McChip Resources (TSXV:MCS) Accumulated Depreciation : C$-0.04 Mil (As of Dec. 2023)

View and export this data going back to 1935. Start your Free Trial

What is McChip Resources Accumulated Depreciation?

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

McChip Resources's quarterly accumulated depreciation increased from Jun. 2023 (C$-0.02 Mil) to Sep. 2023 (C$-0.03 Mil) and increased from Sep. 2023 (C$-0.03 Mil) to Dec. 2023 (C$-0.04 Mil).

McChip Resources's annual accumulated depreciation declined from Dec. 2021 (C$-0.02 Mil) to Dec. 2022 (C$-0.01 Mil) but then increased from Dec. 2022 (C$-0.01 Mil) to Dec. 2023 (C$-0.04 Mil).

McChip Resources Accumulated Depreciation Historical Data

The historical data trend for McChip Resources'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.

* Premium members only.

McChip Resources Accumulated Depreciation Chart

McChip Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

Get a 7-Day Free Trial

-0.02

-0.01

-0.04

McChip Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accumulated Depreciation	Get a 7-Day Free Trial															-0.01	-0.02	-0.02	-0.03	-0.04

McChip Resources 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.

McChip Resources Accumulated Depreciation Related Terms

Thank you for viewing the detailed overview of McChip Resources's Accumulated Depreciation provided by GuruFocus.com. Please click on the following links to see related term pages.

McChip Resources (TSXV:MCS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » McChip Resources Inc (TSXV:MCS) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

MCCHF:USA

Address

130 Adelaide Street West, Suite 1910, Box 18 - Richmond Adelaide Centre, Toronto, ON, CAN, M5H 3P5

Website

McChip Resources Inc is engaged in the natural resource industry. The company invests in petroleum interests in Western Canada, as well as direct and indirect interests in minerals.

Executives

Richard Duncan Mccloskey

Director, Senior Officer