Netsol Technologies (NTWK) Depreciation Expense (2011 - 2023)
Netsol Technologies' quarterly Depreciation Expense came in at $507314.0 in Q1 2023, down 6.2% year-on-year from $540822.0 in Q1 2022, and up 36.89% quarter-over-quarter from $370606.0 in Q4 2022.
Netsol Technologies has reported Depreciation Expense for 13 years, with the latest figure at $507314.0 in Q1 2023.
- For the quarter ending Q1 2023, Depreciation Expense fell 6.2% year-over-year to $507314.0; the trailing twelve-month figure through Mar 2023 stood at $2.0 million (down 20.73% YoY), and the FY2022 full-year result was $2.2 million, up 1.44% from the prior year.
- Depreciation Expense for Q1 2023 stood at $507314.0, up from $370606.0 in the prior quarter.
- The five-year high for Depreciation Expense was $1.3 million in Q2 2021, with the low at $263064.0 in Q3 2019.
- Average Depreciation Expense over 5 years is $476835.4, with a median of $354199.0 recorded in 2019.
- Year-over-year, Depreciation Expense slumped 56.57% in 2019 and jumped 221.76% in 2020.
- Tracing NTWK's Depreciation Expense over 5 years: stood at $269183.0 in 2019, then slipped by 1.97% to $263884.0 in 2020, then rose by 19.22% to $314599.0 in 2021, then rose by 17.8% to $370606.0 in 2022, then surged by 36.89% to $507314.0 in 2023.
- The last three Depreciation Expense figures came in at $507314.0 (Q1 2023), $370606.0 (Q4 2022), and $522183.0 (Q3 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | - |
| 3 | Uber Technologies | 147.39 Bn | 146.35 Bn | 11.88 Bn | - |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | - |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | - |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | - |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | - |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | - |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | - |
| 10 | Netsol Technologies | 49.84 Mn | 55.07 Mn | 9.03 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 507,314.00 |
| Dec 31, 2022 | 370,606.00 |
| Sep 30, 2022 | 522,183.00 |
| Jun 30, 2022 | 571,502.00 |
| Mar 31, 2022 | 540,822.00 |
| Dec 31, 2021 | 314,599.00 |
| Sep 30, 2021 | 325,451.00 |
| Jun 30, 2021 | 1.31 Mn |
| Mar 31, 2021 | 303,780.00 |
| Dec 31, 2020 | 263,884.00 |
| Sep 30, 2020 | 274,477.00 |
| Jun 30, 2020 | 1.10 Mn |
| Mar 31, 2020 | 479,350.00 |
| Dec 31, 2019 | 269,183.00 |
| Sep 30, 2019 | 263,064.00 |
| Jun 30, 2019 | 341,272.00 |
| Mar 31, 2019 | 354,199.00 |
| Dec 31, 2018 | 533,837.00 |
| Sep 30, 2018 | 351,896.00 |
| Jun 30, 2018 | 785,817.00 |
| Mar 31, 2018 | 705,429.00 |
| Dec 31, 2017 | 707,668.00 |
| Sep 30, 2017 | 482,786.00 |
| Jun 30, 2017 | 1.05 Mn |
| Mar 31, 2017 | 930,712.00 |
| Dec 31, 2016 | 902,678.00 |
| Sep 30, 2016 | 899,303.00 |
| Jun 30, 2016 | 1.15 Mn |
| Mar 31, 2016 | 796,722.00 |
| Dec 31, 2015 | 1.06 Mn |
| Sep 30, 2015 | 1.06 Mn |
| Jun 30, 2015 | 998,350.00 |
| Mar 31, 2015 | 1.04 Mn |
| Dec 31, 2014 | 1.36 Mn |
| Sep 30, 2014 | 918,892.00 |
| Jun 30, 2014 | 1.09 Mn |
| Mar 31, 2014 | 1.33 Mn |
| Dec 31, 2013 | 1.12 Mn |
| Sep 30, 2013 | 613,110.00 |
| Jun 30, 2013 | 1.08 Mn |
| Mar 31, 2013 | 1.02 Mn |
| Dec 31, 2012 | 485,167.00 |
| Sep 30, 2012 | 754,108.00 |
| Jun 30, 2012 | 685,609.00 |
| Mar 31, 2012 | 816,158.00 |
| Dec 31, 2011 | 737,548.00 |
| Sep 30, 2011 | 636,568.00 |