Southern Cross Gold Consolidated (ASX:SX2) Accumulated Depreciation: A$-1.01 Mil (As of May. 2026)

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ASX:SX2 Southern Cross Gold Consolidated Ltd ASX:SX2
10 GF Score
Price A$12.27
! 2 Warning Signs
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What is Southern Cross Gold Consolidated Accumulated Depreciation?

Southern Cross Gold Consolidated ASX:SX2 +0.25% 10 Accumulated Depreciation is A$-1.01 Mil as of May. 2026. GuruFocus rates ASX:SX2 with a GF Score™ of 10/100. The stock has 2 warning signs investors should review.

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

Southern Cross Gold Consolidated's quarterly accumulated depreciation increased from Nov. 2025 (A$-0.78 Mil) to Feb. 2026 (A$-0.92 Mil) and increased from Feb. 2026 (A$-0.92 Mil) to May. 2026 (A$-1.01 Mil).

Southern Cross Gold Consolidated's annual accumulated depreciation increased from May. 2024 (A$-0.28 Mil) to May. 2025 (A$-0.57 Mil) and increased from May. 2025 (A$-0.57 Mil) to May. 2026 (A$-1.01 Mil).

Southern Cross Gold Consolidated Accumulated Depreciation Related Terms

Southern Cross Gold Consolidated Accumulated Depreciation Historical Data

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The historical data trend for Southern Cross Gold Consolidated'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.

Southern Cross Gold Consolidated Accumulated Depreciation Chart

Southern Cross Gold Consolidated Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.41 -0.54 -0.28 -0.57 -1.01

Southern Cross Gold Consolidated Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 -0.57 -0.67 -0.78 -0.92 -1.01
ASX:SX2
10GF Score
Southern Cross Gold Consolidated Ltd ASX:SX2
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
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Southern Cross Gold Consolidated 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$-1.01 Mil mean?
Southern Cross Gold Consolidated (ASX:SX2) has a Accumulated Depreciation of A$-1.01 Mil as of May. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Southern Cross Gold Consolidated and its competitors.
Is Southern Cross Gold Consolidated's Accumulated Depreciation too high?
Southern Cross Gold Consolidated's current Accumulated Depreciation is A$-1.01 Mil. Overall, Southern Cross Gold Consolidated has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Southern Cross Gold Consolidated's Accumulated Depreciation compare to NEM and AU?
Southern Cross Gold Consolidated's Accumulated Depreciation of A$-1.01 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 Southern Cross Gold Consolidated and its competitors. Southern Cross Gold Consolidated's current Accumulated Depreciation is A$-1.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Cross Gold Consolidated stock overvalued right now?
Southern Cross Gold Consolidated (ASX:SX2) has a current Accumulated Depreciation of A$-1.01 Mil. The current Accumulated Depreciation is A$-1.01 Mil. Southern Cross Gold Consolidated's overall GF Score™ is 10/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For Southern Cross Gold Consolidated (ASX:SX2), the current Accumulated Depreciation is A$-1.01 Mil as of May. 2026. 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.

Southern Cross Gold Consolidated Business Description

Address 1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7
Southern Cross Gold Consolidated Ltd is a gold exploration company. The projects of the company include Sunday Creek, Redcastle, MT Isa, and others. The company is also engaged exploring in antimony in the Victorian Goldfields.
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A$12.27
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