Algorhythm Holdings (RIME) Depreciation Expense (2012 - 2023)
Algorhythm Holdings' (RIME) quarterly Depreciation Expense came in at $183454.0 in Q2 2023, up 215.94% year-on-year from $58067.0 in Q2 2022, and up 234.78% quarter-over-quarter from $54798.0 in Q1 2023.
Algorhythm Holdings (RIME) Depreciation Expense (2012 - 2023) Analysis & Trends
Algorhythm Holdings has disclosed Depreciation Expense across 12 years of filings, most recently posting $183454.0 for Q2 2023.
- Depreciation Expense for Q2 2023 came in at $183454.0, up 215.94% year-over-year; the trailing twelve-month figure through Jun 2023 was $353391.0 (up 49.94% YoY), and the FY2023 annual result was $228004.0, down 7.27% from the prior year.
- Depreciation Expense came in at $183454.0 for Q2 2023 at Algorhythm Holdings, up from $54798.0 in the prior quarter.
- In the past five years, Depreciation Expense ranged from a high of $183454.0 in Q2 2023 to a low of $52816.0 in Q4 2022.
- The 5-year median for Depreciation Expense is $63894.0 (2020), against an average of $71352.0.
- Across the five-year window, Depreciation Expense plunged 40.64% in 2022 and surged 215.94% in 2023, its largest moves.
- Algorhythm Holdings' Depreciation Expense stood at $77161.0 in 2019, then dropped by 15.16% to $65465.0 in 2020, then slipped by 15.97% to $55007.0 in 2021, then dropped by 3.98% to $52816.0 in 2022, then soared by 247.35% to $183454.0 in 2023.
- The last three Depreciation Expense figures came in at $183454.0 (Q2 2023), $54798.0 (Q1 2023), and $52816.0 (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,271.83 Bn | 4,203.32 Bn | 54.78 Bn | - |
| 2 | Sonos | 1.84 Bn | 1.59 Bn | 124.65 Mn | - |
| 3 | Zepp Health | 1.18 Bn | 1.07 Bn | 34.42 Mn | - |
| 4 | Turtle Beach | 259.52 Mn | 247.20 Mn | 11.29 Mn | - |
| 5 | Vuzix | 240.55 Mn | 219.40 Mn | 375,000.00 | 823,305.00 |
| 6 | Sony | 115.32 Mn | -18.94 Bn | 5.96 Bn | - |
| 7 | UTime | 81.93 Mn | 81.20 Mn | - | - |
| 8 | Axil Brands | 43.72 Mn | 38.20 Mn | 5.04 Mn | - |
| 9 | Koss | 37.49 Mn | 18.63 Mn | 1.00 Mn | - |
| 10 | Algorhythm Holdings | 1.65 Mn | -1.73 Mn | -617,000.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 183,454.00 |
| Mar 31, 2023 | 54,798.00 |
| Dec 31, 2022 | 52,816.00 |
| Sep 30, 2022 | 62,323.00 |
| Jun 30, 2022 | 58,067.00 |
| Mar 31, 2022 | 55,803.00 |
| Dec 31, 2021 | 55,007.00 |
| Sep 30, 2021 | 66,809.00 |
| Jun 30, 2021 | 68,271.00 |
| Mar 31, 2021 | 94,004.00 |
| Dec 31, 2020 | 65,465.00 |
| Sep 30, 2020 | 67,781.00 |
| Jun 30, 2020 | 71,107.00 |
| Mar 31, 2020 | 72,897.00 |
| Dec 31, 2019 | 77,161.00 |
| Sep 30, 2019 | 59,588.00 |
| Jun 30, 2019 | 59,461.00 |
| Mar 31, 2019 | 59,524.00 |
| Dec 31, 2018 | 64,357.00 |
| Sep 30, 2018 | 68,210.00 |