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
DateValue
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