OceanPal (SVRN) Depreciation and Depletion (2022 - 2024)
OceanPal (SVRN) reported Depreciation and Depletion of $2.1 million for Q4 2024, up 12.83% on a YoY basis from $1.9 million in Q1 2024, and up 33.46% sequentially from $1.6 million in Q3 2024.
OceanPal (SVRN) Depreciation and Depletion (2022 - 2024) Analysis & Trends
OceanPal (SVRN) has 3 years of Depreciation and Depletion data on file, last reported at $2.1 million in Q4 2024.
- For the quarter ending Q4 2024, Depreciation and Depletion rose 12.83% year-over-year to $2.1 million; the trailing twelve-month figure through Dec 2024 stood at $7.2 million (down 6.15% YoY), and the FY2024 full-year result was $7.2 million, down 6.15% from the prior year.
- Depreciation and Depletion improved to $2.1 million in Q4 2024, from $1.6 million in the prior quarter.
- In the past five years, Depreciation and Depletion ranged from a high of $2.1 million in Q2 2023 to a low of $1.0 million in Q1 2022.
- A 3-year average of $1.6 million and a median of $1.7 million in 2022 frame the typical range for Depreciation and Depletion.
- Across the five-year window, Depreciation and Depletion soared 111.1% in 2023 and decreased 27.36% in 2024, its largest moves.
- Tracing SVRN's Depreciation and Depletion over 3 years: stood at $1.7 million in 2022, then increased by 11.82% to $1.9 million in 2023, then grew by 12.83% to $2.1 million in 2024.
- Business Quant data shows SVRN's Depreciation and Depletion at $2.1 million in Q4 2024, $1.6 million in Q3 2024, and $1.6 million in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,963,739.68 Bn | 2,963,738.76 Bn | 57.20 Mn | - |
| 2 | Danaos | 2,527.73 Bn | 2,526.85 Bn | 203.71 Mn | 40.86 Mn |
| 3 | Sfl | 1,572.73 Bn | 1,572.58 Bn | 66.27 Mn | 54.46 Mn |
| 4 | Capital Clean Energy Carriers | 1,410.00 Bn | 1,409.46 Bn | 95.52 Mn | - |
| 5 | Globus Maritime | 60.08 Bn | 60.05 Bn | 8,083.00 | 2.47 Mn |
| 6 | Kirby | 8.03 Bn | 7.95 Bn | 291.34 Mn | - |
| 7 | Matson | 6.19 Bn | 6.09 Bn | - | - |
| 8 | Intercont (Cayman) | 3.90 Bn | 3.89 Bn | - | - |
| 9 | Hafnia | 3.72 Bn | 3.61 Bn | 152.41 Mn | - |
| 10 | OceanPal | 105,182.00 | 105,182.00 | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 2.15 Mn |
| Dec 31, 2024 | 2.15 Mn |
| Sep 30, 2024 | 1.61 Mn |
| Sep 30, 2024 | 1.61 Mn |
| Jun 30, 2024 | 1.56 Mn |
| Jun 30, 2024 | 1.56 Mn |
| Mar 31, 2024 | 1.88 Mn |
| Mar 31, 2024 | 1.88 Mn |
| Dec 31, 2023 | 1.90 Mn |
| Dec 31, 2023 | 1.90 Mn |
| Sep 30, 2023 | 1.73 Mn |
| Sep 30, 2023 | 1.73 Mn |
| Jun 30, 2023 | 2.15 Mn |
| Jun 30, 2023 | 2.15 Mn |
| Mar 31, 2023 | 1.89 Mn |
| Mar 31, 2023 | 1.89 Mn |
| Dec 31, 2022 | 1.70 Mn |
| Dec 31, 2022 | 1.70 Mn |
| Sep 30, 2022 | 1.17 Mn |
| Sep 30, 2022 | 1.17 Mn |