MCGRATH RENTCORP Quarterly Amortization of Intangible Assets in USD from Q1 2021 to Q1 2024
-
Taxonomy & unit
-
us-gaap: USD
-
Description
-
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.
-
Summary
-
Mcgrath Rentcorp quarterly/annual Amortization of Intangible Assets history and growth rate from Q1 2021 to Q1 2024.
- Mcgrath Rentcorp Amortization of Intangible Assets for the quarter ending March 31, 2024 was $2.6M, a 13% increase year-over-year.
- Mcgrath Rentcorp annual Amortization of Intangible Assets for 2023 was $10.7M, a 81.4% increase from 2022.
- Mcgrath Rentcorp annual Amortization of Intangible Assets for 2022 was $5.9M, unchanged from 2021.
- Mcgrath Rentcorp annual Amortization of Intangible Assets for 2021 was $5.9M, a 2850% increase from 2020.
Amortization of Intangible Assets, Quarterly (USD)
Amortization of Intangible Assets, YoY Quarterly Growth (%)