Nine Energy Service, Inc. Annual Amortization of Intangible Assets in USD from 2016 to 2023

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
Nine Energy Service, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2016 to 2023.
  • Nine Energy Service, Inc. Amortization of Intangible Assets for the quarter ending September 30, 2024 was $2.8M, a 3.42% decline year-over-year.
  • Nine Energy Service, Inc. Amortization of Intangible Assets for the twelve months ending September 30, 2024 was $11.2M, a 3.15% decline year-over-year.
  • Nine Energy Service, Inc. annual Amortization of Intangible Assets for 2023 was $11.5M, a 14.5% decline from 2022.
  • Nine Energy Service, Inc. annual Amortization of Intangible Assets for 2022 was $13.5M, a 16.5% decline from 2021.
  • Nine Energy Service, Inc. annual Amortization of Intangible Assets for 2021 was $16.1M, a 2.13% decline from 2020.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $11.5M -$1.95M -14.5% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-08
2022 $13.5M -$2.65M -16.5% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-08
2021 $16.1M -$351K -2.13% Jan 1, 2021 Dec 31, 2021 10-K 2023-03-08
2020 $16.5M -$1.9M -10.3% Jan 1, 2020 Dec 31, 2020 10-K 2022-03-08
2019 $18.4M +$8.81M +92.2% Jan 1, 2019 Dec 31, 2019 10-K 2021-03-08
2018 $9.56M +$759K +8.63% Jan 1, 2018 Dec 31, 2018 10-K 2020-03-10
2017 $8.8M -$284K -3.13% Jan 1, 2017 Dec 31, 2017 10-K 2020-03-10
2016 $9.08M Jan 1, 2016 Dec 31, 2016 10-K 2019-03-07
* An asterisk sign (*) next to the value indicates that the value is likely invalid.