XTC Lithium (ASX:XTC) Accumulated Depreciation: A$-0.09 Mil (As of Jun. 2024)

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What is XTC Lithium Accumulated Depreciation?

XTC Lithium ASX:XTC Accumulated Depreciation is A$-0.09 Mil as of Jun. 2024.

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

XTC Lithium's quarterly accumulated depreciation declined from Jun. 2023 (A$-0.08 Mil) to Dec. 2023 (A$0.00 Mil) but then increased from Dec. 2023 (A$0.00 Mil) to Jun. 2024 (A$-0.09 Mil).

XTC Lithium's annual accumulated depreciation increased from Jun. 2022 (A$-0.08 Mil) to Jun. 2023 (A$-0.08 Mil) and increased from Jun. 2023 (A$-0.08 Mil) to Jun. 2024 (A$-0.09 Mil).

XTC Lithium Accumulated Depreciation Related Terms

XTC Lithium Accumulated Depreciation Historical Data

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The historical data trend for XTC Lithium'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.

XTC Lithium Accumulated Depreciation Chart

XTC Lithium Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.11 -0.07 -0.08 -0.08 -0.09

XTC Lithium Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -0.08 0.00 -0.08 0.00 -0.09

XTC Lithium 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$-0.09 Mil mean?
XTC Lithium (ASX:XTC) has a Accumulated Depreciation of A$-0.09 Mil as of Jun. 2024. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on XTC Lithium and its competitors.
Is XTC Lithium's Accumulated Depreciation too high?
XTC Lithium's current Accumulated Depreciation is A$-0.09 Mil.
How does XTC Lithium's Accumulated Depreciation compare to competitors?
XTC Lithium's Accumulated Depreciation of A$-0.09 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 XTC Lithium and its competitors. XTC Lithium's current Accumulated Depreciation is A$-0.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XTC Lithium stock overvalued right now?
XTC Lithium (ASX:XTC) has a current Accumulated Depreciation of A$-0.09 Mil. The current Accumulated Depreciation is A$-0.09 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For XTC Lithium (ASX:XTC), the current Accumulated Depreciation is A$-0.09 Mil as of Jun. 2024. 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.

XTC Lithium Business Description

Address 63 Sinclair Street, Wollstonecraft, Sydney, NSW, AUS, 2065
XTC Lithium Ltd is a mineral exploration company. The company operates various projects which include the Carachi Lithium Project, Southern Cross Project, WA, and South Korean Assets. The Carachi project is located proximal to lithium brine explorer and developer, Lake Resources and are high in prospective for lithium.