Discontinued — last reported Q3 '21

Other

Depreciation Nonproduction

T Rowe Price Group Depreciation Nonproduction increased by 2.6% to $51.70M in Q3 2021 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ3 2021Oct 28, 2021

How to read this metric

An increase suggests higher investment in non-core administrative assets, while a decrease indicates lower overhead asset intensity.

Detailed definition

This captures depreciation expenses related to assets not directly involved in the primary production or core banking se...

Peer comparison

Often grouped under general depreciation; peers may vary in how they classify non-production assets.

Metric ID: other_depreciation_nonproduction

Historical Data

2 periods
 Q2 '21Q3 '21
Value$50.40M$51.70M
QoQ Change+2.6%
Range$50.40M$51.70M

Frequently Asked Questions

What is T Rowe Price Group's depreciation nonproduction?
T Rowe Price Group (TROW) reported depreciation nonproduction of $51.70M in Q3 2021.
What does depreciation nonproduction mean?
Depreciation costs for assets not directly used in core banking production.