New Horizon Aircraft Ltd. Annual Depreciation in CAD from 2022 to 2023

Taxonomy & unit
us-gaap: CAD
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
New Horizon Aircraft Ltd. quarterly/annual Depreciation history and growth rate from 2022 to 2023.
  • New Horizon Aircraft Ltd. Depreciation for the quarter ending August 31, 2024 was CA$30K, a 400% increase year-over-year.
  • New Horizon Aircraft Ltd. annual Depreciation for 2023 was CA$56K, a 107% increase from 2022.
Depreciation, Annual (CAD)
Depreciation, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 56K +29K +107% Jun 1, 2023 May 31, 2024 10-K 2024-08-15
2022 27K Jun 1, 2022 May 31, 2023 10-K 2024-08-15
* An asterisk sign (*) next to the value indicates that the value is likely invalid.