MAKOF (Mako Mining) Accumulated Depreciation : $-50.13 Mil (As of Jun. 2024)

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What is Mako Mining Accumulated Depreciation?

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

Mako Mining's quarterly accumulated depreciation increased from Dec. 2023 ($-47.98 Mil) to Mar. 2024 ($-49.03 Mil) and increased from Mar. 2024 ($-49.03 Mil) to Jun. 2024 ($-50.13 Mil).

Mako Mining's annual accumulated depreciation increased from Dec. 2021 ($-9.50 Mil) to Dec. 2022 ($-31.37 Mil) and increased from Dec. 2022 ($-31.37 Mil) to Dec. 2023 ($-47.98 Mil).

Mako Mining Accumulated Depreciation Historical Data

The historical data trend for Mako Mining'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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Mako Mining Accumulated Depreciation Chart

Mako Mining Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-0.62

-0.90

-9.50

-31.37

-47.98

Mako Mining Quarterly Data
	Jul19	Oct19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Accumulated Depreciation	Get a 7-Day Free Trial															-42.72	-46.33	-47.98	-49.03	-50.13

Mako Mining 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.

Mako Mining Accumulated Depreciation Related Terms

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Mako Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mako Mining Corp (OTCPK:MAKOF) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

GQR0:Germany MKO:Canada

Address

838 West Hastings Street, Suite 700, Vancouver, BC, CAN, V6C 0A6

Website

https://www.makominingcorp.com

Mako Mining Corp is a gold mining, development, and exploration firm. The Company's primary asset is the San Albino mine, an open-pit mine located in Nicaragua. In addition to its mining operation, the company continues to explore its other concessions in Nicaragua.