SPMEF (South Pacific Metals) Accumulated Depreciation: $-0.06 Mil (As of Mar. 2026)

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SPMEF South Pacific Metals Corp SPMEF
38 GF Score
Price $0.60
! 2 Warning Signs
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What is South Pacific Metals Accumulated Depreciation?

South Pacific Metals SPMEF +1.24% 38 Accumulated Depreciation is $-0.06 Mil as of Mar. 2026. GuruFocus rates SPMEF with a GF Score™ of 38/100. 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.

South Pacific Metals's quarterly accumulated depreciation increased from Sep. 2025 ($0.00 Mil) to Dec. 2025 ($-0.01 Mil) and increased from Dec. 2025 ($-0.01 Mil) to Mar. 2026 ($-0.06 Mil).

South Pacific Metals's annual accumulated depreciation increased from Dec. 2023 ($0.00 Mil) to Dec. 2024 ($-0.18 Mil) but then stayed the same from Dec. 2024 ($-0.18 Mil) to Mar. 2026 ($-0.06 Mil).

South Pacific Metals Accumulated Depreciation Related Terms

South Pacific Metals Accumulated Depreciation Historical Data

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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.

South Pacific Metals Accumulated Depreciation Chart

South Pacific Metals Annual Data
Trend Nov20 Dec22 Dec23 Dec24 Mar26
Accumulated Depreciation
-0.02 -0.12 0.00 -0.18 -0.06

South Pacific Metals Quarterly Data
Nov20 Feb21 Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.18 0.00 0.00 -0.01 -0.06
SPMEF
38GF Score
South Pacific Metals Corp SPMEF
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
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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.

What does a Accumulated Depreciation of $-0.06 Mil mean?
South Pacific Metals (SPMEF) has a Accumulated Depreciation of $-0.06 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 South Pacific Metals and its competitors.
Is South Pacific Metals' Accumulated Depreciation too high?
South Pacific Metals' current Accumulated Depreciation is $-0.06 Mil. Overall, South Pacific Metals has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does South Pacific Metals' Accumulated Depreciation compare to NEM and AU?
South Pacific Metals' Accumulated Depreciation of $-0.06 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 South Pacific Metals and its competitors. South Pacific Metals's current Accumulated Depreciation is $-0.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South Pacific Metals stock overvalued right now?
South Pacific Metals (SPMEF) has a current Accumulated Depreciation of $-0.06 Mil. The current Accumulated Depreciation is $-0.06 Mil. South Pacific Metals' overall GF Score™ is 38/100 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 South Pacific Metals (SPMEF), the current Accumulated Depreciation is $-0.06 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.

South Pacific Metals Business Description

Other Exchanges SPMC:Canada
Address 1030 West Georgia Street, Suite 710, Vancouver, BC, CAN, V6C 0A3
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.
38GF 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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