Savannah Resources (LSE:SAV) Accumulated Depreciation : £-0.17 Mil (As of Dec. 2023)

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What is Savannah Resources Accumulated Depreciation?

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

Savannah Resources's quarterly accumulated depreciation declined from Dec. 2022 (£-0.16 Mil) to Jun. 2023 (£-0.08 Mil) but then increased from Jun. 2023 (£-0.08 Mil) to Dec. 2023 (£-0.17 Mil).

Savannah Resources's annual accumulated depreciation increased from Dec. 2021 (£-0.12 Mil) to Dec. 2022 (£-0.16 Mil) and increased from Dec. 2022 (£-0.16 Mil) to Dec. 2023 (£-0.17 Mil).

Savannah Resources Accumulated Depreciation Historical Data

The historical data trend for Savannah Resources'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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Savannah Resources Accumulated Depreciation Chart

Savannah Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-0.26

-0.21

-0.12

-0.16

-0.17

Savannah Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accumulated Depreciation	Get a 7-Day Free Trial															-0.12	-0.07	-0.16	-0.08	-0.17

Savannah Resources 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.

Savannah Resources Accumulated Depreciation Related Terms

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Savannah Resources (LSE:SAV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Savannah Resources PLC (LSE:SAV) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

SAVNF:USA SAV:Germany

Address

Salisbury House, London Wall, London, GBR, EC2M 5PS

Website

https://www.savannahresources.com

Savannah Resources PLC is a mineral resource development company. Its flagship asset is the wholly-owned Barros Lithium Project in northern Portugal. The project boasts the spodumene lithium resource in Western Europe and is an analog of the hard rock lithium deposits in Australia. Savannah is focused on the responsible development and operation of the Barroso Lithium Project to provide a long-term, local source of lithium raw material for Europe's rapidly developing lithium battery value chain. Alongside its development of the Barroso Lithium Project, the company maintains an active growth strategy and continues to target additional projects that add value and complement the existing portfolio.

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