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| Date | Value |
|---|---|
| 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 |