Growth Metrics

Algorhythm Holdings (RIME) Depreciation Expense (2016 - 2023)

Algorhythm Holdings (RIME) has disclosed Depreciation Expense for 12 consecutive years, with $183454.0 as the latest value for Q2 2023.

  • Quarterly Depreciation Expense rose 215.94% to $183454.0 in Q2 2023 from the year-ago period, while the trailing twelve-month figure was $353391.0 through Jun 2023, up 49.94% year-over-year, with the annual reading at $228004.0 for FY2023, 7.27% down from the prior year.
  • Depreciation Expense hit $183454.0 in Q2 2023 for 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.
  • Historically, Depreciation Expense has averaged $71352.0 across 5 years, with a median of $63894.0 in 2020.
  • Biggest five-year swings in Depreciation Expense: tumbled 40.64% in 2022 and later skyrocketed 215.94% in 2023.
  • Year by year, Depreciation Expense stood at $77161.0 in 2019, then fell by 15.16% to $65465.0 in 2020, then decreased by 15.97% to $55007.0 in 2021, then fell by 3.98% to $52816.0 in 2022, then surged by 247.35% to $183454.0 in 2023.
  • Business Quant data shows Depreciation Expense for RIME at $183454.0 in Q2 2023, $54798.0 in Q1 2023, and $52816.0 in Q4 2022.