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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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nVent Electric plc quarterly/annual Amortization of Intangible Assets history and growth rate from 2021 to 2023.
- nVent Electric plc Amortization of Intangible Assets for the quarter ending June 30, 2024 was $24.4M, a 14.6% increase year-over-year.
- nVent Electric plc Amortization of Intangible Assets for the twelve months ending June 30, 2024 was $100M, a 35.5% increase year-over-year.
- nVent Electric plc annual Amortization of Intangible Assets for 2023 was $89.7M, a 26.9% increase from 2022.
- nVent Electric plc annual Amortization of Intangible Assets for 2022 was $70.7M, a 4.74% increase from 2021.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)