LGLOF (Green Block Mining) Accumulated Depreciation: $ Mil (As of Aug. 2021)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Green Block Mining Accumulated Depreciation?

Green Block Mining LGLOF -90.00% Accumulated Depreciation is $ Mil as of Aug. 2021.

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

Green Block Mining's annual accumulated depreciation increased from Nov. 2018 ($-0.09 Mil) to Nov. 2019 ($-0.28 Mil) and increased from Nov. 2019 ($-0.28 Mil) to Nov. 2020 ($-0.49 Mil).


Green Block Mining Accumulated Depreciation Related Terms


Green Block Mining Accumulated Depreciation Historical Data

* Premium members only.

The historical data trend for Green Block 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.

Green Block Mining Accumulated Depreciation Chart

Green Block Mining Annual Data
Trend Nov18 Nov19 Nov20
Accumulated Depreciation
-0.09 -0.28 -0.49

Green Block Mining Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21
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 - - - - -

Green Block 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 $ Mil mean?
Green Block Mining (LGLOF) has a Accumulated Depreciation of $ Mil as of Aug. 2021. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Green Block Mining and its competitors.
Is Green Block Mining's Accumulated Depreciation too high?
Green Block Mining's current Accumulated Depreciation is $ Mil.
How does Green Block Mining's Accumulated Depreciation compare to CRM and INTU?
Green Block Mining's Accumulated Depreciation of $ Mil can be compared against companies in the Software 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 Software company?
A good Accumulated Depreciation depends on the Software 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 Green Block Mining and its competitors. Green Block Mining's current Accumulated Depreciation is $ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Block Mining stock overvalued right now?
Green Block Mining (LGLOF) has a current Accumulated Depreciation of $ Mil. The current Accumulated Depreciation is $ 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 Green Block Mining (LGLOF), the current Accumulated Depreciation is $ Mil as of Aug. 2021. 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.

Green Block Mining Business Description

Address 800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6
Green Block Mining Corp, formerly Link Global Technologies Inc is a innovative power and infrastructure solution provider for digital mining and data hosting operations. LINK maximizes the potential of today's technologies through power solutions. It builds and manages semi-portable, self-contained power solutions that can be rapidly deployed in virtually any environment. With the low-cost, energy-efficient and smart infrastructure company provides digital mining services to third parties.