QMC Quantum Minerals (QMC Quantum Minerals) Accumulated Depreciation : $-0.05 Mil (As of Feb. 2024)

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What is QMC Quantum Minerals Accumulated Depreciation?

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

QMC Quantum Minerals's quarterly accumulated depreciation increased from Aug. 2023 ($-0.04 Mil) to Nov. 2023 ($-0.05 Mil) and increased from Nov. 2023 ($-0.05 Mil) to Feb. 2024 ($-0.05 Mil).

QMC Quantum Minerals's annual accumulated depreciation increased from Aug. 2021 ($-0.03 Mil) to Aug. 2022 ($-0.04 Mil) and increased from Aug. 2022 ($-0.04 Mil) to Aug. 2023 ($-0.04 Mil).

QMC Quantum Minerals Accumulated Depreciation Historical Data

The historical data trend for QMC Quantum Minerals'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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QMC Quantum Minerals Accumulated Depreciation Chart

QMC Quantum Minerals Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Accumulated Depreciation

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-0.01

-0.02

-0.03

-0.04

QMC Quantum Minerals Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accumulated Depreciation	Get a 7-Day Free Trial															-0.04	-0.04	-0.04	-0.05	-0.05

QMC Quantum Minerals 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.

QMC Quantum Minerals Accumulated Depreciation Related Terms

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QMC Quantum Minerals (QMC Quantum Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » QMC Quantum Minerals Corp (OTCPK:QMCQF) » Definitions » Accumulated Depreciation

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Traded in Other Exchanges

QMC:Canada

Address

755 Burrard Street, Suite 440, Vancouver, BC, CAN, V6Z 1X6

Website

https://www.qmcminerals.com

QMC Quantum Minerals Corp is a company engaged in the acquisition, exploration and development of resource properties. Its objective is to acquire, locate and develop economic deposits within the company's precious, base, rare metal resource properties of merit. The company's properties include the Irgon Lithium Mine Project, the Rocky Lake property, Rocky-Namew and Namew Lake properties.