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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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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 (%)