Torque Metals (ASX:TOR) Accumulated Depreciation : A$0.00 Mil (As of Dec. 2023)

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What is Torque Metals Accumulated Depreciation?

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

Torque Metals's quarterly accumulated depreciation increased from Dec. 2022 (A$0.00 Mil) to Jun. 2023 (A$-0.06 Mil) but then stayed the same from Jun. 2023 (A$-0.06 Mil) to Dec. 2023 (A$0.00 Mil).

Torque Metals's annual accumulated depreciation increased from Jun. 2021 (A$0.00 Mil) to Jun. 2022 (A$-0.03 Mil) and increased from Jun. 2022 (A$-0.03 Mil) to Jun. 2023 (A$-0.06 Mil).

Torque Metals Accumulated Depreciation Historical Data

The historical data trend for Torque Metals'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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Torque Metals Accumulated Depreciation Chart

Torque Metals Annual Data

Trend

Jun21

Jun22

Jun23

Accumulated Depreciation

-0.03

-0.06

Torque Metals Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accumulated Depreciation	Get a 7-Day Free Trial			-	-0.03	-	-0.06	-

Torque Metals 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.

Torque Metals Accumulated Depreciation Related Terms

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Torque Metals (ASX:TOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Torque Metals Ltd (ASX:TOR) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 - 18 Nicholson Road, Unit 8, Subiaco, WA, AUS, 6008

Website

https://www.torquemetals.com

Torque Metals Ltd is a smart exploration company with a discovery methodology, combining drilling results with machine learning algorithms and geological interpretation. The company has three projects namely; New Dawn Lithium Project, Bullfinch Gold Project, and Paris Gold Project. The Company operates in one segment being exploration in Western Australia, Australia.

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