Next Technology Holding (NXTT) Depreciation and Depletion (2021 - 2023)
Next Technology Holding (NXTT) posted quarterly Depreciation and Depletion of $189726.0 for Q2 2023, up 1460.38% year-on-year from $12159.0 in Q2 2022, and up 48.24% on a QoQ basis from $127987.0 in Q1 2023.
Next Technology Holding (NXTT) Depreciation and Depletion (2021 - 2023) Analysis & Trends
Next Technology Holding (NXTT) has reported Depreciation and Depletion for 3 consecutive years, with $189726.0 the latest figure, recorded in Q2 2023.
- Quarterly Depreciation and Depletion rose 1460.38% year-over-year to $189726.0 in Q2 2023, while the trailing twelve-month figure through Jun 2023 was $556021.0 (up 1051.06% YoY) and the FY2022 annual result came in at $263260.0, up 1027.31% from the prior year.
- Depreciation and Depletion advanced to $189726.0 in Q2 2023 per NXTT's latest filing, from $127987.0 in the prior quarter.
- Over the last five years, Depreciation and Depletion for NXTT reached as high as $226619.0 in Q4 2022 and fell as low as $11689.0 in Q3 2022.
- A 3-year average of $86332.3 and a median of $23353.0 in 2021 frame the typical range for Depreciation and Depletion.
- Annual changes were most pronounced in 2022 — Depreciation and Depletion soared 870.41% — and 2023, when it soared 1460.38%.
- Year by year, Depreciation and Depletion stood at $23353.0 in 2021, then surged by 870.41% to $226619.0 in 2022, then declined by 16.28% to $189726.0 in 2023.
- According to Business Quant data, Depreciation and Depletion over the past three periods registered $189726.0, $127987.0, and $226619.0 for Q2 2023, Q1 2023, and Q4 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | - |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | - |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | - |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | - |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 155.00 Mn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | - |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 27.00 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | - |
| 10 | Next Technology Holding | 21,080.94 | -159.70 Mn | 353,827.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 189,726.00 |
| Jun 30, 2023 | 189,726.00 |
| Mar 31, 2023 | 127,987.00 |
| Mar 31, 2023 | 127,987.00 |
| Dec 31, 2022 | 226,619.00 |
| Dec 31, 2022 | 226,619.00 |
| Sep 30, 2022 | 11,689.00 |
| Sep 30, 2022 | 11,689.00 |
| Jun 30, 2022 | 12,159.00 |
| Jun 30, 2022 | 12,159.00 |
| Mar 31, 2022 | 12,793.00 |
| Mar 31, 2022 | 12,793.00 |
| Dec 31, 2021 | 23,353.00 |
| Dec 31, 2021 | 23,353.00 |