Twin Vee PowerCats (VEEE) Depreciation Expense (2020 - 2023)
Twin Vee PowerCats' quarterly Depreciation Expense came in at $284562.0 in Q2 2023, up 137.5% year-on-year from $119817.0 in Q2 2022, and up 137.5% quarter-over-quarter from $119817.0 in Q2 2022.
Twin Vee PowerCats has reported Depreciation Expense for 4 years, with the latest figure at $284562.0 in Q2 2023.
- For the quarter ending Q2 2023, Depreciation Expense rose 137.5% year-over-year to $284562.0; the trailing twelve-month figure through Jun 2023 stood at $550905.0 (up 85.22% YoY), and the FY2021 full-year result was $198523.0, up 27.48% from the prior year.
- Depreciation Expense for Q2 2023 stood at $284562.0, up from $119817.0 in the prior quarter.
- The five-year high for Depreciation Expense was $284562.0 in Q2 2023, with the low at $31091.0 in Q3 2021.
- Average Depreciation Expense over 4 years is $80790.1, with a median of $57124.5 recorded in 2020.
- Year-over-year, Depreciation Expense decreased 5.98% in 2021 and surged 137.5% in 2023.
- Tracing VEEE's Depreciation Expense over 4 years: stood at $59774.0 in 2020, then climbed by 11.14% to $66434.0 in 2021, then jumped by 80.35% to $119817.0 in 2022, then surged by 137.5% to $284562.0 in 2023.
- The last three Depreciation Expense figures came in at $284562.0 (Q2 2023), $119817.0 (Q2 2022), and $80092.0 (Q1 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation (Qtr) |
|---|---|---|---|---|---|
| 1 | Brunswick | 5.48 Bn | 5.20 Bn | 343.60 Mn | - |
| 2 | Thor Industries | 4.17 Bn | 3.93 Bn | 251.25 Mn | - |
| 3 | Polaris | 4.05 Bn | 3.77 Bn | - | - |
| 4 | Brp | 3.05 Bn | 2.70 Bn | 398.91 Mn | - |
| 5 | Patrick Industries | 2.94 Bn | 2.90 Bn | 226.86 Mn | - |
| 6 | Harley-Davidson | 2.66 Bn | 2.68 Bn | 266.45 Mn | - |
| 7 | Lci Industries | 2.64 Bn | 2.50 Bn | 273.67 Mn | - |
| 8 | Winnebago Industries | 837.26 Mn | 789.86 Mn | 85.60 Mn | - |
| 9 | Malibu Boats | 526.29 Mn | 480.05 Mn | 41.28 Mn | - |
| 10 | Twin Vee PowerCats | 1.16 Mn | -4.29 Mn | 196,337.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 284,562.00 |
| Jun 30, 2022 | 119,817.00 |
| Mar 31, 2022 | 80,092.00 |
| Dec 31, 2021 | 66,434.00 |
| Sep 30, 2021 | 31,091.00 |
| Jun 30, 2021 | 54,475.00 |
| Mar 31, 2021 | 46,523.00 |
| Dec 31, 2020 | 59,774.00 |
| Sep 30, 2020 | 33,068.00 |
| Jun 30, 2020 | 32,065.00 |