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Citizens Financial Services (CZFS) Depreciation Expense: 2016-2021

Historic Depreciation Expense for Citizens Financial Services (CZFS) over the last 6 years, with Dec 2021 value amounting to $112,000.

  • Citizens Financial Services' Depreciation Expense fell 34.12% to $112,000 in Q4 2021 from the same period last year, while for Dec 2021 it was $519,000, marking a year-over-year decrease of 31.44%. This contributed to the annual value of $1.0 million for FY2024, which is 26.28% up from last year.
  • Per Citizens Financial Services' latest filing, its Depreciation Expense stood at $112,000 for Q4 2021, which was down 8.94% from $123,000 recorded in Q3 2021.
  • In the past 5 years, Citizens Financial Services' Depreciation Expense ranged from a high of $267,000 in Q3 2020 and a low of $112,000 during Q4 2021.
  • For the 3-year period, Citizens Financial Services' Depreciation Expense averaged around $162,500, with its median value being $160,000 (2019).
  • Per our database at Business Quant, Citizens Financial Services' Depreciation Expense soared by 61.82% in 2020 and then tumbled by 53.93% in 2021.
  • Quarterly analysis of 5 years shows Citizens Financial Services' Depreciation Expense stood at $159,000 in 2017, then declined by 10.69% to $142,000 in 2018, then increased by 21.83% to $173,000 in 2019, then decreased by 1.73% to $170,000 in 2020, then slumped by 34.12% to $112,000 in 2021.
  • Its Depreciation Expense stands at $112,000 for Q4 2021, versus $123,000 for Q3 2021 and $141,000 for Q2 2021.