MSMGF (Grid Metals) Accumulated Depreciation : $-0.08 Mil (As of Sep. 2024)

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What is Grid Metals Accumulated Depreciation?

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

Grid Metals's quarterly accumulated depreciation increased from Mar. 2024 ($-0.07 Mil) to Jun. 2024 ($-0.08 Mil) and increased from Jun. 2024 ($-0.08 Mil) to Sep. 2024 ($-0.08 Mil).

Grid Metals's annual accumulated depreciation increased from Dec. 2021 ($-0.03 Mil) to Dec. 2022 ($-0.04 Mil) and increased from Dec. 2022 ($-0.04 Mil) to Dec. 2023 ($-0.16 Mil).

Grid Metals Accumulated Depreciation Historical Data

The historical data trend for Grid Metals'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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Grid Metals Accumulated Depreciation Chart

Grid Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-0.03

-0.04

-0.16

Grid Metals Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accumulated Depreciation	Get a 7-Day Free Trial															-0.06	-0.16	-0.07	-0.08	-0.08

Grid Metals 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.

Grid Metals Accumulated Depreciation Related Terms

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Grid Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Grid Metals Corp (OTCPK:MSMGF) » Definitions » Accumulated Depreciation

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GRDM:Canada

Address

3335 Yonge Street, Suite 304, Toronto, ON, CAN, M5N 2M1

Website

https://www.gridmetalscorp.com

Grid Metals Corp is an exploration and development company focused on both lithium and copper/nickel projects in the Bird River area, approximately 150 km northeast of Winnipeg Manitoba.. The company has a diversified portfolio of properties where it is actively exploring for Nickel-Copper, palladium, and lithium.