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Novo Resources (STU:1NO) Accumulated Depreciation : €-1.04 Mil (As of Sep. 2024)


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What is Novo Resources Accumulated Depreciation?

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

Novo Resources's quarterly accumulated depreciation declined from Mar. 2024 (€-7.84 Mil) to Jun. 2024 (€-0.99 Mil) but then increased from Jun. 2024 (€-0.99 Mil) to Sep. 2024 (€-1.04 Mil).

Novo Resources's annual accumulated depreciation increased from Dec. 2021 (€-40.00 Mil) to Dec. 2022 (€-87.92 Mil) but then stayed the same from Dec. 2022 (€-87.92 Mil) to Dec. 2023 (€-7.70 Mil).

Novo Resources Accumulated Depreciation Historical Data

The historical data trend for Novo 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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Novo Resources Accumulated Depreciation Chart

Novo Resources Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Dec21 Dec22 Dec23
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.15 - -40.00 -87.92 -7.70

Novo Resources Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -85.43 -7.70 -7.84 -0.99 -1.04

Novo 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.

Novo Resources Accumulated Depreciation Related Terms

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Novo Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Novo Resources Corp (STU:1NO) » Definitions » Accumulated Depreciation
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Traded in Other Exchanges
NSRPF:USA 1NO:Germany NVO:Canada NVO:Australia
Address
1199 West Hastings Street, Vancouver, BC, CAN, V6E 3T5
Website
https://www.novoresources.com
Novo Resources Corp is a company engaged in the business of evaluating, acquiring, and exploring natural resource properties with a focus on gold. The organization has business interests in properties located in Australia, Canada, and the USA. Its projects include Beatons Creek Property, Millennium Property, Blue Spec; Paleo-Placer; Comet Well, and others. It has two segments Mining operations and exploration operations.

Novo Resources Headlines

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