Superior Drilling Products, Inc. Annual Depreciation in USD from 2013 to 2023

Taxonomy & unit
us-gaap: USD
Description
The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.
Summary
Superior Drilling Products, Inc. quarterly/annual Depreciation history and growth rate from 2013 to 2023.
  • Superior Drilling Products, Inc. Depreciation for the quarter ending March 31, 2024 was $351K, a 23.5% increase year-over-year.
  • Superior Drilling Products, Inc. Depreciation for the twelve months ending March 31, 2024 was $1.35M, a 8.17% increase year-over-year.
  • Superior Drilling Products, Inc. annual Depreciation for 2023 was $1.29M, a 3.69% decline from 2022.
  • Superior Drilling Products, Inc. annual Depreciation for 2022 was $1.34M, a 12% decline from 2021.
  • Superior Drilling Products, Inc. annual Depreciation for 2021 was $1.52M, a 7.85% decline from 2020.
Depreciation, Trailing 12 Months (USD)
Depreciation, Annual (USD)
Depreciation, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $1.29M -$49.3K -3.69% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-15
2022 $1.34M -$183K -12% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-15
2021 $1.52M -$130K -7.85% Jan 1, 2021 Dec 31, 2021 10-K 2023-03-16
2020 $1.65M $0 0% Jan 1, 2020 Dec 31, 2020 10-K 2022-03-24
2019 $1.65M +$336K +25.6% Jan 1, 2019 Dec 31, 2019 10-K 2021-03-16
2018 $1.31M +$83.6K +6.8% Jan 1, 2018 Dec 31, 2018 10-K 2020-03-18
2017 $1.23M -$615K -33.3% Jan 1, 2017 Dec 31, 2017 10-K/A 2019-08-19
2016 $1.84M -$527K -22.2% Jan 1, 2016 Dec 31, 2016 10-K 2018-03-23
2015 $2.37M +$568K +31.5% Jan 1, 2015 Dec 31, 2015 10-K 2017-03-31
2014 $1.8M +$701K +63.6% Jan 1, 2014 Dec 31, 2014 10-K 2016-03-30
2013 $1.1M Jan 1, 2013 Dec 31, 2013 10-K 2015-03-31
* An asterisk sign (*) next to the value indicates that the value is likely invalid.