Mainstreet Equity (TSX:MEQ) Accumulated Depreciation : C$0.0 Mil (As of Mar. 2024)

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What is Mainstreet Equity Accumulated Depreciation?

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

Mainstreet Equity's quarterly accumulated depreciation declined from Sep. 2023 (C$-5.7 Mil) to Dec. 2023 (C$0.0 Mil) but then stayed the same from Dec. 2023 (C$0.0 Mil) to Mar. 2024 (C$0.0 Mil).

Mainstreet Equity's annual accumulated depreciation increased from Sep. 2021 (C$-4.7 Mil) to Sep. 2022 (C$-5.2 Mil) and increased from Sep. 2022 (C$-5.2 Mil) to Sep. 2023 (C$-5.7 Mil).

Mainstreet Equity Accumulated Depreciation Historical Data

The historical data trend for Mainstreet Equity'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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Mainstreet Equity Accumulated Depreciation Chart

Mainstreet Equity Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accumulated Depreciation

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-3.69

-4.20

-4.70

-5.24

-5.75

Mainstreet Equity 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															-	-	-5.75	-	-

Mainstreet Equity 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.

Mainstreet Equity Accumulated Depreciation Related Terms

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Mainstreet Equity (TSX:MEQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mainstreet Equity Corp (TSX:MEQ) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

MEQYF:USA

Address

10th Avenue SE, Suite 305, Calgary, AB, CAN, T2G 0W2

Website

https://www.mainst.biz

Mainstreet Equity Corp is a residential real estate company. It is focused on the acquisition, redevelopment, repositioning, and management of mid-market rental apartment buildings. The business specializes in multi-family residential housing operating in a single segment. Geographically it operates in Canadian provinces including British Columbia, Alberta, Saskatchewan and Manitoba. The company generates revenue from rental income and others.

Executives

Richard Grimaldi

Director

Mainstreet Equity (TSX:MEQ) Headlines

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