SPMEF (South Pacific Metals) Accumulated Depreciation : $-0.18 Mil (As of Sep. 2024)

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What is South Pacific Metals Accumulated Depreciation?

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

South Pacific Metals's quarterly accumulated depreciation increased from Mar. 2024 ($-0.17 Mil) to Jun. 2024 ($-0.17 Mil) and increased from Jun. 2024 ($-0.17 Mil) to Sep. 2024 ($-0.18 Mil).

South Pacific Metals's annual accumulated depreciation increased from Nov. 2020 ($-0.02 Mil) to Dec. 2022 ($-0.12 Mil) and increased from Dec. 2022 ($-0.12 Mil) to Dec. 2023 ($-0.17 Mil).

South Pacific Metals Accumulated Depreciation Historical Data

The historical data trend for South Pacific 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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South Pacific Metals Accumulated Depreciation Chart

South Pacific Metals Annual Data

Trend

Nov20

Dec22

Dec23

Accumulated Depreciation

-0.02

-0.12

-0.17

South Pacific Metals Quarterly Data
	Feb20	Jun20	Nov20	Feb21	Jun21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accumulated Depreciation	Get a 7-Day Free Trial												-0.16	-0.17	-0.17	-0.17	-0.18

South Pacific 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.

South Pacific Metals Accumulated Depreciation Related Terms

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South Pacific Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » South Pacific Metals Corp (OTCPK:SPMEF) » Definitions » Accumulated Depreciation

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Traded in Other Exchanges

SPMC:Canada

Address

550 Burrard Street, Suite 2900, Vancouver, BC, CAN, V6C 0A3

Website

https://www.southpacificmetals.ca

South Pacific Metals Corp is an emerging gold-copper exploration company operating in the heart of Papua New Guinea's gold and copper production corridors. With an expansive 3,000 sqkm land package and four transformative gold-copper projects contiguous with producers K92 Mining, PanAust and neighbouring Barrick Gold, new leadership and experienced in-country teams are prioritizing thoughtful and rigorous technical programs focused on boots-on-the-ground exploration to prioritize discovery across its portfolio projects: Anga, Osena, Kili Teke and May River.