XBOR (Cross Border Resources) Accumulated Depreciation: $-12.44 Mil (As of Mar. 2015)

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What is Cross Border Resources Accumulated Depreciation?

Cross Border Resources XBOR Accumulated Depreciation is $-12.44 Mil as of Mar. 2015.

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

Cross Border Resources's quarterly accumulated depreciation increased from Sep. 2014 ($-11.96 Mil) to Dec. 2014 ($-12.07 Mil) and increased from Dec. 2014 ($-12.07 Mil) to Mar. 2015 ($-12.44 Mil).

Cross Border Resources's annual accumulated depreciation increased from Dec. 2012 ($-16.10 Mil) to Dec. 2013 ($-21.04 Mil) but then stayed the same from Dec. 2013 ($-21.04 Mil) to Dec. 2014 ($-12.07 Mil).

Cross Border Resources Accumulated Depreciation Related Terms

Cross Border Resources Accumulated Depreciation Historical Data

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The historical data trend for Cross Border 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.

Cross Border Resources Accumulated Depreciation Chart

Cross Border Resources Annual Data
Trend Jul06 Jul07 Jul08 Jul09 Jul10 Dec11 Dec12 Dec13 Dec14
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only -0.05 -9.79 -16.10 -21.04 -12.07

Cross Border Resources Quarterly Data
Apr10 Jul10 Oct10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 -22.18 -22.92 -11.96 -12.07 -12.44

Cross Border 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.

What does a Accumulated Depreciation of $-12.44 Mil mean?
Cross Border Resources (XBOR) has a Accumulated Depreciation of $-12.44 Mil as of Mar. 2015. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Cross Border Resources and its competitors.
Is Cross Border Resources' Accumulated Depreciation too high?
Cross Border Resources' current Accumulated Depreciation is $-12.44 Mil.
How does Cross Border Resources' Accumulated Depreciation compare to FPPP and UNGS?
Cross Border Resources' Accumulated Depreciation of $-12.44 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Accumulated Depreciation depends on the Oil & Gas 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 Cross Border Resources and its competitors. Cross Border Resources's current Accumulated Depreciation is $-12.44 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cross Border Resources stock overvalued right now?
Cross Border Resources (XBOR) has a current Accumulated Depreciation of $-12.44 Mil. The current Accumulated Depreciation is $-12.44 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 Cross Border Resources (XBOR), the current Accumulated Depreciation is $-12.44 Mil as of Mar. 2015. 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.

Cross Border Resources Business Description

Industry EnergyOil & Gas
Address 2515 McKinney Avenue, Suite 900, Dallas, TX, USA, 75201
Cross Border Resources Inc is an oil and gas exploration company. The company is engaged in the acquisition, operation, exploration, and development of oil and gas properties and prospects.