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.
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Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 188.55 Bn | 131.07 Bn | - | - |
| 2 | Spdr Gold Trust | 136.66 Bn | -421.34 Bn | - | - |
| 3 | Blackstone | 99.46 Bn | 89.44 Bn | - | - |
| 4 | Brookfield | 95.73 Bn | -87.59 Bn | - | - |
| 5 | Kkr | 88.30 Bn | 8.45 Bn | - | - |
| 6 | Brookfield Asset Management | 86.25 Bn | 81.06 Bn | - | - |
| 7 | Apollo Global Management | 73.37 Bn | -12.79 Bn | 4.14 Bn | - |
| 8 | Wheaton Precious Metals | 65.10 Bn | 60.52 Bn | 687.86 Mn | 122.81 Mn |
| 9 | Franco Nevada | 50.67 Bn | 48.04 Bn | 451.00 Mn | - |
| 10 | Stablecoin Development | 163.36 Mn | 122.87 Mn | - | - |
Historic Data
Download Data
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 |
API Access
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_KEYimport 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();