Atlantic Gold NL (ASX:ATVCD) Accumulated Depreciation: A$-0.10 Mil (As of Dec. 2013)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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What is Atlantic Gold NL Accumulated Depreciation?

Atlantic Gold NL ASX:ATVCD Accumulated Depreciation is A$-0.10 Mil as of Dec. 2013. The stock has 3 warning signs investors should review.

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

Atlantic Gold NL's quarterly accumulated depreciation declined from Dec. 2012 (A$-0.09 Mil) to Jun. 2013 (A$0.00 Mil) but then increased from Jun. 2013 (A$0.00 Mil) to Dec. 2013 (A$-0.10 Mil).

Atlantic Gold NL's annual accumulated depreciation increased from Dec. 2011 (A$-0.06 Mil) to Dec. 2012 (A$-0.09 Mil) and increased from Dec. 2012 (A$-0.09 Mil) to Dec. 2013 (A$-0.10 Mil).

Atlantic Gold NL Accumulated Depreciation Related Terms

Atlantic Gold NL Accumulated Depreciation Historical Data

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The historical data trend for Atlantic Gold NL'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.

Atlantic Gold NL Accumulated Depreciation Chart

Atlantic Gold NL Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.07 -0.06 -0.06 -0.09 -0.10

Atlantic Gold NL Semi-Annual Data
Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
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 -0.06 0.00 -0.09 0.00 -0.10

Atlantic Gold NL 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 A$-0.10 Mil mean?
Atlantic Gold NL (ASX:ATVCD) has a Accumulated Depreciation of A$-0.10 Mil as of Dec. 2013. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Atlantic Gold NL and its competitors.
Is Atlantic Gold NL's Accumulated Depreciation too high?
Atlantic Gold NL's current Accumulated Depreciation is A$-0.10 Mil.
How does Atlantic Gold NL's Accumulated Depreciation compare to competitors?
Atlantic Gold NL's Accumulated Depreciation of A$-0.10 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 Atlantic Gold NL and its competitors. Atlantic Gold NL's current Accumulated Depreciation is A$-0.10 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlantic Gold NL stock overvalued right now?
Atlantic Gold NL (ASX:ATVCD) has a current Accumulated Depreciation of A$-0.10 Mil. The current Accumulated Depreciation is A$-0.10 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For Atlantic Gold NL (ASX:ATVCD), the current Accumulated Depreciation is A$-0.10 Mil as of Dec. 2013. 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.

Atlantic Gold NL Business Description

Atlantic Gold NL (ATV, former Diamond Ventures NL) is primarily involved in the exploration of gold and diamonds in Australia and Canada. Current focus is on the development of the Touquoy project in Canada.