NORTECH SYSTEMS INC Quarterly Depreciation in USD from Q1 2011 to Q1 2024

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
Nortech Systems Inc quarterly/annual Depreciation history and growth rate from Q1 2011 to Q1 2024.
  • Nortech Systems Inc Depreciation for the quarter ending March 31, 2024 was $482K, a 4.55% decline year-over-year.
  • Nortech Systems Inc annual Depreciation for 2023 was $1.89M, a 6.96% increase from 2022.
  • Nortech Systems Inc annual Depreciation for 2022 was $1.77M, a 0.34% decline from 2021.
  • Nortech Systems Inc annual Depreciation for 2021 was $1.77M, a 11.4% decline from 2020.
Depreciation, Quarterly (USD)
Depreciation, YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q1 2024 $482K -$23K -4.55% Jan 1, 2024 Mar 31, 2024 10-Q 2024-05-14
Q1 2023 $505K +$19K +3.91% Jan 1, 2023 Mar 31, 2023 10-Q 2024-05-14
Q1 2022 $486K Jan 1, 2022 Mar 31, 2022 10-Q 2023-05-10
Q1 2017 $544K +$27.3K +5.28% Jan 1, 2017 Mar 31, 2017 10-Q 2017-05-11
Q1 2016 $517K +$437 +0.09% Jan 1, 2016 Mar 31, 2016 10-Q 2017-05-11
Q1 2015 $517K +$19.3K +3.88% Jan 1, 2015 Mar 31, 2015 10-Q 2016-05-04
Q1 2014 $497K -$12K -2.36% Jan 1, 2014 Mar 31, 2014 10-Q 2015-05-06
Q1 2013 $509K +$60.7K +13.5% Jan 1, 2013 Mar 31, 2013 10-Q 2014-05-07
Q1 2012 $449K -$39.7K -8.13% Jan 1, 2012 Mar 31, 2012 10-Q 2013-05-10
Q1 2011 $488K Jan 1, 2011 Mar 31, 2011 10-Q 2012-05-11
* An asterisk sign (*) next to the value indicates that the value is likely invalid.