Corvex (MOVE) Depreciation and Depletion (2020 - 2024)
Corvex (MOVE) reported Depreciation and Depletion of $52000.0 for Q1 2024, up 36.84% on a YoY basis from $38000.0 in Q2 2023, and up 30.0% quarter-over-quarter from $40000.0 in Q3 2023.
Corvex (MOVE) Depreciation and Depletion (2020 - 2024) Analysis & Trends
Corvex has reported Depreciation and Depletion for 5 years, with the latest figure at $52000.0 in Q1 2024.
- For the quarter ending Q1 2024, Depreciation and Depletion rose 36.84% year-over-year to $52000.0; the trailing twelve-month figure through Mar 2024 stood at $170000.0 (up 13.33% YoY), and the FY2022 full-year result was $147000.0, up 98.65% from the prior year.
- Depreciation and Depletion for Q1 2024 stood at $52000.0, up from $40000.0 in the prior quarter.
- The five-year high for Depreciation and Depletion was $22.0 million in Q3 2021, with the low at -$39.9 million in Q4 2021.
- Historically, Depreciation and Depletion has averaged $587187.5 across 5 years, with a median of $39000.0 in 2022.
- Annual changes were most pronounced in 2021 — Depreciation and Depletion slumped 1430.87% — and 2022, when it soared 3400.0%.
- Corvex's Depreciation and Depletion stood at $3.0 million in 2020, then tumbled by 1430.87% to -$39.9 million in 2021, then jumped by 100.1% to $38000.0 in 2022, then gained by 5.26% to $40000.0 in 2023, then increased by 30.0% to $52000.0 in 2024.
- The last three Depreciation and Depletion figures came in at $52000.0 (Q1 2024), $40000.0 (Q3 2023), and $40000.0 (Q2 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,095.86 Bn | 3,017.59 Bn | 56.06 Bn | 9.00 Bn |
| 2 | Alarum Technologies | 1,030.32 Bn | 1,016.16 Bn | 7.23 Mn | - |
| 3 | Oracle | 614.12 Bn | 575.54 Bn | 15.14 Bn | 2.15 Bn |
| 4 | Palantir Technologies | 324.44 Bn | 316.52 Bn | 1.42 Bn | - |
| 5 | Palo Alto Networks | 189.07 Bn | 184.54 Bn | 1.91 Bn | - |
| 6 | CrowdStrike Holdings | 168.14 Bn | 165.09 Bn | 993.68 Mn | - |
| 7 | Fortinet | 106.89 Bn | 103.59 Bn | 1.49 Bn | 29.50 Mn |
| 8 | Cloudflare | 88.20 Bn | 87.25 Bn | 455.60 Mn | 49.20 Mn |
| 9 | Synopsys | 88.13 Bn | 88.01 Bn | 1.77 Bn | - |
| 10 | Corvex | 6.80 Mn | 3.92 Mn | 206,000.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 52,000.00 |
| Mar 31, 2024 | 52,000.00 |
| Sep 30, 2023 | 40,000.00 |
| Sep 30, 2023 | 40,000.00 |
| Jun 30, 2023 | 40,000.00 |
| Jun 30, 2023 | 40,000.00 |
| Mar 31, 2023 | 38,000.00 |
| Mar 31, 2023 | 38,000.00 |
| Dec 31, 2022 | 38,000.00 |
| Dec 31, 2022 | 38,000.00 |
| Sep 30, 2022 | 36,000.00 |
| Sep 30, 2022 | 36,000.00 |
| Jun 30, 2022 | 38,000.00 |
| Jun 30, 2022 | 38,000.00 |
| Mar 31, 2022 | 35,000.00 |
| Mar 31, 2022 | 35,000.00 |
| Dec 31, 2021 | -39.93 Mn |
| Dec 31, 2021 | -39.93 Mn |
| Sep 30, 2021 | 22.00 Mn |
| Sep 30, 2021 | 22.00 Mn |