OceanPal Depreciation & Amortization Growth & History (SVRN)
OceanPal's depreciation and amortization was $7.2M for fiscal 2024.
View full OceanPal company overviewOceanPal annual depreciation and amortization history
2019
2020
2021
2021
2022
2023
2024
| Fiscal year | Period ended | Depreciation and amortization | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | $7.2M | −$472,000 | −6.15% |
| 2023 | 2023-12-31 | $7.7M | $2.8M | +56.66% |
| 2022 | 2022-12-31 | $4.9M | $4.5M | +1283.05% |
| 2021 · Dec 31 | 2021-12-31 | $354,000 | −$1.8M | −83.55% |
| 2021 · Nov 29 | 2021-11-29 | $2.2M | — | — |
| 2020 | 2020-12-31 | $2.2M | −$327,455 | −13.21% |
| 2019 | 2019-12-31 | $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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