Drilling Tools International Corp Annual Depreciation in USD from 2022 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
Drilling Tools International Corp quarterly/annual Depreciation history and growth rate from 2022 to 2023.
  • Drilling Tools International Corp Depreciation for the quarter ending June 30, 2024 was $5.6M, a 19.1% increase year-over-year.
  • Drilling Tools International Corp Depreciation for the twelve months ending June 30, 2024 was $21.5M.
  • Drilling Tools International Corp annual Depreciation for 2023 was $20.3M, a 3.05% increase from 2022.
Depreciation, Trailing 12 Months (USD)
Depreciation, Annual (USD)
Depreciation, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $20.3M +$600K +3.05% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-28
2022 $19.7M Jan 1, 2022 Dec 31, 2022 10-K 2024-03-28
* An asterisk sign (*) next to the value indicates that the value is likely invalid.