SCCFF (Strategic Resources) Accumulated Depreciation: $-1.48 Mil (As of Mar. 2023)

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SCCFF Strategic Resources Inc SCCFF
35 GF Score
Price $0.21
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What is Strategic Resources Accumulated Depreciation?

Strategic Resources SCCFF 35 Accumulated Depreciation is $-1.48 Mil as of Mar. 2023. GuruFocus rates SCCFF with a GF Score™ of 35/100.

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

Strategic Resources's quarterly accumulated depreciation stayed the same from Sep. 2022 ($0.00 Mil) to Dec. 2022 ($0.00 Mil) but then increased from Dec. 2022 ($0.00 Mil) to Mar. 2023 ($-1.48 Mil).

Strategic Resources Accumulated Depreciation Related Terms

Strategic Resources Accumulated Depreciation Historical Data

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The historical data trend for Strategic Resources'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.

Strategic Resources Accumulated Depreciation Chart

Strategic Resources Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Strategic Resources Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -1.48
SCCFF
35GF Score
Strategic Resources Inc SCCFF
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
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Strategic Resources 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 $-1.48 Mil mean?
Strategic Resources (SCCFF) has a Accumulated Depreciation of $-1.48 Mil as of Mar. 2023. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Strategic Resources and its competitors.
Is Strategic Resources' Accumulated Depreciation too high?
Strategic Resources' current Accumulated Depreciation is $-1.48 Mil. Overall, Strategic Resources has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Strategic Resources' Accumulated Depreciation compare to competitors?
Strategic Resources' Accumulated Depreciation of $-1.48 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 Strategic Resources and its competitors. Strategic Resources's current Accumulated Depreciation is $-1.48 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Strategic Resources stock overvalued right now?
Strategic Resources (SCCFF) has a current Accumulated Depreciation of $-1.48 Mil. The current Accumulated Depreciation is $-1.48 Mil. Strategic Resources' overall GF Score™ is 35/100. 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 Strategic Resources (SCCFF), the current Accumulated Depreciation is $-1.48 Mil as of Mar. 2023. 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.

Strategic Resources Business Description

Address 1155 Metcalfe Street, Suite 1539, Montreal, QC, CAN, H3B 2V6
Strategic Resources Inc is a mineral exploration and development company engaged in the acquisition, exploration, and development of vanadium, metallic iron, and critical minerals. The company has assets in two mining jurisdictions, including the BlackRock Vanadium-Titanium-Iron Project in Chibougamau, Quebec, where it is developing a mining property and pellet plant in Saguenay, Quebec. The company also holds the Mustavaara vanadium project in Finland. Strategic Resources supplies metallic iron for foundry and steel producers in North America and Europe.
35GF Score

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

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