QualTek Services Inc. Annual Amortization of Intangible Assets in USD from 2021 to 2022

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
QualTek Services Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2021 to 2022.
  • QualTek Services Inc. Amortization of Intangible Assets for the quarter ending April 1, 2023 was $10.5M, a 0.41% decline year-over-year.
  • QualTek Services Inc. Amortization of Intangible Assets for the twelve months ending April 1, 2023 was $42.1M, a 3.73% increase year-over-year.
  • QualTek Services Inc. annual Amortization of Intangible Assets for 2022 was $42.2M, a 6.93% increase from 2021.
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
2022 $42.2M +$2.73M +6.93% Jan 1, 2022 Dec 31, 2022 10-K 2023-04-28
2021 $39.5M Jan 1, 2021 Dec 31, 2021 10-K 2023-04-28
* An asterisk sign (*) next to the value indicates that the value is likely invalid.