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-over-year from $12159.0 in Q2 2022, and up 48.24% quarter-over-quarter 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.
- In Q2 2023, Depreciation and Depletion rose 1460.38% year-over-year to $189726.0; the TTM figure through Jun 2023 stood at $556021.0 (up 1051.06% YoY), while the FY2022 annual figure was $263260.0, up 1027.31% from the prior year.
- Depreciation and Depletion improved to $189726.0 in Q2 2023 per NXTT's latest filing, from $127987.0 in the prior quarter.
- Across five years, Depreciation and Depletion topped out at $226619.0 in Q4 2022 and bottomed at $11689.0 in Q3 2022.
- Historically, Depreciation and Depletion has averaged $86332.3 across 3 years, with a median of $23353.0 in 2021.
- Annual changes were most pronounced in 2022 — Depreciation and Depletion jumped 870.41% — and 2023, when it jumped 1460.38%.
- Next Technology Holding's Depreciation and Depletion stood at $23353.0 in 2021, then surged by 870.41% to $226619.0 in 2022, then decreased by 16.28% to $189726.0 in 2023.
- Business Quant data shows NXTT's Depreciation and Depletion at $189726.0 in Q2 2023, $127987.0 in Q1 2023, and $226619.0 in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | - |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | - |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | - |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | - |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 155.00 Mn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 27.00 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | - |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | - |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 45.00 Mn |
| 10 | Next Technology Holding | 9.62 Mn | -149.42 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 |