OceanPal (SVRN) Depreciation and Depletion (2022 - 2024)
OceanPal (SVRN) posted Depreciation and Depletion of $2.1 million for Q4 2024, up 33.46% sequentially from $1.6 million in Q3 2024, and up 12.83% YoY from $1.9 million in Q1 2024.
OceanPal (SVRN) Depreciation and Depletion (2022 - 2024) Analysis & Trends
OceanPal has reported Depreciation and Depletion for 3 years, with the latest figure at $2.1 million in Q4 2024.
- Quarterly Depreciation and Depletion rose 12.83% year-over-year to $2.1 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $7.2 million (down 6.15% YoY) and the FY2024 annual result came in at $7.2 million, down 6.15% from the prior year.
- Depreciation and Depletion improved to $2.1 million in Q4 2024 per SVRN's latest filing, from $1.6 million in the prior quarter.
- Over five years, Depreciation and Depletion peaked at $2.1 million in Q2 2023 and troughed at $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.
- The sharpest annual moves came in 2023 and 2024: Depreciation and Depletion surged 111.1% in 2023, then dropped 27.36% in 2024.
- Over 3 years, Depreciation and Depletion stood at $1.7 million in 2022, then advanced by 11.82% to $1.9 million in 2023, then gained by 12.83% to $2.1 million in 2024.
- According to Business Quant data, Depreciation and Depletion over the past three periods registered $2.1 million, $1.6 million, and $1.6 million for Q4 2024, Q3 2024, and Q2 2024 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | - |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | - |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | - |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | - |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 41.78 Mn |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | - |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | - |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | - |
| 10 | OceanPal | 106,834.86 | 106,834.86 | - | - |
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 |