Stablecoin Development (SDEV) Depreciation and Depletion (2015 - 2025)
Stablecoin Development's Depreciation and Depletion was $1,000 in Q3 2025, unchanged from $1,000 a year earlier and unchanged from the prior quarter.
Stablecoin Development (SDEV) Depreciation and Depletion (2015 - 2025) Analysis & Trends
On a trailing twelve-month basis, Stablecoin Development's Depreciation and Depletion was $20,000 through Sep 30, 2025, down 39.4% year-over-year; for FY2024, it came in at $40,000, down 21.6% from FY2023.
- Depreciation and Depletion shows a three-year compound annual growth rate of -12.2% (FY2021 to FY2024).
- In earlier years, Depreciation and Depletion was $51,000 in FY2023 (-57.5%), $120,000 in FY2022 (+103.4%) and $59,000 in FY2021.
- Quarterly Depreciation and Depletion has moved between $1,000 (Q3 2024) and $30,000 (Q1 2022) over five years.
- Compared with a year earlier, Depreciation and Depletion was higher in 1 of the last seven quarters, with an average decline of 39.4%.
- The best year-over-year quarter for Depreciation and Depletion over five years was Q4 2024 (growth of 33.3%); the worst was Q3 2024 (a decline of 92.3%).
- Per Business Quant data, SDEV's Depreciation and Depletion in the three quarters before Q3 2025 was $1,000 (Q2 2025), $2,000 (Q1 2025) and $16,000 (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 174.75 Bn | 120.88 Bn | - | - |
| 2 | Spdr Gold Trust | 137.39 Bn | -420.61 Bn | - | - |
| 3 | Blackstone | 85.63 Bn | 75.61 Bn | - | - |
| 4 | Brookfield | 81.94 Bn | -101.37 Bn | - | - |
| 5 | Kkr | 77.88 Bn | -1.97 Bn | - | - |
| 6 | Brookfield Asset Management | 72.12 Bn | 66.93 Bn | - | - |
| 7 | Apollo Global Management | 65.73 Bn | -17.07 Bn | 10.56 Bn | - |
| 8 | Wheaton Precious Metals | 59.93 Bn | 55.35 Bn | 687.86 Mn | 122.81 Mn |
| 9 | Franco Nevada | 46.57 Bn | 43.94 Bn | 451.00 Mn | - |
| 10 | Stablecoin Development | 25.28 Mn | -10.36 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 1,000.00 |
| Jun 30, 2025 | 1,000.00 |
| Mar 31, 2025 | 2,000.00 |
| Dec 31, 2024 | 16,000.00 |
| Sep 30, 2024 | 1,000.00 |
| Jun 30, 2024 | 8,000.00 |
| Mar 31, 2024 | 12,000.00 |
| Dec 31, 2023 | 12,000.00 |
| Sep 30, 2023 | 13,000.00 |
| Jun 30, 2023 | 13,000.00 |
| Mar 31, 2023 | 13,000.00 |
| Mar 31, 2022 | 30,000.00 |
| Jun 30, 2016 | 27,000.00 |
| Mar 31, 2016 | 40,000.00 |
| Jun 30, 2015 | 41,000.00 |
| Mar 31, 2015 | 41,000.00 |
Stablecoin Development Depreciation and Depletion API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=SDEV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "ticker": "SDEV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=SDEV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();