depletion expense
Amount of depletion charged to expense on the income statement for the period indicated in its heading. The amount is also credited to the contra asset account Accumulated Depletion.
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Depletion
Depletion is a similar to depreciation, but is applied to assets that are used up in a measurable way. The most important examples of these are oil reserves and mines.
Depletion is an accounting measure that records on a balance sheet the loss in value of a naturally occurring resource such as oil and gas reserves. The reduction in value of tangible assets is depreciation.
See also: Amortization ...
Depletion
An accounting term describing the amortization of assets that can be physically reduced.
depletion
process whereby the cost or other basis of a natural resource (such as a coal interest) is recovered upon the extraction and sale of the deposit. There are two ways of determining the depletion allowance: (1) cost and (2) percentage.
Cost Depletion
Cost depletion, for water rights, is allowed when it can be demonstrated that the ground water is being depleted and that the rate of recharge is so slow that once extracted, ...
DEPLETION - the process of cost allocation that assigns the original cost of a natural resource to the ...
DEPOSIT - Money offered by a prospective buyer as an indication of good faith in entering into a contra...
Depletion accounting. Depletion is an accounting practice used to handle the draw-down by a business of a pool of natural resources (e.g., metals, oil, gas and timber) that conceivably can be reduced to zero over time.
Depletion
The systematic and rational allocation of the cost of natural resources over their useful
lives. Refer also to amortization and depreciation.
Depreciation ...
Depletion
Method of computing a deduction to ACCOUNT for a reduction in value of extractable natural resources.
Depletion Accounting
An accounting practice that allows for charges against earnings based on the amount of assets taken out of reserves to reductions in taxable income.
Depletion method of depreciation is especially suited to mines, quarries, sand pits, etc. According to it the cost of the asset is divided by the total workable deposits. In this way, rate of depreciation per unit of output is ascertained.
Depletion
Refers to the consumption of natural resources which are part of a company's assets.
Depletion accounting
Natural resources, such as metals, oil, gas and timber, that conceivably can be reduced to zero over the years, present a special problem in capital management.
Depletion
In recent years, the depletion of natural resources and attempts to move to sustainable development have been a major focus of development agencies.
Oil Depletion
One of the recurring policy fights concerning energy is what the government should do about the depletion of economically attractive crude oil reserves.
Estate depletion
Although you will likely not get stuck with the bill, if your parents have accumulated a great deal of debt, the entire estate can be liquidated to satisfy the creditors.
Depletion of Renewable Resources. E.g. disappearance of rain-forests
Depletion of Non-renewable resources
Sustainable population levels.
depletion
The process used to allocate the cost of a natural resource asset to the accounting periods benefited
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Depletion allowance is a deduction in computing taxable income that provides for the depletion of non-renewable resources, such as oil.
Depreciable property ...
Depletion of a tax shelter's benefits. In the context of mortgage backed securities it refers to the percentage of the pool that has prepaid their mortgage.
Business combination
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Percentage Depletion
A taxable deduction that assigns a set percentage of depletion to the gross income derived from extracting fossil fuels, minerals or other nonrenewable resources from the earth.
Percentage Depletion
A deduction against taxable income permitted companies in the natural
resources industry equal to a percentage of gross income generated by a property. The deduction ...
Also applies to consumed assets, such as oil or gas, and termed "depletion.
depletion The exhaustion of a resource. deposit Transaction involving the transfer of funds from one party to another for a...
Also applied to consumed assets, such as gas, and termed "depletion." Watch list A list of securities selected for special surveillance by a brokerage, exchange or regulatory organization; firms on the list are often takeover targets, ...
DEPLETION Deductible expense which reflects the decrease of a natural resource due to extraction of the resource.
DEPRECIATION An accounting technique in which the cost of an asset is allocated over its useful life.
Monthly or annual depreciation, amortization and depletion are used to reduce the book value of assets over time as they are "consumed" or used up in the process of obtaining revenue.
A vast increase in fossil fuel consumption leads to depletion of natural resources, while air pollution possibly leads to global warming and the ozone hole. The problem is increased by world-wide deforestation, also causing a loss of biodiversity.
It is calculated as 25 per cent of a taxpayer's annual resource profits, computed after operating costs and capital cost allowances, but before the deduction of exploration expenses, development expenses, earned depletion and interest expenses.
The switching point is reached because increases in scarcity rent and marginal extraction cost cause a gradual depletion of a finite natural resource. As the price rises, buyers search for less expensive substitutes.
a natural resource such as oil, coal, and timber, having a limited useÂful life and subject to depletion. Such assets decrease in worth primarily due to the extraction of the valued commodity held by these assets. Or 2.
