ALTA EQUIPMENT GROUP INC. Annual Amortization of Intangible Assets in USD from 2019 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
Alta Equipment Group Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2019 to 2023.
  • Alta Equipment Group Inc. Amortization of Intangible Assets for the quarter ending September 30, 2024 was $2.5M, a 25% increase year-over-year.
  • Alta Equipment Group Inc. Amortization of Intangible Assets for the twelve months ending September 30, 2024 was $10.2M, a 22.9% increase year-over-year.
  • Alta Equipment Group Inc. annual Amortization of Intangible Assets for 2023 was $8.9M, a 50.8% increase from 2022.
  • Alta Equipment Group Inc. annual Amortization of Intangible Assets for 2022 was $5.9M, a 78.8% increase from 2021.
  • Alta Equipment Group Inc. annual Amortization of Intangible Assets for 2021 was $3.3M, a 43.5% increase 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 $8.9M +$3M +50.8% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-14
2022 $5.9M +$2.6M +78.8% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-14
2021 $3.3M +$1M +43.5% Jan 1, 2021 Dec 31, 2021 10-K 2024-03-14
2020 $2.3M +$2M +667% Jan 1, 2020 Dec 31, 2020 10-K 2023-03-09
2019 $300K Jan 1, 2019 Dec 31, 2019 10-K 2021-03-18
* An asterisk sign (*) next to the value indicates that the value is likely invalid.