Puissant Industries (Puissant Industries) Accumulated Depreciation : $-0.06 Mil (As of Dec. 2013)

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What is Puissant Industries Accumulated Depreciation?

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

Puissant Industries's quarterly accumulated depreciation increased from Dec. 2011 ($0.00 Mil) to Dec. 2012 ($-0.03 Mil) and increased from Dec. 2012 ($-0.03 Mil) to Dec. 2013 ($-0.06 Mil).

Puissant Industries's annual accumulated depreciation increased from Dec. 2011 ($0.00 Mil) to Dec. 2012 ($-0.03 Mil) and increased from Dec. 2012 ($-0.03 Mil) to Dec. 2013 ($-0.06 Mil).

Puissant Industries Accumulated Depreciation Historical Data

The historical data trend for Puissant Industries'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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Puissant Industries Accumulated Depreciation Chart

Puissant Industries Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Accumulated Depreciation

-0.03

-0.06

Puissant Industries Semi-Annual Data
	Dec10	Dec11	Dec12	Dec13
Accumulated Depreciation	-	-	-0.03	-0.06

Puissant Industries 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.

Puissant Industries Accumulated Depreciation Related Terms

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Puissant Industries (Puissant Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Puissant Industries Inc (OTCPK:PSSS) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

480 Lexington Road, Suite 12, Versailles, KY, USA, 40383

Website

http://www.psss.co

Puissant Industries Inc is a rapidly growing independent energy company engaged in the exploration, development, acquisition, and production of crude oil and natural gas with operations focused in the United States. The Company's focus is on the redevelopment of producing oils and gas properties and is currently producing commercial quantities of oil and gas from fields it owns and operates.

Executives

Carbon River Holdings, Inc.	10 percent owner	520 WHITLEY STREET, LONDON KY 40743
Logos Resources, Inc.	10 percent owner	520 WHITLEY STREET, LONDON KY 40743
Marshall E. Holbrook	director, officer: Vice President	520 WHITLEY STREET, LONDON KY 40743
Holbrook Cora J.	director, officer: Secretary/Treasurer	520 WHITLEY STREET, LONDON KY 40743
Mccrome International Inc.	10 percent owner	520 WHITLEY STREET, LONDON KY 40743
Sovereign One, Inc.	10 percent owner	520 WHITLEY STREET, LONDON KY 40743
Mark E. Holbrook	director, officer: President	520 WHITLEY STREET, LONDON KY 40743

Puissant Industries (Puissant Industries) Headlines

From GuruFocus

Joint Venture Between Puissant Industries, Inc. and EnerMining Corp.

By ACCESSWIRE ACCESSWIRE • 01-14-2022