While that formula is straightforward, amortization can also incorporate a variety of noncash charges to net earnings and/or asset values, such as depletion, write-offs, prepaid expenses, and deferred charges.
Noncash charge
A cost, such as depreciation, depletion, and amortization, that does not involve any cash outflow. That is, this is treated as an accounting expense -- not a real expense that demands cash.
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stock equity account or the cash available for distribution to the ultimate equity owners; a measure of the ability to generate discretionary cash flow; an accounting concept that is equal to net income plus non-cash charges (depreciation, depletion ...
Your adjusted basis in an asset is your beginning basis (see Basis, below), decreased by depreciation, depletion or any Sec. 179 expense taken or increased by capital additions.
A cost, such as Depreciation, depletion or amortization, not entailing a direct cash outflow.
Français: Charge sans impact sur les liquidité
Español: Costo no monetario
Non-marketable collateral: ...
Fossil fuel depletion and climate change will mean less global trade and business. Localization is a positive force resulting in strong local economies, small sustainable businesses and green communities. (03:21) ...
It is explained that depreciation occurs over time due to general wear and tear on the building such as deterioration because of age, advances in technology or the depletion of its resources (land containing bon renewable resources).
Working Capital Turnover - A measurement comparing the depletion of working capital to the generation of sales over a given period.
Given worries about the environment and the depletion of natural resources, some economists have argued that zero growth should be the aim of policy.
A measurement comparing the depletion of working capital with the generation of sales over a given period.
Cash Flow - Reported net income of a corporation plus amounts charged off for depreciation, depletion, amortization, and extra-ordinary charges to reserves, which are bookkeeping deductions and not paid out in actual dollars and cents.
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A cost, such as depreciation, depletion, and amortization, that does not involve any cash outflow.
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Book Value = the recorded value of an asset = first cost less decline in value due to depreciation, depletion, etc. to time of statement. Current Book Value implies the vlaue reflected on the current ballance sheet.
Depletion of minerals in the soil
Particulate matter, including ammonia and ammonium off-gasing from animal waste contributing to air pollution
Weeds - feral plants and animals
Odor from agricultural waste
Soil salination .
In the latter case, depletion of the home inventory triggers a routine, leading directly to choice: the usually purchased brand. If the usual brand is out-of-stock or another brand is on sale. a substitute may be bought quickly.
allocation Distribution according to a plan. Depreciation, amortization, and depletion are methods to allocate costs to periods benefited.
(3) In banking, the reported net income of an organization plus bookkeeping deductions that are not paid out in actual dollars, such as amounts for depreciation, depletion, amortization, and extraordinary charges to reserves.
An asset which has a limited life and thus, decreases in value (depreciates) over time. Also applied to consumed assets, such as gas, and termed "depletion. "
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Cash flow: The net profits or losses of a business plus noncash expenses such as depreciation, amortization, and depletion.
Cash settlement: A trade that is settled on the same day as the trade date.
Conservation
The process of saving resources or of using them in such a way that minimizes their depletion.
Cost of Goods Sold Includes all expenses directly associated with the production of goods or services the company sells (such as material, labor and overhead) excluding depreciation, depletion, amortization, and selling, general, ...
Sometimes, it is called AMORTIZATION when the ASSET is intangible or 'depletion' when the asset is a natural resource, such as minerals.
Wasting asset
An asset that has a limited life and thus decreases in value (depreciates) over time. Also applies to consumed assets, such as oil or gas, and termed "depletion." ...
Payout is the point at which the gross revenues from production in a group investment project equal the sum of all costs. Costs include expenditures for leasehold, exploration, development, operation, and overhead but do not include depletion, ...
is the trailing twelve month Cash Flow divided by the trailing twelve month Average Shares Outstanding. Cash Flow is defined as the sum of Income After Taxes minus Preferred Dividends and General Partner Distributions plus Depreciation, Depletion and ...
To calculate this amount for an asset, take the original amount paid, add improvement and assessment costs, and then subtract deductions. Deductions can include down grading, depreciation, or depletion.
Amortization is often confused with depreciation, which is the reduction of the value of a tangible asset over its estimated useful life, based on everyday wear and tear and the affects of time. Amortization also differs from depletion, ...
Consideration is also extended in the case of proprietors of industrial enterprises who are liable to be hampered by the depletion of capital, ...
 See also: Expense, Values, Bills, Banks, Funding
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