Magna Gold (Magna Gold) Accumulated Depreciation : $-20.26 Mil (As of Sep. 2022)

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What is Magna Gold Accumulated Depreciation?

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

Magna Gold's quarterly accumulated depreciation increased from Mar. 2022 ($-17.56 Mil) to Jun. 2022 ($-19.81 Mil) and increased from Jun. 2022 ($-19.81 Mil) to Sep. 2022 ($-20.26 Mil).

Magna Gold's annual accumulated depreciation increased from Mar. 2019 ($0.00 Mil) to Mar. 2020 ($-0.00 Mil) and increased from Mar. 2020 ($-0.00 Mil) to Dec. 2021 ($-16.31 Mil).

Magna Gold Accumulated Depreciation Historical Data

The historical data trend for Magna Gold'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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Magna Gold Accumulated Depreciation Chart

Magna Gold Annual Data

Trend

Mar18

Mar19

Mar20

Dec21

Accumulated Depreciation

-16.31

Magna Gold Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Accumulated Depreciation	Get a 7-Day Free Trial														-11.33	-16.31	-17.56	-19.81	-20.26

Magna Gold 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.

Magna Gold Accumulated Depreciation Related Terms

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Magna Gold (Magna Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Magna Gold Corp (OTCPK:MGLQF) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 King Street East, Suite 902, Toronto, ON, CAN, M5C 1C4

Website

https://www.magnagoldcorp.com

Magna Gold Corp is a Canadian gold company engaged in operations, development, exploration, and acquisition in Mexico. Its primary asset is the San Francisco Gold Mine in Sonora, Mexico, and exploration stage projects include San Judas, La Pima, Mercedes, and others. The majority of its revenue comes from sales of Gold.