TIMKEN CO Quarterly Amortization of Intangible Assets in USD from Q1 2012 to Q2 2024
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Taxonomy & unit
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us-gaap: USD
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Description
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The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
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Summary
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Timken Co quarterly/annual Amortization of Intangible Assets history and growth rate from Q1 2012 to Q2 2024.
- Timken Co Amortization of Intangible Assets for the quarter ending June 30, 2024 was $19M, a 9.83% increase year-over-year.
- Timken Co Amortization of Intangible Assets for the twelve months ending June 30, 2024 was $73.9M, a 38.9% increase year-over-year.
- Timken Co annual Amortization of Intangible Assets for 2023 was $65.7M, a 49.7% increase from 2022.
- Timken Co annual Amortization of Intangible Assets for 2022 was $43.9M, a 6.2% decline from 2021.
- Timken Co annual Amortization of Intangible Assets for 2021 was $46.8M, a 16.7% decline from 2020.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Quarterly (USD)
Amortization of Intangible Assets, YoY Quarterly Growth (%)