Sarama Resources (Sarama Resources) Accumulated Depreciation : $-0.57 Mil (As of Mar. 2024)

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What is Sarama Resources Accumulated Depreciation?

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

Sarama Resources's quarterly accumulated depreciation declined from Sep. 2023 ($-0.72 Mil) to Dec. 2023 ($-0.57 Mil) but then increased from Dec. 2023 ($-0.57 Mil) to Mar. 2024 ($-0.57 Mil).

Sarama Resources's annual accumulated depreciation increased from Dec. 2021 ($-0.67 Mil) to Dec. 2022 ($-0.70 Mil) but then stayed the same from Dec. 2022 ($-0.70 Mil) to Dec. 2023 ($-0.57 Mil).

Sarama Resources Accumulated Depreciation Historical Data

The historical data trend for Sarama 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.

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Sarama Resources Accumulated Depreciation Chart

Sarama Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-0.63

-0.65

-0.67

-0.70

-0.57

Sarama Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial															-0.70	-0.71	-0.72	-0.57	-0.57

Sarama 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.

Sarama Resources Accumulated Depreciation Related Terms

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Sarama Resources (Sarama Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sarama Resources Ltd (OTCPK:SRMMF) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

SWA:Canada SRR:Australia

Address

245 Churchill Avenue, Suit 8, Subiaco, Perth, WA, AUS, 6008

Website

https://www.saramaresources.com

Sarama Resources Ltd is an exploration and development stage company with gold projects in Burkina Faso, West Africa. The company's key project is the 100%-owned Sanutura Project which hosts a multi-million-ounce mineral resource. It has additional exposure to exploration success through its 100% interest in the nearby Koumandara Project where early-stage exploration has defined several corridors of gold anomalism that extend up to 40km in length. It has one business segment, being the acquisition, exploration and potential development of mineral properties.