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GuruFocus has detected 2 Warning Signs with First Majestic Silver Corp $AG.
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First Majestic Silver Corp (NYSE:AG)
Accumulated Depreciation
$-255.7 Mil (As of Dec. 2016)

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

First Majestic Silver Corp's quarterly accumulated depreciation declined from Jun. 2016 ($-235.7 Mil) to Sep. 2016 ($0.0 Mil) but then increased from Sep. 2016 ($0.0 Mil) to Dec. 2016 ($-255.7 Mil).

First Majestic Silver Corp's annual accumulated depreciation increased from Dec. 2014 ($-124.8 Mil) to Dec. 2015 ($-214.9 Mil) and increased from Dec. 2015 ($-214.9 Mil) to Dec. 2016 ($-255.7 Mil).


Definition

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.


Related Terms

Property, Plant and Equipment, Gross Property, Plant and Equipment


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

First Majestic Silver Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
AccumulatedDepreciation -2.30.0-25.0-14.4-24.9-43.9-69.9-124.8-214.9-255.7

First Majestic Silver Corp Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
AccumulatedDepreciation -124.8-133.7-142.3-150.3-214.9-225.4-235.70.0-255.70.0
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