Lotus Ventures (XCNQ:J) Accumulated Depreciation : C$-3.69 Mil (As of Aug. 2023)

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What is Lotus Ventures Accumulated Depreciation?

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

Lotus Ventures's quarterly accumulated depreciation increased from Feb. 2023 (C$-3.30 Mil) to May. 2023 (C$-3.49 Mil) and increased from May. 2023 (C$-3.49 Mil) to Aug. 2023 (C$-3.69 Mil).

Lotus Ventures's annual accumulated depreciation increased from Aug. 2020 (C$-1.24 Mil) to Aug. 2021 (C$-2.08 Mil) and increased from Aug. 2021 (C$-2.08 Mil) to Aug. 2022 (C$-2.90 Mil).

Lotus Ventures Accumulated Depreciation Historical Data

The historical data trend for Lotus Ventures'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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Lotus Ventures Accumulated Depreciation Chart

Lotus Ventures Annual Data

Trend

Aug13

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Accumulated Depreciation

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-0.03

-0.46

-1.24

-2.08

-2.90

Lotus Ventures Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23
Accumulated Depreciation	Get a 7-Day Free Trial															-2.90	-3.10	-3.30	-3.49	-3.69

Lotus Ventures 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.

Lotus Ventures Accumulated Depreciation Related Terms

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Lotus Ventures (XCNQ:J) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Lotus Ventures Inc (XCNQ:J) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

LV9:Germany

Address

1030 West Georgia Street, Suite 1010, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.lotuscannabis.ca

Lotus Ventures Inc is a licensed cannabis producer that serves customers in Canada. The company created a purpose-built facility with proprietary standard operating procedures to reliably produce rare and high-quality strains of cannabis for consumers looking for a consistent experience.

Executives

Gary Kenneth Mathiesen

Senior Officer