Solis Minerals (ASX:SLM) Accumulated Depreciation: A$-0.03 Mil (As of May. 2025)

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What is Solis Minerals Accumulated Depreciation?

Solis Minerals ASX:SLM +2.82% Accumulated Depreciation is A$-0.03 Mil as of May. 2025.

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

Solis Minerals's quarterly accumulated depreciation increased from Nov. 2024 (A$-0.19 Mil) to Feb. 2025 (A$-0.19 Mil) but then stayed the same from Feb. 2025 (A$-0.19 Mil) to May. 2025 (A$-0.03 Mil).

Solis Minerals's annual accumulated depreciation increased from May. 2022 (A$-0.21 Mil) to May. 2023 (A$-0.21 Mil) but then stayed the same from May. 2023 (A$-0.21 Mil) to May. 2024 (A$-0.19 Mil).

Solis Minerals Accumulated Depreciation Related Terms

Solis Minerals Accumulated Depreciation Historical Data

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The historical data trend for Solis 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.

Solis Minerals Accumulated Depreciation Chart

Solis Minerals Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.20 -0.20 -0.21 -0.21 -0.19

Solis Minerals Quarterly Data
Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Mar26
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 -0.19 -0.19 -0.19 -0.03 0.00

Solis 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 A$-0.03 Mil mean?
Solis Minerals (ASX:SLM) has a Accumulated Depreciation of A$-0.03 Mil as of May. 2025. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Solis Minerals and its competitors.
Is Solis Minerals' Accumulated Depreciation too high?
Solis Minerals' current Accumulated Depreciation is A$-0.03 Mil.
How does Solis Minerals' Accumulated Depreciation compare to SCCO and FCX?
Solis Minerals' Accumulated Depreciation of A$-0.03 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 Solis Minerals and its competitors. Solis Minerals's current Accumulated Depreciation is A$-0.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solis Minerals stock overvalued right now?
Solis Minerals (ASX:SLM) has a current Accumulated Depreciation of A$-0.03 Mil. The current Accumulated Depreciation is A$-0.03 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For Solis Minerals (ASX:SLM), the current Accumulated Depreciation is A$-0.03 Mil as of May. 2025. 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.

Solis Minerals Business Description

Other Exchanges SLMFF:USA08WA:Germany
Address Unit 3, 32 Harrogate Street, West Leederville, Perth, WA, AUS, WA 6007
Solis Minerals Ltd is a resource exploration company engaged in the acquisition, exploration, and development of mineral resource properties. The Company operates in a single reportable operating segment being the exploration and development of mineral properties. The company is focused on the acquisition of the Peru Copper projects. It also holds an interest in Chancho al Palo Copper Project, Borborema Lithium Project, Brazil, Canyon Project and others.