SWYDF (Stornoway Diamond) Accumulated Depreciation: $-739.9 Mil (As of Jun. 2019)

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Director of Data and Quant Analytics at GuruFocus
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What is Stornoway Diamond Accumulated Depreciation?

Stornoway Diamond SWYDF Accumulated Depreciation is $-739.9 Mil as of Jun. 2019.

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

Stornoway Diamond's quarterly accumulated depreciation increased from Dec. 2018 ($-344.8 Mil) to Mar. 2019 ($-363.5 Mil) and increased from Mar. 2019 ($-363.5 Mil) to Jun. 2019 ($-739.9 Mil).

Stornoway Diamond's annual accumulated depreciation increased from Dec. 2016 ($-33.1 Mil) to Dec. 2017 ($-245.7 Mil) and increased from Dec. 2017 ($-245.7 Mil) to Dec. 2018 ($-344.8 Mil).

Stornoway Diamond Accumulated Depreciation Related Terms

Stornoway Diamond Accumulated Depreciation Historical Data

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The historical data trend for Stornoway Diamond'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.

Stornoway Diamond Accumulated Depreciation Chart

Stornoway Diamond Annual Data
Trend Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Dec16 Dec17 Dec18
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.86 -5.93 -33.10 -245.70 -344.78

Stornoway Diamond Quarterly Data
Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 -244.77 -271.39 -344.78 -363.50 -739.90

Stornoway Diamond 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 $-739.9 Mil mean?
Stornoway Diamond (SWYDF) has a Accumulated Depreciation of $-739.9 Mil as of Jun. 2019. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Stornoway Diamond and its competitors.
Is Stornoway Diamond's Accumulated Depreciation too high?
Stornoway Diamond's current Accumulated Depreciation is $-739.9 Mil.
How does Stornoway Diamond's Accumulated Depreciation compare to DYNR and CTDT?
Stornoway Diamond's Accumulated Depreciation of $-739.9 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 Stornoway Diamond and its competitors. Stornoway Diamond's current Accumulated Depreciation is $-739.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stornoway Diamond stock overvalued right now?
Stornoway Diamond (SWYDF) has a current Accumulated Depreciation of $-739.9 Mil. The current Accumulated Depreciation is $-739.9 Mil. 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 Stornoway Diamond (SWYDF), the current Accumulated Depreciation is $-739.9 Mil as of Jun. 2019. 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.

Stornoway Diamond Business Description

Address 1111 St. Charles Street West, Tour Ouest, Suite 400, Longueuil, QC, CAN, J4K 5G4
Stornoway Diamond Corp is a leading Canadian diamond exploration and producing company. Its principal business is the development of its flagship asset, the fully-owned Renard Mine, located in Quebec, Canada. The company intends to grow its business through the exploration and development of its mines. Stornoway also holds interests in a portfolio of exploration assets across Canada through owned properties and joint ventures. These properties and joint ventures include projects such as Adamantin, Qilalugaq and Pikoo.