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
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