AMLM (American Lithium Minerals) Accumulated Depreciation: $-0.01 Mil (As of Jun. 2011)

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What is American Lithium Minerals Accumulated Depreciation?

American Lithium Minerals AMLM -0.25% Accumulated Depreciation is $-0.01 Mil as of Jun. 2011.

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

American Lithium Minerals's quarterly accumulated depreciation increased from Dec. 2010 ($-0.00 Mil) to Mar. 2011 ($-0.00 Mil) and increased from Mar. 2011 ($-0.00 Mil) to Jun. 2011 ($-0.01 Mil).

American Lithium Minerals's annual accumulated depreciation stayed the same from Sep. 2008 ($0.00 Mil) to Sep. 2009 ($0.00 Mil) but then increased from Sep. 2009 ($0.00 Mil) to Sep. 2010 ($-0.00 Mil).

American Lithium Minerals Accumulated Depreciation Related Terms

American Lithium Minerals Accumulated Depreciation Historical Data

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The historical data trend for American Lithium Minerals'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.

American Lithium Minerals Accumulated Depreciation Chart

American Lithium Minerals Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10
Accumulated Depreciation
0.00 0.00 0.00 0.00 -0.00

American Lithium Minerals Quarterly Data
Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11
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 -0.00 -0.00 -0.00 -0.00 -0.01

American Lithium Minerals 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.

What does a Accumulated Depreciation of $-0.01 Mil mean?
American Lithium Minerals (AMLM) has a Accumulated Depreciation of $-0.01 Mil as of Jun. 2011. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on American Lithium Minerals and its competitors.
Is American Lithium Minerals' Accumulated Depreciation too high?
American Lithium Minerals' current Accumulated Depreciation is $-0.01 Mil.
How does American Lithium Minerals' Accumulated Depreciation compare to RMES and LITH?
American Lithium Minerals' Accumulated Depreciation of $-0.01 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for a Metals & Mining company?
A good Accumulated Depreciation depends on the Metals & Mining industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on American Lithium Minerals and its competitors. American Lithium Minerals's current Accumulated Depreciation is $-0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Lithium Minerals stock overvalued right now?
American Lithium Minerals (AMLM) has a current Accumulated Depreciation of $-0.01 Mil. The current Accumulated Depreciation is $-0.01 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For American Lithium Minerals (AMLM), the current Accumulated Depreciation is $-0.01 Mil as of Jun. 2011. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

American Lithium Minerals Business Description

Address 6440 Sky Pointe Drive, Suite 140-149, Las Vegas, NV, USA, 89131
American Lithium Minerals Inc. is engaged in the acquisition and exploration of mining properties. The company focuses on exploring lithium, uranium, and rare earth elements. Its projects include the Sarcobatus Lithium Project, located at Scotty's Junction in Nye County, Nevada, and the Kingman Rare Earth Project, situated about 5 miles north of Kingman, Arizona, on the eastern flank of Bull Mountain.