Geodrill (TSX:GEO) Accumulated Depreciation : C$-116.4 Mil (As of Dec. 2023)

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What is Geodrill Accumulated Depreciation?

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

Geodrill's quarterly accumulated depreciation increased from Jun. 2023 (C$-113.5 Mil) to Sep. 2023 (C$-116.7 Mil) but then stayed the same from Sep. 2023 (C$-116.7 Mil) to Dec. 2023 (C$-116.4 Mil).

Geodrill's annual accumulated depreciation increased from Dec. 2021 (C$-99.4 Mil) to Dec. 2022 (C$-112.1 Mil) and increased from Dec. 2022 (C$-112.1 Mil) to Dec. 2023 (C$-116.4 Mil).

Geodrill Accumulated Depreciation Historical Data

The historical data trend for Geodrill'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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Geodrill Accumulated Depreciation Chart

Geodrill Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-88.43

-93.07

-99.43

-112.10

-116.39

Geodrill 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															-112.10	-115.04	-113.47	-116.67	-116.39

Geodrill 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.

Geodrill Accumulated Depreciation Related Terms

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Geodrill (TSX:GEO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Geodrill Ltd (TSX:GEO) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

GEODF:USA 7GD:Germany

Address

18 Peel Road, South Suite, Ragnall House, Douglas, IMN, IM1 4LZ

Website

https://www.geodrill-gh.com

Geodrill Ltd is an exploration drilling company. It mainly operates a fleet of multi-purpose, core, air-core, and grade control drill rigs. The company provides reverse circulation, diamond core, air-core, grade control, geo-tech, and water bore drilling services to major, intermediate, and junior mining companies.