Alderon Iron Ore (Alderon Iron Ore) Accumulated Depreciation : $-9.66 Mil (As of Sep. 2019)

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What is Alderon Iron Ore Accumulated Depreciation?

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

Alderon Iron Ore's quarterly accumulated depreciation increased from Mar. 2019 ($-9.56 Mil) to Jun. 2019 ($-68.65 Mil) but then stayed the same from Jun. 2019 ($-68.65 Mil) to Sep. 2019 ($-9.66 Mil).

Alderon Iron Ore's annual accumulated depreciation increased from Dec. 2016 ($0.00 Mil) to Dec. 2017 ($-71.42 Mil) but then stayed the same from Dec. 2017 ($-71.42 Mil) to Dec. 2018 ($-67.88 Mil).

Alderon Iron Ore Accumulated Depreciation Historical Data

The historical data trend for Alderon Iron Ore'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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Alderon Iron Ore Accumulated Depreciation Chart

Alderon Iron Ore Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Accumulated Depreciation

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-0.43

-71.42

-67.88

Alderon Iron Ore Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Accumulated Depreciation	Get a 7-Day Free Trial															-9.81	-67.88	-9.56	-68.65	-9.66

Alderon Iron Ore 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.

Alderon Iron Ore Accumulated Depreciation Related Terms

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Alderon Iron Ore (Alderon Iron Ore) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alderon Iron Ore Corp (OTCPK:AXXDF) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

1140 West Pender Street, Suite 1240, Vancouver, BC, CAN, V6E 4G1

Website

https://www.alderonironore.com

Alderon Iron Ore Corp is a Canada based development-stage company. It is conducting iron ore evaluation activities related entirely to its Canadian properties located in western Labrador in the province of Newfoundland and Labrador. The company's operating segment is the acquisition, exploration, and evaluation of mineral resources. Its flagship project is the Kami Iron Ore project located in the Labrador Trough.

Alderon Iron Ore (Alderon Iron Ore) Headlines

From GuruFocus

Altius to Increase Shareholdings in Alderon

By GlobeNewswire GlobeNewswire • 03-22-2018

Alderon Signs Energy Infrastructure MOU with Envest Corp. for the Premium-Quality Kami Iron Ore Project

By GlobeNewswire GlobeNewswire • 02-27-2019

Mr. John Baker Resigns from the Board of Alderon

By GlobeNewswire GlobeNewswire • 12-16-2019

Alderon Announces Results of its Updated Feasibility Study Demonstrating US$1.7 Billion NPV at 8% discount rate and 24.6% IRR (Pre-Tax) for the Premium-Quality Kami Iron Ore Project

By GlobeNewswire GlobeNewswire • 09-26-2018