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
DateValue
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