OceanPal Depreciation & Amortization Growth & History (SVRN)

OceanPal's depreciation and amortization was $7.2M for fiscal 2024.

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OceanPal annual depreciation and amortization history

OceanPal annual depreciation and amortization

Fiscal yearPeriod endedDepreciation and amortizationChangeGrowth
20242024-12-31$7.2M−$472,000−6.15%
20232023-12-31$7.7M$2.8M+56.66%
20222022-12-31$4.9M$4.5M+1283.05%
2021 · Dec 312021-12-31$354,000−$1.8M−83.55%
2021 · Nov 292021-11-29$2.2M
20202020-12-31$2.2M−$327,455−13.21%
20192019-12-31$2.5M

OceanPal depreciation and amortization trends

Over the last five fiscal years, OceanPal's depreciation and amortization increased from $2.5M to $7.2M, a change of $4.7M.

About the metric

What depreciation and amortization mean

Depreciation and amortization allocate the cost of tangible and intangible assets over their useful lives. These non-cash expenses reduce reported earnings and are commonly added back when calculating EBITDA and operating cash flow.

Calculation and source

Reported depreciation and amortization

TickerStat uses a combined depreciation and amortization value when reported. If a company reports the two components separately for an aligned period, they are added together without duplicating overlapping facts. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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