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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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Covenant Logistics Group, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from Q1 2020 to Q1 2024.
- Covenant Logistics Group, Inc. Amortization of Intangible Assets for the quarter ending March 31, 2024 was $2.4M, a 118% increase year-over-year.
- Covenant Logistics Group, Inc. annual Amortization of Intangible Assets for 2023 was $7.5M, a 74.4% increase from 2022.
- Covenant Logistics Group, Inc. annual Amortization of Intangible Assets for 2022 was $4.3M, a 7.5% increase from 2021.
- Covenant Logistics Group, Inc. annual Amortization of Intangible Assets for 2021 was $4M, a 21.6% decline from 2020.
Amortization of Intangible Assets, Quarterly (USD)
Amortization of Intangible Assets, YoY Quarterly Growth (%)