Golconda Gold (TSXV:GG) Accumulated Depreciation : C$-5.05 Mil (As of Dec. 2023)

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What is Golconda Gold Accumulated Depreciation?

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

Golconda Gold's quarterly accumulated depreciation increased from Jun. 2023 (C$-4.44 Mil) to Sep. 2023 (C$-4.76 Mil) and increased from Sep. 2023 (C$-4.76 Mil) to Dec. 2023 (C$-5.05 Mil).

Golconda Gold's annual accumulated depreciation declined from Dec. 2021 (C$-96.49 Mil) to Dec. 2022 (C$-4.04 Mil) but then increased from Dec. 2022 (C$-4.04 Mil) to Dec. 2023 (C$-5.05 Mil).

Golconda Gold Accumulated Depreciation Historical Data

The historical data trend for Golconda Gold'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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Golconda Gold Accumulated Depreciation Chart

Golconda Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-87.35

-92.03

-96.49

-4.04

-5.05

Golconda Gold 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															-4.04	-4.32	-4.44	-4.76	-5.05

Golconda Gold 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.

Golconda Gold Accumulated Depreciation Related Terms

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Golconda Gold (TSXV:GG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Golconda Gold Ltd (TSXV:GG) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

GGGOF:USA Y87:Germany

Address

181 Bay Street, Suite 1800, Toronto, ON, CAN, M5J 2T9

Website

https://www.galanegold.com

Golconda Gold Ltd is an un-hedged gold producer and explorer with mining operations and exploration tenements in Botswana, South Africa and New Mexico. The company's projects include Mupane in Botswana; Galaxy in South Africa; and Summit and Banner Mill in the United States of America. It has one reportable segment, being the exploration, development and operation of gold mining properties.

Executives

Ravi Sood

Director