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MXROF (MAX Resource) Accumulated Depreciation : $-0.22 Mil (As of Mar. 2025)


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What is MAX Resource Accumulated Depreciation?

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

MAX Resource's quarterly accumulated depreciation declined from Sep. 2024 ($-0.21 Mil) to Dec. 2024 ($-0.19 Mil) but then increased from Dec. 2024 ($-0.19 Mil) to Mar. 2025 ($-0.22 Mil).

MAX Resource's annual accumulated depreciation increased from Dec. 2022 ($-0.06 Mil) to Dec. 2023 ($-0.15 Mil) and increased from Dec. 2023 ($-0.15 Mil) to Dec. 2024 ($-0.19 Mil).

MAX Resource Accumulated Depreciation Historical Data

The historical data trend for MAX Resource'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.

MAX Resource Accumulated Depreciation Chart

MAX Resource Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.03 -0.06 -0.15 -0.19

MAX Resource Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.17 -0.19 -0.21 -0.19 -0.22

MAX Resource 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.

MAX Resource Accumulated Depreciation Related Terms

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MAX Resource Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MAX Resource Corp (OTCPK:MXROF) » Definitions » Accumulated Depreciation
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Traded in Other Exchanges
M1D2:Germany MAX:Canada
Address
1570-200 Burrard Street, Vancouver, BC, CAN, V6C 3L6
Website
https://www.maxresource.com
MAX Resource Corp is a mineral exploration company advancing the newly discovered district-scale Cesar copper-silver project. Its Cesar project sits along with the Colombian portion producing copper belt (Andean belt), with infrastructure and the presence of global majors (Glencore and Chevron). The company holds a 100% interest in the RT Gold project in Peru. It has one operating segment which is the exploration of resource properties.