NextSource Materials (TSX:NEXT) Accumulated Depreciation : C$-1.37 Mil (As of Mar. 2024)

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What is NextSource Materials Accumulated Depreciation?

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

NextSource Materials's quarterly accumulated depreciation increased from Sep. 2023 (C$-0.61 Mil) to Dec. 2023 (C$-0.91 Mil) and increased from Dec. 2023 (C$-0.91 Mil) to Mar. 2024 (C$-1.37 Mil).

NextSource Materials's annual accumulated depreciation increased from Jun. 2021 (C$-0.02 Mil) to Jun. 2022 (C$-0.06 Mil) and increased from Jun. 2022 (C$-0.06 Mil) to Jun. 2023 (C$-0.57 Mil).

NextSource Materials Accumulated Depreciation Historical Data

The historical data trend for NextSource Materials'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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NextSource Materials Accumulated Depreciation Chart

NextSource Materials Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accumulated Depreciation

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-0.01

-0.02

-0.06

-0.57

NextSource Materials 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															-0.26	-0.57	-0.61	-0.91	-1.37

NextSource Materials 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.

NextSource Materials Accumulated Depreciation Related Terms

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NextSource Materials (TSX:NEXT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » NextSource Materials Inc (TSX:NEXT) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

NSRCF:USA 1JWA:Germany

Address

130 King Street West, Exchange Tower, Suite 1940, Toronto, ON, CAN, M5X 2A2

Website

https://www.nextsourcematerials.com

NextSource Materials Inc is a strategic materials development company based in Toronto, Canada. The company's Molo graphite project in Madagascar is one of the largest known and highest-quality graphite deposits globally, and contains SuperFlake graphite. The company also holds an interest in Green Giant Vanadium Project.

Executives

Quentin Yarie

Director