Northern Shield Resources (TSXV:NRN) Accumulated Depreciation : C$-0.40 Mil (As of Dec. 2023)

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What is Northern Shield Resources Accumulated Depreciation?

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

Northern Shield Resources's quarterly accumulated depreciation increased from Jun. 2023 (C$-0.47 Mil) to Sep. 2023 (C$-0.48 Mil) but then stayed the same from Sep. 2023 (C$-0.48 Mil) to Dec. 2023 (C$-0.40 Mil).

Northern Shield Resources's annual accumulated depreciation declined from Dec. 2021 (C$-0.46 Mil) to Dec. 2022 (C$-0.39 Mil) but then increased from Dec. 2022 (C$-0.39 Mil) to Dec. 2023 (C$-0.40 Mil).

Northern Shield Resources Accumulated Depreciation Historical Data

The historical data trend for Northern Shield 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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Northern Shield Resources Accumulated Depreciation Chart

Northern Shield Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-0.38

-0.43

-0.46

-0.39

-0.40

Northern Shield Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accumulated Depreciation	Get a 7-Day Free Trial															-0.39	-0.47	-0.47	-0.48	-0.40

Northern Shield 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.

Northern Shield Resources Accumulated Depreciation Related Terms

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Northern Shield Resources (TSXV:NRN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Northern Shield Resources Inc (TSXV:NRN) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

NSHRF:USA N9SA:Germany

Address

150 Elgin Street, 10th Floor, Ottawa, ON, CAN, K2P 1L4

Website

http://www.northern-shield.com

Northern Shield Resources Inc is a mineral exploration company engaged in the business of identifying, acquiring, and exploring mineral properties. Its principal projects include Huckleberry property and Idefix property. It also holds an interest in Root and Cellar, Shot Rock, Five Islands properties.

Executives

Russell Montgomery Richards

Director

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