Next Technology Holding (NXTT) Operating Leases (2020 - 2022)

Next Technology Holding (NXTT) has reported Operating Leases for 3 consecutive years, with $2.1 million the latest figure, recorded in Q2 2022.

• Quarterly Operating Leases fell 24.79% year-over-year to $2.1 million in Q2 2022, while the trailing twelve-month figure through Jun 2022 was $2.1 million (down 24.79% YoY) and the FY2021 annual result came in at $1.9 million, down 21.42% from the prior year.
• Operating Leases declined to $2.1 million in Q2 2022 per NXTT's latest filing, from $2.4 million in the prior quarter.
• Over the last five years, Operating Leases for NXTT reached as high as $2.9 million in Q1 2021 and fell as low as $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.
• Annual changes were most pronounced in 2021 — Operating Leases fell 7.98% — and 2022, when it dropped 24.79%.
• Year by year, Operating Leases stood at $2.5 million in 2020, then fell by 21.42% to $1.9 million in 2021, then climbed by 8.42% to $2.1 million in 2022.
• According to Business Quant data, Operating Leases over the past three periods registered $2.1 million, $2.4 million, and $1.9 million for Q2 2022, Q1 2022, and Q4 2021 respectively.