RideNow (RDNW) Depreciation and Depletion (2019 - 2021)
RideNow (RDNW) recorded quarterly Depreciation and Depletion of $4.2 million in Q4 2021, up 507.11% quarter-over-quarter from $689000.0 in Q3 2021, and up 627.48% on a YoY basis from $575000.0 in Q4 2020.
RideNow (RDNW) Depreciation and Depletion (2019 - 2021) Analysis & Trends
RideNow's Depreciation and Depletion history runs 3 years deep, the most recent figure standing at $4.2 million for Q4 2021.
- In Q4 2021, Depreciation and Depletion rose 627.48% year-over-year to $4.2 million; the TTM figure through Dec 2021 stood at $6.0 million (up 182.23% YoY), while the FY2021 annual figure was $6.1 million, up 184.79% from the prior year.
- Depreciation and Depletion was $4.2 million for Q4 2021 at RideNow, up from $689000.0 in the prior quarter.
- In the past five years, Depreciation and Depletion ranged from a high of $4.2 million in Q4 2021 to a low of $427438.0 in Q2 2019.
- Historically, Depreciation and Depletion has averaged $901775.8 across 3 years, with a median of $529497.5 in 2020.
- The sharpest annual moves came in 2020 and 2021: Depreciation and Depletion rose 13.16% in 2020, then surged 627.48% in 2021.
- A 3-year view of Depreciation and Depletion shows it stood at $503092.0 in 2019, then increased by 14.29% to $575000.0 in 2020, then soared by 627.48% to $4.2 million in 2021.
- The last three Depreciation and Depletion figures came in at $4.2 million (Q4 2021), $689000.0 (Q3 2021), and $599240.0 (Q1 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 18.05 Bn | 18.09 Bn | 11.57 Mn | - |
| 2 | Carvana | 9.49 Bn | 7.89 Bn | 1.27 Bn | - |
| 3 | Carmax | 6.94 Bn | 6.35 Bn | 605.26 Mn | - |
| 4 | Lithia Motors | 6.76 Bn | 6.78 Bn | 1.42 Bn | - |
| 5 | Autonation | 6.51 Bn | 6.45 Bn | 1.21 Bn | - |
| 6 | Rush Enterprises Inc \Tx\ | 5.19 Bn | 4.97 Bn | 343.80 Mn | - |
| 7 | Valvoline | 4.57 Bn | 4.48 Bn | 187.00 Mn | - |
| 8 | Openlane | 3.88 Bn | 3.84 Bn | 256.20 Mn | - |
| 9 | Group 1 Automotive | 3.69 Bn | 3.65 Bn | 877.90 Mn | - |
| 10 | RideNow | 277.10 Mn | 247.60 Mn | 70.90 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | 4.18 Mn |
| Dec 31, 2021 | 4.18 Mn |
| Sep 30, 2021 | 689,000.00 |
| Sep 30, 2021 | 689,000.00 |
| Mar 31, 2021 | 599,240.00 |
| Mar 31, 2021 | 599,240.00 |
| Dec 31, 2020 | 575,000.00 |
| Dec 31, 2020 | 575,000.00 |
| Sep 30, 2020 | 536,000.00 |
| Sep 30, 2020 | 536,000.00 |
| Jun 30, 2020 | 508,322.00 |
| Jun 30, 2020 | 508,322.00 |
| Mar 31, 2020 | 522,995.00 |
| Mar 31, 2020 | 522,995.00 |
| Dec 31, 2019 | 503,092.00 |
| Dec 31, 2019 | 503,092.00 |
| Sep 30, 2019 | 473,671.00 |
| Sep 30, 2019 | 473,671.00 |
| Jun 30, 2019 | 427,438.00 |
| Jun 30, 2019 | 427,438.00 |