2.66 Bn 1.43 Bn 217.68 Mn
7 Okeanis Eco Tankers 2.45 Bn 2.23 Bn 12,231.53 Bn
8 Navios Maritime Partners 2.38 Bn 1.97 Bn 326.09 Mn
9 Costamare 1.81 Bn 1.51 Bn 185.32 Mn
10 OceanPal 106,834.86 106,834.86 -

Historic Data

Download Data
DateValue
Dec 31, 2022 5.10 Mn
Jun 30, 2022 2.38 Mn
Dec 31, 2021 354,000.00
Jun 30, 2021 16.23 Mn
Dec 31, 2020 15.16 Mn