Mkango Resources (TSXV:MKA) Accumulated Depreciation : C$-0.54 Mil (As of Sep. 2024)

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What is Mkango Resources Accumulated Depreciation?

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

Mkango Resources's quarterly accumulated depreciation increased from Mar. 2024 (C$-0.32 Mil) to Jun. 2024 (C$-0.41 Mil) and increased from Jun. 2024 (C$-0.41 Mil) to Sep. 2024 (C$-0.54 Mil).

Mkango Resources's annual accumulated depreciation increased from Dec. 2021 (C$-0.19 Mil) to Dec. 2022 (C$-0.22 Mil) and increased from Dec. 2022 (C$-0.22 Mil) to Dec. 2023 (C$-0.27 Mil).

Mkango Resources Accumulated Depreciation Historical Data

The historical data trend for Mkango 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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Mkango Resources Accumulated Depreciation Chart

Mkango Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-0.11

-0.15

-0.19

-0.22

-0.27

Mkango Resources Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accumulated Depreciation	Get a 7-Day Free Trial															-0.25	-0.27	-0.32	-0.41	-0.54

Mkango 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.

Mkango Resources Accumulated Depreciation Related Terms

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Mkango Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mkango Resources Ltd (TSXV:MKA) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

MKNGF:USA MKA:UK ZMK:Germany

Address

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

Website

https://www.mkango.ca

Mkango Resources Ltd is engaged in the exploration and development of rare earth elements and associated minerals in the Republic of Malawi. The Company holds interests in exclusive prospecting licenses in Malawi namely the Phalombe license, the Thambani license, the Chimimbe license, and the Mchinji license. Mkango also has an exploration portfolio in Malawi, including the Mchinji rutile discovery, in addition to the Thambani uranium-tantalum-niobium-zircon project and Chimimbe nickel-cobalt project.

Executives

William Drummond Dawes	10% Security Holder, Director, Director or Senior Officer of 10% Security Holder, Senior Officer
Resource Early Stage Opportunity Company	10% Security Holder

Mkango Resources Headlines

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