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Netsol Technologies (NTWK) Depreciation Expense (2016 - 2023)

Historic Depreciation Expense for Netsol Technologies (NTWK) over the last 13 years, with Q1 2023 value amounting to $507314.0.

  • Netsol Technologies' Depreciation Expense fell 619.58% to $507314.0 in Q1 2023 from the same period last year, while for Mar 2023 it was $2.2 million, marking a year-over-year decrease of 132.7%. This contributed to the annual value of $2.2 million for FY2022, which is 143.96% up from last year.
  • As of Q1 2023, Netsol Technologies' Depreciation Expense stood at $507314.0, which was down 619.58% from $568828.0 recorded in Q4 2022.
  • In the past 5 years, Netsol Technologies' Depreciation Expense registered a high of $606641.0 during Q1 2019, and its lowest value of $465451.0 during Q3 2019.
  • In the last 5 years, Netsol Technologies' Depreciation Expense had a median value of $527463.0 in 2021 and averaged $530430.1.
  • As far as peak fluctuations go, Netsol Technologies' Depreciation Expense plummeted by 2611.27% in 2019, and later soared by 2463.7% in 2021.
  • Quarter analysis of 5 years shows Netsol Technologies' Depreciation Expense stood at $484662.0 in 2019, then rose by 0.16% to $485456.0 in 2020, then grew by 8.65% to $527463.0 in 2021, then increased by 7.84% to $568828.0 in 2022, then fell by 10.81% to $507314.0 in 2023.
  • Its Depreciation Expense stands at $507314.0 for Q1 2023, versus $568828.0 for Q4 2022 and $522183.0 for Q3 2022.