Shoals Technologies 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
Shoals Technologies Group, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2019 to 2023.
  • Shoals Technologies Group, Inc. Amortization of Intangible Assets for the quarter ending September 30, 2024 was $1.9M, a 5% decline year-over-year.
  • Shoals Technologies Group, Inc. Amortization of Intangible Assets for the twelve months ending September 30, 2024 was $7.6M, a 6.17% decline year-over-year.
  • Shoals Technologies Group, Inc. annual Amortization of Intangible Assets for 2023 was $7.9M, a 9.2% decline from 2022.
  • Shoals Technologies Group, Inc. annual Amortization of Intangible Assets for 2022 was $8.7M, a 3.57% increase from 2021.
  • Shoals Technologies Group, Inc. annual Amortization of Intangible Assets for 2021 was $8.4M, a 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 $7.9M -$800K -9.2% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-28
2022 $8.7M +$300K +3.57% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-28
2021 $8.4M +$400K +5% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-28
2020 $8M $0 0% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-28
2019 $8M Jan 1, 2019 Dec 31, 2019 10-K 2022-03-11
* An asterisk sign (*) next to the value indicates that the value is likely invalid.