MGPRF (PlasCred Circular Innovations) Accumulated Depreciation: $-0.59 Mil (As of Mar. 2026)

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.

MGPRF PlasCred Circular Innovations Inc MGPRF
23 GF Score
Price $0.11
! 1 Warning Sign
View Full Analysis

What is PlasCred Circular Innovations Accumulated Depreciation?

PlasCred Circular Innovations MGPRF -1.40% 23 Accumulated Depreciation is $-0.59 Mil as of Mar. 2026. GuruFocus rates MGPRF with a GF Score™ of 23/100. The stock has 1 warning sign investors should review.

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

PlasCred Circular Innovations's quarterly accumulated depreciation increased from Sep. 2025 ($-0.46 Mil) to Dec. 2025 ($-0.53 Mil) and increased from Dec. 2025 ($-0.53 Mil) to Mar. 2026 ($-0.59 Mil).

PlasCred Circular Innovations's annual accumulated depreciation increased from Dec. 2023 ($-0.05 Mil) to Dec. 2024 ($-0.28 Mil) and increased from Dec. 2024 ($-0.28 Mil) to Dec. 2025 ($-0.53 Mil).

PlasCred Circular Innovations Accumulated Depreciation Related Terms

PlasCred Circular Innovations Accumulated Depreciation Historical Data

* Premium members only.

The historical data trend for PlasCred Circular Innovations'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.

PlasCred Circular Innovations Accumulated Depreciation Chart

PlasCred Circular Innovations Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Accumulated Depreciation
0.00 -0.05 -0.28 -0.53

PlasCred Circular Innovations Quarterly Data
Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -0.33 -0.41 -0.46 -0.53 -0.59
MGPRF
23GF Score
PlasCred Circular Innovations Inc MGPRF
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PlasCred Circular Innovations 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 $-0.59 Mil mean?
PlasCred Circular Innovations (MGPRF) has a Accumulated Depreciation of $-0.59 Mil as of Mar. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on PlasCred Circular Innovations and its competitors.
Is PlasCred Circular Innovations' Accumulated Depreciation too high?
PlasCred Circular Innovations' current Accumulated Depreciation is $-0.59 Mil. Overall, PlasCred Circular Innovations has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does PlasCred Circular Innovations' Accumulated Depreciation compare to WM and RSG?
PlasCred Circular Innovations' Accumulated Depreciation of $-0.59 Mil can be compared against companies in the Waste Management 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 Waste Management company?
A good Accumulated Depreciation depends on the Waste Management 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 PlasCred Circular Innovations and its competitors. PlasCred Circular Innovations's current Accumulated Depreciation is $-0.59 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PlasCred Circular Innovations stock overvalued right now?
PlasCred Circular Innovations (MGPRF) has a current Accumulated Depreciation of $-0.59 Mil. The current Accumulated Depreciation is $-0.59 Mil. PlasCred Circular Innovations' overall GF Score™ is 23/100 with 1 warning sign to review. 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 PlasCred Circular Innovations (MGPRF), the current Accumulated Depreciation is $-0.59 Mil as of Mar. 2026. 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.

PlasCred Circular Innovations Business Description

Other Exchanges XV2:GermanyPLAS:Canada
Address 715 - 5th Avenue SW, Suite 815, Vancouver, BC, CAN, T2P 2X6
PlasCred Circular Innovations Inc is a clean technology company transforming hard-to-recycle plastic waste into high-value, circular petrochemical feedstock through a proprietary, patent-pending catalytic pyrolysis process. Its product, Renewable Green Condensate (RGC), is used to manufacture virgin-grade plastic and supports compliance with Extended Producer Responsibility (EPR) regulations. PlasCred's technology is validated at its Calgary-based pilot plant (Primus) and is being scaled at its commercial facility, Neos.
23GF Score

Get the complete analysis for MGPRF

Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.11
Price