Argo Blockchain (ARBK) Depreciation and Depletion: 2021-2024
Historic Depreciation and Depletion for Argo Blockchain (ARBK) over the last 3 years, with Dec 2024 value amounting to $26.1 million.
- Argo Blockchain's Depreciation and Depletion fell 29.26% to $26.1 million in Q4 2024 from the same period last year, while for Dec 2024 it was $14.2 million, marking a year-over-year increase of 12.10%. This contributed to the annual value of $14.2 million for FY2024, which is 24.04% down from last year.
- Latest data reveals that Argo Blockchain reported Depreciation and Depletion of $26.1 million as of Q4 2024, which was up 1,258.53% from -$2.3 million recorded in Q3 2024.
- In the past 5 years, Argo Blockchain's Depreciation and Depletion ranged from a high of $36.9 million in Q4 2023 and a low of -$12.0 million during Q2 2023.
- Over the past 3 years, Argo Blockchain's median Depreciation and Depletion value was -$4.8 million (recorded in 2024), while the average stood at $4.5 million.
- In the last 5 years, Argo Blockchain's Depreciation and Depletion surged by 105.49% in 2022 and then tumbled by 188.15% in 2023.
- Quarterly analysis of 4 years shows Argo Blockchain's Depreciation and Depletion stood at $3,867 in 2021, then skyrocketed by 105.49% to $13.7 million in 2022, then slumped by 188.15% to $36.9 million in 2023, then fell by 29.26% to $26.1 million in 2024.
- Its Depreciation and Depletion stands at $26.1 million for Q4 2024, versus -$2.3 million for Q3 2024 and -$4.8 million for Q2 2024.