WDGRF (Wedgemount Resources) Accumulated Depreciation : $-0.63 Mil (As of Jan. 2025)

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What is Wedgemount Resources Accumulated Depreciation?

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

Wedgemount Resources's quarterly accumulated depreciation increased from Jul. 2024 ($-0.36 Mil) to Oct. 2024 ($-0.51 Mil) and increased from Oct. 2024 ($-0.51 Mil) to Jan. 2025 ($-0.63 Mil).

Wedgemount Resources's annual accumulated depreciation increased from Jul. 2022 ($0.00 Mil) to Jul. 2023 ($-0.10 Mil) and increased from Jul. 2023 ($-0.10 Mil) to Jul. 2024 ($-0.36 Mil).

Wedgemount Resources Accumulated Depreciation Historical Data

The historical data trend for Wedgemount 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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Wedgemount Resources Accumulated Depreciation Chart

Wedgemount Resources Annual Data

Trend

Jul21

Jul22

Jul23

Jul24

Accumulated Depreciation

-0.10

-0.36

Wedgemount Resources Quarterly Data
	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Accumulated Depreciation	Get a 7-Day Free Trial												-0.28	-0.45	-0.36	-0.51	-0.63

Wedgemount 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.

Wedgemount Resources Accumulated Depreciation Related Terms

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Wedgemount Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Wedgemount Resources Corp (OTCPK:WDGRF) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

WDGY:Canada

Address

2303 Lawson Avenue, West Vancouver, Vancouver, BC, CAN, V7V 2E5

Website

https://www.wedgemountresources.com

Wedgemount Resources Corp is a Vancouver based company engaged in the exploration for and the development and operation of petroleum and natural gas in the U.S.A. The company's project includes Willowbend, TCS and Millican Projects. The company is focused on consolidating oil and gas assets through the acquisition, development, and operation of distressed oil properties.