Nouveau Monde Graphite (Nouveau Monde Graphite) Accumulated Depreciation : $-10.48 Mil (As of Mar. 2024)

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What is Nouveau Monde Graphite Accumulated Depreciation?

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

Nouveau Monde Graphite's quarterly accumulated depreciation increased from Sep. 2023 ($-6.79 Mil) to Dec. 2023 ($-9.68 Mil) and increased from Dec. 2023 ($-9.68 Mil) to Mar. 2024 ($-10.48 Mil).

Nouveau Monde Graphite's annual accumulated depreciation increased from Dec. 2021 ($-0.80 Mil) to Dec. 2022 ($-3.67 Mil) and increased from Dec. 2022 ($-3.67 Mil) to Dec. 2023 ($-9.68 Mil).

Nouveau Monde Graphite Accumulated Depreciation Historical Data

The historical data trend for Nouveau Monde Graphite'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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Nouveau Monde Graphite Accumulated Depreciation Chart

Nouveau Monde Graphite Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-0.46

-0.89

-0.80

-3.67

-9.68

Nouveau Monde Graphite 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															-3.76	-5.05	-6.79	-9.68	-10.48

Nouveau Monde Graphite 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.

Nouveau Monde Graphite Accumulated Depreciation Related Terms

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Nouveau Monde Graphite (Nouveau Monde Graphite) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nouveau Monde Graphite Inc (NYSE:NMG) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

NM9A:Germany NM9A:Germany NOU:Canada

Address

481 Brassard Street, Saint-Michel-des-Saints, QC, CAN, J0K 3B0

Website

https://www.nmg.com

Nouveau Monde Graphite Inc is a mineral exploration company. The company specializes in the exploration, evaluation, and development of mineral properties located in Quebec and is developing a natural graphite-based anode material that would qualify as battery-grade material to supply the lithium-ion industry. The company currently operates in two segments: the Matawinie Mine Project and the Battery Material Plant project.