GSDC (Goldsands Development Co) Accumulated Depreciation: $-0.18 Mil (As of Sep. 2011)

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What is Goldsands Development Co Accumulated Depreciation?

Goldsands Development Co GSDC -99.67% Accumulated Depreciation is $-0.18 Mil as of Sep. 2011.

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

Goldsands Development Co's quarterly accumulated depreciation increased from Mar. 2011 ($-0.14 Mil) to Jun. 2011 ($-0.16 Mil) and increased from Jun. 2011 ($-0.16 Mil) to Sep. 2011 ($-0.18 Mil).

Goldsands Development Co's annual accumulated depreciation increased from Dec. 2008 ($-0.02 Mil) to Dec. 2009 ($-0.14 Mil) but then stayed the same from Dec. 2009 ($-0.14 Mil) to Dec. 2010 ($-0.13 Mil).

Goldsands Development Co Accumulated Depreciation Related Terms

Goldsands Development Co Accumulated Depreciation Historical Data

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The historical data trend for Goldsands Development Co'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.

Goldsands Development Co Accumulated Depreciation Chart

Goldsands Development Co Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Accumulated Depreciation
Get a 7-Day Free Trial -0.13 0.00 -0.02 -0.14 -0.13

Goldsands Development Co Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 -0.11 -0.13 -0.14 -0.16 -0.18

Goldsands Development Co 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 $-0.18 Mil mean?
Goldsands Development Co (GSDC) has a Accumulated Depreciation of $-0.18 Mil as of Sep. 2011. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Goldsands Development Co and its competitors.
Is Goldsands Development Co's Accumulated Depreciation too high?
Goldsands Development Co's current Accumulated Depreciation is $-0.18 Mil.
How does Goldsands Development Co's Accumulated Depreciation compare to AGLAF and KSTBF?
Goldsands Development Co's Accumulated Depreciation of $-0.18 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 Goldsands Development Co and its competitors. Goldsands Development Co's current Accumulated Depreciation is $-0.18 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldsands Development Co stock overvalued right now?
Goldsands Development Co (GSDC) has a current Accumulated Depreciation of $-0.18 Mil. The current Accumulated Depreciation is $-0.18 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 Goldsands Development Co (GSDC), the current Accumulated Depreciation is $-0.18 Mil as of Sep. 2011. 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.

Goldsands Development Co Business Description

Address Calle Juan Fanning 219, Miraflores, Lima, PER
Goldsands Development Co is a U.S. based company engages in the exploration and development of gold deposits in Peru.