Major Drilling Group International (Major Drilling Group International) Accumulated Depreciation : $0.0 Mil (As of Oct. 2023)

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What is Major Drilling Group International Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Major Drilling Group International's quarterly accumulated depreciation declined from Apr. 2023 ($-311.3 Mil) to Jul. 2023 ($0.0 Mil) but then stayed the same from Jul. 2023 ($0.0 Mil) to Oct. 2023 ($0.0 Mil).

Major Drilling Group International's annual accumulated depreciation increased from Apr. 2021 ($-284.1 Mil) to Apr. 2022 ($-303.8 Mil) and increased from Apr. 2022 ($-303.8 Mil) to Apr. 2023 ($-311.3 Mil).

Major Drilling Group International Accumulated Depreciation Historical Data

The historical data trend for Major Drilling Group International's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Major Drilling Group International Accumulated Depreciation Chart

Major Drilling Group International Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Accumulated Depreciation

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-258.05

-259.82

-284.06

-303.82

-311.35

Major Drilling Group International Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accumulated Depreciation	Get a 7-Day Free Trial															-	-311.35	-	-	-

Major Drilling Group International Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Major Drilling Group International Accumulated Depreciation Related Terms

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Major Drilling Group International (Major Drilling Group International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Major Drilling Group International Inc (OTCPK:MJDLF) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

3MJ:Germany MDI:Canada

Address

111 St. George Street, Suite 100, Moncton, NB, CAN, E1C 1T7

Website

https://www.majordrilling.com

Major Drilling Group International Inc is engaged in the business of contract drilling, and it provides services to companies that are involved in mining and mineral exploration. It offers surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, and underground percussive/long-hole drilling services, as well as various drilling-related mine services. Its geographical segments are Canada - the United States; South and Central America; and Australasia and Africa, of which most of its revenue comes from Canada - the United States.

Major Drilling Group International (Major Drilling Group International) Headlines

From GuruFocus

Major Drilling announces Kim Keating to become Board Chair; David Tennant to Retire from the Board at the 2022 AGM

By GlobeNewswire GlobeNewswire • 06-27-2022

Chuck Royce Acquires New Stake in Major Drilling Group International Inc

By GuruFocus Research • 01-24-2024