Next Technology Holding (NXTT) Operating Leases (2020 - 2022)
Next Technology Holding's (NXTT) quarterly Operating Leases came in at $2.1 million in Q2 2022, down 24.79% year-over-year from $2.8 million in Q2 2021, and down 11.74% quarter-over-quarter from $2.4 million in Q1 2022.
Analysis
Next Technology Holding (NXTT) Operating Leases (2020 - 2022) Analysis & Trends
Next Technology Holding (NXTT) has reported Operating Leases for 3 consecutive years, with $2.1 million the latest figure, recorded in Q2 2022.
- On a quarterly basis, Operating Leases fell 24.79% year-over-year to $2.1 million in Q2 2022; TTM through Jun 2022 was $2.1 million, a 24.79% decrease from a year earlier, with the FY2021 full-year figure at $1.9 million, down 21.42% from the prior year.
- Operating Leases was $2.1 million for Q2 2022 at Next Technology Holding, down from $2.4 million in the prior quarter.
- Over five years, Operating Leases peaked at $2.9 million in Q1 2021 and troughed at $1.9 million in Q4 2021.
- A 3-year average of $2.5 million and a median of $2.6 million in 2020 frame the typical range for Operating Leases.
- Across the five-year window, Operating Leases slipped 7.98% in 2021 and retreated 24.79% in 2022, its largest moves.
- Over 3 years, Operating Leases stood at $2.5 million in 2020, then retreated by 21.42% to $1.9 million in 2021, then grew by 8.42% to $2.1 million in 2022.
- The last three Operating Leases figures came in at $2.1 million (Q2 2022), $2.4 million (Q1 2022), and $1.9 million (Q4 2021), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 47.37 Bn | 47.42 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 28.16 Bn | 27.11 Bn | 1.83 Bn |
| 3 | Cgi | 14.44 Bn | 13.86 Bn | - |
| 4 | EPAM Systems | 6.04 Bn | 5.25 Bn | 429.57 Mn |
| 5 | ExlService Holdings | 5.56 Bn | 5.27 Bn | 225.96 Mn |
| 6 | Science Applications International | 5.32 Bn | 5.20 Bn | 239.00 Mn |
| 7 | Kyndryl Holdings | 2.86 Bn | 850.31 Mn | 776.00 Mn |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn |
| 9 | Innodata | 1.91 Bn | 1.66 Bn | 42.46 Mn |
| 10 | Next Technology Holding | 4.29 Mn | -154.76 Mn | 353,827.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | 2.11 Mn |
| Mar 31, 2022 | 2.39 Mn |
| Dec 31, 2021 | 1.94 Mn |
| Sep 30, 2021 | 2.66 Mn |
| Jun 30, 2021 | 2.80 Mn |
| Mar 31, 2021 | 2.89 Mn |
| Dec 31, 2020 | 2.47 Mn |
| Sep 30, 2020 | 2.89 Mn |