SurgePays (SURG) Depreciation and Depletion (2018 - 2024)

SurgePays (SURG) posted quarterly Depreciation and Depletion of $282067.0 for Q3 2024, up 33.59% YoY from $211149.0 in Q4 2023, and up 300.76% sequentially from $70383.0 in Q2 2024.

SurgePays (SURG) Depreciation and Depletion (2018 - 2024) Analysis & Trends

SurgePays has disclosed Depreciation and Depletion across 7 years of filings, most recently posting $282067.0 for Q3 2024.

  • In Q3 2024, Depreciation and Depletion rose 33.59% year-over-year to $282067.0; the TTM figure through Sep 2024 stood at $3086.0 (up 109.43% YoY), while the FY2023 annual figure was $281532.0, up 0.59% from the prior year.
  • Depreciation and Depletion climbed to $282067.0 in Q3 2024, from $70383.0 in the prior quarter.
  • Over the last five years, Depreciation and Depletion for SURG reached as high as $282067.0 in Q3 2024 and fell as low as -$419747.0 in Q4 2023.
  • The 5-year median for Depreciation and Depletion is $17756.0 (2021), against an average of $13823.8.
  • Annual changes were most pronounced in 2021 — Depreciation and Depletion jumped 51127.27% — and 2022, when it sank 2412.47%.
  • A 5-year view of Depreciation and Depletion shows it stood at $15521.0 in 2020, then increased by 7.17% to $16634.0 in 2021, then slumped by 2412.47% to -$384657.0 in 2022, then slipped by 9.12% to -$419747.0 in 2023, then jumped by 167.2% to $282067.0 in 2024.
  • According to Business Quant data, Depreciation and Depletion over the past three periods registered $282067.0, $70383.0, and $70383.0 for Q3 2024, Q2 2024, and Q1 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Depreciation and Depletion (Qtr)
1 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,360.11 Bn 465.10 Bn - -
2 T-Mobile US 190.40 Bn 186.88 Bn 17.62 Bn -
3 Verizon Communications 176.65 Bn 169.60 Bn 27.94 Bn -
4 At&T 143.78 Bn 133.82 Bn 25.25 Bn -
5 Telecom Argentina 27.29 Bn -708.89 Bn - -
6 Charter Communications 17.55 Bn 21.72 Bn - -
7 Millicom International Cellular 15.13 Bn 13.99 Bn - -
8 Globalstar 10.40 Bn 10.04 Bn 46.63 Mn -
9 Sify Technologies 7.22 Bn 7.17 Bn 54.72 Mn -
10 SurgePays 9.72 Mn 7.25 Mn -7.70 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2024 282,067.00
Sep 30, 2024 282,067.00
Jun 30, 2024 70,383.00
Jun 30, 2024 70,383.00
Mar 31, 2024 70,383.00
Mar 31, 2024 70,383.00
Dec 31, 2023 -419,747.00
Dec 31, 2023 -419,747.00
Sep 30, 2023 211,149.00
Sep 30, 2023 211,149.00
Jun 30, 2023 70,383.00
Jun 30, 2023 70,383.00
Mar 31, 2023 70,383.00
Mar 31, 2023 70,383.00
Dec 31, 2022 -384,657.00
Dec 31, 2022 -384,657.00
Sep 30, 2022 140,318.00
Sep 30, 2022 140,318.00
Jun 30, 2022 28,184.00
Jun 30, 2022 28,184.00