CMLGF (Canickel Mining) Accumulated Depreciation: $-137.49 Mil (As of Mar. 2025)

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CMLGF Canickel Mining Ltd CMLGF
12 GF Score
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What is Canickel Mining Accumulated Depreciation?

Canickel Mining CMLGF -100.00% 12 Accumulated Depreciation is $-137.49 Mil as of Mar. 2025. GuruFocus rates CMLGF with a GF Score™ of 12/100.

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

Canickel Mining's quarterly accumulated depreciation declined from Sep. 2024 ($-145.72 Mil) to Dec. 2024 ($-138.37 Mil) but then stayed the same from Dec. 2024 ($-138.37 Mil) to Mar. 2025 ($-137.49 Mil).

Canickel Mining's annual accumulated depreciation increased from Dec. 2022 ($-143.94 Mil) to Dec. 2023 ($-146.55 Mil) but then stayed the same from Dec. 2023 ($-146.55 Mil) to Dec. 2024 ($-138.37 Mil).

Canickel Mining Accumulated Depreciation Related Terms

Canickel Mining Accumulated Depreciation Historical Data

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The historical data trend for Canickel Mining'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.

Canickel Mining Accumulated Depreciation Chart

Canickel Mining Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -148.59 -150.08 -143.94 -146.55 -138.37

Canickel Mining Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -145.44 -143.84 -145.72 -138.37 -137.49
CMLGF
12GF Score
Canickel Mining Ltd CMLGF
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
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Canickel Mining 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 $-137.49 Mil mean?
Canickel Mining (CMLGF) has a Accumulated Depreciation of $-137.49 Mil as of Mar. 2025. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Canickel Mining and its competitors.
Is Canickel Mining's Accumulated Depreciation too high?
Canickel Mining's current Accumulated Depreciation is $-137.49 Mil. Overall, Canickel Mining has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Canickel Mining's Accumulated Depreciation compare to NRHI and WOLV?
Canickel Mining's Accumulated Depreciation of $-137.49 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 Canickel Mining and its competitors. Canickel Mining's current Accumulated Depreciation is $-137.49 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canickel Mining stock overvalued right now?
Canickel Mining (CMLGF) has a current Accumulated Depreciation of $-137.49 Mil. The current Accumulated Depreciation is $-137.49 Mil. Canickel Mining's overall GF Score™ is 12/100. 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 Canickel Mining (CMLGF), the current Accumulated Depreciation is $-137.49 Mil as of Mar. 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.

Canickel Mining Business Description

Address 320 Granville Street, Suite 720, Vancouver, BC, CAN, V6B 0G5
Canickel Mining Ltd is a Canadian resource company focused on the care and maintenance of its owned Bucko Lake Mine and nickel sulphide project located near Wabowden, Manitoba. The company has single reportable segment and is focused on nickel mining and related activities, including exploration and the extraction and processing of nickel-containing ore.
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Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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