Tectonic Metals (TSXV:TECT) Accumulated Depreciation: C$-0.32 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSXV:TECT Tectonic Metals Inc TSXV:TECT
29 GF Score
Price C$2.37
! 1 Warning Sign
View Full Analysis

What is Tectonic Metals Accumulated Depreciation?

Tectonic Metals TSXV:TECT -1.67% 29 Accumulated Depreciation is C$-0.32 Mil as of Mar. 2026. GuruFocus rates TSXV:TECT with a GF Score™ of 29/100. The stock has 1 warning sign investors should review.

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

Tectonic Metals's quarterly accumulated depreciation increased from Sep. 2025 (C$-0.06 Mil) to Dec. 2025 (C$-0.10 Mil) and increased from Dec. 2025 (C$-0.10 Mil) to Mar. 2026 (C$-0.32 Mil).

Tectonic Metals's annual accumulated depreciation increased from Dec. 2023 (C$-0.04 Mil) to Dec. 2024 (C$-0.05 Mil) and increased from Dec. 2024 (C$-0.05 Mil) to Dec. 2025 (C$-0.10 Mil).

Tectonic Metals Accumulated Depreciation Related Terms

Tectonic Metals Accumulated Depreciation Historical Data

* Premium members only.

The historical data trend for Tectonic Metals'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.

Tectonic Metals Accumulated Depreciation Chart

Tectonic Metals Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accumulated Depreciation
Get a 7-Day Free Trial -0.10 -0.14 -0.04 -0.05 -0.10

Tectonic Metals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -0.05 -0.05 -0.06 -0.10 -0.32
TSXV:TECT
29GF Score
Tectonic Metals Inc TSXV:TECT
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tectonic Metals 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 C$-0.32 Mil mean?
Tectonic Metals (TSXV:TECT) has a Accumulated Depreciation of C$-0.32 Mil as of Mar. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Tectonic Metals and its competitors.
Is Tectonic Metals' Accumulated Depreciation too high?
Tectonic Metals' current Accumulated Depreciation is C$-0.32 Mil. Overall, Tectonic Metals has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Tectonic Metals' Accumulated Depreciation compare to NEM and AU?
Tectonic Metals' Accumulated Depreciation of C$-0.32 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 Tectonic Metals and its competitors. Tectonic Metals's current Accumulated Depreciation is C$-0.32 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tectonic Metals stock overvalued right now?
Tectonic Metals (TSXV:TECT) has a current Accumulated Depreciation of C$-0.32 Mil. The current Accumulated Depreciation is C$-0.32 Mil. Tectonic Metals' overall GF Score™ is 29/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For Tectonic Metals (TSXV:TECT), the current Accumulated Depreciation is C$-0.32 Mil as of Mar. 2026. 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.

Tectonic Metals Business Description

Other Exchanges TETOF:USAT152:Germany
Address 1199 West Hastings Street, Suite 1400, Vancouver, BC, CAN, V6E 3T5
Tectonic Metals Inc is a mineral exploration company engaged in the identification, acquisition, and exploration of mineral properties in the United States. The company's exploration is focused on discovering and delineating gold resources. Its property portfolio includes the Tibbs Property, Flats Property, and others.
29GF Score

Get the complete analysis for TSXV:TECT

Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$2.37
Price