Growth Metrics

Omnitek Engineering (OMTK) Depreciation Expense (2016 - 2022)

Omnitek Engineering (OMTK) has disclosed Depreciation Expense for 9 consecutive years, with $560.0 as the latest value for Q3 2022.

  • For the quarter ending Q3 2022, Depreciation Expense rose 60.46% year-over-year to $560.0, compared with a TTM value of $2413.0 through Sep 2022, up 219.18%, and an annual FY2020 reading of $543.0, down 4.23% over the prior year.
  • Depreciation Expense was $560.0 for Q3 2022 at Omnitek Engineering, down from $752.0 in the prior quarter.
  • Across five years, Depreciation Expense topped out at $752.0 in Q1 2022 and bottomed at $135.0 in Q3 2019.
  • Average Depreciation Expense over 4 years is $281.38, with a median of $136.0 recorded in 2019.
  • The sharpest move saw Depreciation Expense decreased 15.62% in 2020, then surged 457.04% in 2022.
  • Year by year, Depreciation Expense stood at $136.0 in 2019, then changed by 0.0% to $136.0 in 2020, then surged by 156.62% to $349.0 in 2021, then soared by 60.46% to $560.0 in 2022.
  • Business Quant data shows Depreciation Expense for OMTK at $560.0 in Q3 2022, $752.0 in Q2 2022, and $752.0 in Q1 2022.