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

Netsol Technologies has reported Depreciation Expense over the past 13 years, most recently at $507314.0 for Q1 2023.

  • Quarterly results put Depreciation Expense at $507314.0 for Q1 2023, down 6.2% from a year ago — trailing twelve months through Mar 2023 was $2.0 million (down 20.73% YoY), and the annual figure for FY2022 was $2.2 million, up 1.44%.
  • Depreciation Expense for Q1 2023 was $507314.0 at Netsol Technologies, up from $370606.0 in the prior quarter.
  • Over the last five years, Depreciation Expense for NTWK hit a ceiling of $1.3 million in Q2 2021 and a floor of $263064.0 in Q3 2019.
  • Median Depreciation Expense over the past 5 years was $354199.0 (2019), compared with a mean of $476835.4.
  • Biggest five-year swings in Depreciation Expense: crashed 56.57% in 2019 and later skyrocketed 221.76% in 2020.
  • Netsol Technologies' Depreciation Expense stood at $269183.0 in 2019, then fell 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 reported values for Depreciation Expense were $507314.0 (Q1 2023), $370606.0 (Q4 2022), and $522183.0 (Q3 2022) per Business Quant data.