Fortis Inc. Quarterly Amortization of Intangible Assets in CAD from Q2 2016 to Q2 2024
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Taxonomy & unit
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us-gaap: CAD
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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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Fortis Inc. annual/quarterly Amortization of Intangible Assets history and growth rate from Q2 2016 to Q2 2024.
- Fortis Inc. Amortization of Intangible Assets for the quarter ending June 30, 2024 was CA$39M, a 2.63% increase year-over-year.
- Fortis Inc. annual Amortization of Intangible Assets for 2024 was CA$153M, a 2% increase from 2023.
- Fortis Inc. annual Amortization of Intangible Assets for 2023 was CA$150M, a 3.45% increase from 2022.
- Fortis Inc. annual Amortization of Intangible Assets for 2022 was CA$145M, a 6.62% increase from 2021.
Amortization of Intangible Assets, Quarterly (CAD)
Amortization of Intangible Assets, YoY Quarterly Growth (%)