Globex Mining Enterprises (Globex Mining Enterprises) Accumulated Depreciation : $-0.68 Mil (As of Mar. 2024)

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What is Globex Mining Enterprises Accumulated Depreciation?

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

Globex Mining Enterprises's quarterly accumulated depreciation increased from Sep. 2023 ($-0.65 Mil) to Dec. 2023 ($-0.67 Mil) and increased from Dec. 2023 ($-0.67 Mil) to Mar. 2024 ($-0.68 Mil).

Globex Mining Enterprises's annual accumulated depreciation increased from Dec. 2021 ($-0.58 Mil) to Dec. 2022 ($-0.60 Mil) and increased from Dec. 2022 ($-0.60 Mil) to Dec. 2023 ($-0.67 Mil).

Globex Mining Enterprises Accumulated Depreciation Historical Data

The historical data trend for Globex Mining Enterprises'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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Globex Mining Enterprises Accumulated Depreciation Chart

Globex Mining Enterprises Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-0.51

-0.55

-0.58

-0.60

-0.67

Globex Mining Enterprises Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial															-0.61	-0.64	-0.65	-0.67	-0.68

Globex Mining Enterprises 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.

Globex Mining Enterprises Accumulated Depreciation Related Terms

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Globex Mining Enterprises (Globex Mining Enterprises) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Globex Mining Enterprises Inc (OTCPK:GLBXF) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

G1MN:Germany G1MN:Germany GMX:Canada

Address

89 Belsize Drive, Toronto, ON, CAN, M4S 1L3

Website

https://www.globexmining.com

Globex Mining Enterprises Inc is a Canada-based exploration company. The company is engaged in the acquisition, development, and exploration of mineral properties in North America. The company's mineral portfolio consists of early to mid-stage exploration, development and royalty properties which contain Base Metals, Specialty Metals and Minerals and Industrial Minerals.