HORMEL FOODS CORP /DE/ Annual Amortization of Intangible Assets in USD from 2010 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
Hormel Foods Corp /De/ quarterly/annual Amortization of Intangible Assets history and growth rate from 2010 to 2023.
  • Hormel Foods Corp /De/ Amortization of Intangible Assets for the quarter ending April 28, 2024 was $3.98M, a 13.4% decline year-over-year.
  • Hormel Foods Corp /De/ Amortization of Intangible Assets for the twelve months ending April 28, 2024 was $17.6M, a 6.5% decline year-over-year.
  • Hormel Foods Corp /De/ annual Amortization of Intangible Assets for 2023 was $18.4M, a 4.61% decline from 2022.
  • Hormel Foods Corp /De/ annual Amortization of Intangible Assets for 2022 was $19.3M, a 10% increase from 2021.
  • Hormel Foods Corp /De/ annual Amortization of Intangible Assets for 2021 was $17.5M, a 22.9% 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 $18.4M -$888K -4.61% Oct 31, 2022 Oct 29, 2023 10-K 2023-12-06
2022 $19.3M +$1.76M +10% Nov 1, 2021 Oct 30, 2022 10-K 2023-12-06
2021 $17.5M +$3.27M +22.9% Oct 26, 2020 Oct 31, 2021 10-K 2023-12-06
2020 $14.3M +$2.67M +23% Oct 28, 2019 Oct 25, 2020 10-K 2022-12-06
2019 $11.6M -$1.07M -8.43% Oct 29, 2018 Oct 27, 2019 10-K 2021-12-10
2018 $12.7M +$4.25M +50.6% Oct 30, 2017 Oct 28, 2018 10-K 2020-12-04
2017 $8.4M +$13K +0.16% Oct 31, 2016 Oct 29, 2017 10-K 2019-12-06
2016 $8.39M +$245K +3.01% Oct 26, 2015 Oct 30, 2016 10-K 2018-12-07
2015 $8.14M -$1.21M -12.9% Oct 27, 2014 Oct 25, 2015 10-K 2017-12-20
2014 $9.35M -$127K -1.34% Oct 28, 2013 Oct 26, 2014 10-K 2016-12-21
2013 $9.48M +$504K +5.62% Oct 29, 2012 Oct 27, 2013 10-K 2015-12-16
2012 $8.98M -$501K -5.29% Oct 31, 2011 Oct 28, 2012 10-K 2014-12-17
2011 $9.48M -$1.06M -10% Nov 1, 2010 Oct 30, 2011 10-K 2013-12-18
2010 $10.5M Oct 26, 2009 Oct 31, 2010 10-K 2012-12-19
* An asterisk sign (*) next to the value indicates that the value is likely invalid.