PHOS (First Phosphate) Accumulated Depreciation: $-0.01 Mil (As of May. 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.

PHOS First Phosphate Corp PHOS
15 GF Score
Price $13.56
! 2 Warning Signs
View Full Analysis

What is First Phosphate Accumulated Depreciation?

First Phosphate PHOS +2.34% 15 Accumulated Depreciation is $-0.01 Mil as of May. 2026. GuruFocus rates PHOS with a GF Score™ of 15/100. The stock has 2 warning signs investors should review.

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

First Phosphate's quarterly accumulated depreciation declined from Nov. 2025 ($-0.00 Mil) to Feb. 2026 ($0.00 Mil) but then increased from Feb. 2026 ($0.00 Mil) to May. 2026 ($-0.01 Mil).

First Phosphate Accumulated Depreciation Related Terms

First Phosphate Accumulated Depreciation Historical Data

* Premium members only.

The historical data trend for First Phosphate'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.

First Phosphate Accumulated Depreciation Chart

First Phosphate Annual Data
Trend Feb11 Feb12 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

First Phosphate Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.00 0.00 -0.00 0.00 -0.01
PHOS
15GF Score
First Phosphate Corp PHOS
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Phosphate 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 $-0.01 Mil mean?
First Phosphate (PHOS) has a Accumulated Depreciation of $-0.01 Mil as of May. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on First Phosphate and its competitors.
Is First Phosphate's Accumulated Depreciation too high?
First Phosphate's current Accumulated Depreciation is $-0.01 Mil. Overall, First Phosphate has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does First Phosphate's Accumulated Depreciation compare to competitors?
First Phosphate's Accumulated Depreciation of $-0.01 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 First Phosphate and its competitors. First Phosphate's current Accumulated Depreciation is $-0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Phosphate stock overvalued right now?
First Phosphate (PHOS) has a current Accumulated Depreciation of $-0.01 Mil. The current Accumulated Depreciation is $-0.01 Mil. First Phosphate's overall GF Score™ is 15/100 with 2 warning signs 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 First Phosphate (PHOS), the current Accumulated Depreciation is $-0.01 Mil as of May. 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.

First Phosphate Business Description

Address 1055 West Georgia Street, Suite 1500, Royal Centre, P.O. Box 11117, Vancouver, BC, CAN, V6E 4N7
First Phosphate Corp owns and is developing igneous rock phosphate mineral properties in the Saguenay Region of Quebec for the production of phosphoric acid for the production of cathode active material for use in lithium iron phosphate (LPF) batteries for the electric vehicle industry.
15GF Score

Get the complete analysis for PHOS

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

$13.56
Price