RideNow (RDNW) Amortizatization of Intangibles (2016 - 2023)
RideNow (RDNW) posted quarterly Amortizatization of Intangibles of $2.4 million for Q2 2023, up 53.65% year-over-year from $1.6 million in Q2 2022, and up 4.99% quarter-over-quarter from $2.3 million in Q1 2023.
RideNow (RDNW) Amortizatization of Intangibles (2016 - 2023) Analysis & Trends
RideNow's Amortizatization of Intangibles history runs 8 years deep, the most recent figure standing at $2.4 million for Q2 2023.
- In Q2 2023, Amortizatization of Intangibles rose 53.65% year-over-year to $2.4 million; the TTM figure through Jun 2023 stood at $7.6 million (up 12.8% YoY), while the FY2022 annual figure was $6.4 million, up 45.53% from the prior year.
- Amortizatization of Intangibles for Q2 2023 stood at $2.4 million, up from $2.3 million in the prior quarter.
- The five-year high for Amortizatization of Intangibles was $2.4 million in Q4 2022, with the low at $211725.0 in Q1 2019.
- The 5-year median for Amortizatization of Intangibles is $627755.0 (2020), against an average of $1.2 million.
- The sharpest annual moves came in 2019 and 2022: Amortizatization of Intangibles jumped 367.51% in 2019, then sank 63.58% in 2022.
- RideNow's Amortizatization of Intangibles stood at $355939.0 in 2019, then surged by 48.34% to $528000.0 in 2020, then surged by 298.11% to $2.1 million in 2021, then advanced by 16.41% to $2.4 million in 2022, then declined by 0.29% to $2.4 million in 2023.
- Business Quant data shows RDNW's Amortizatization of Intangibles at $2.4 million in Q2 2023, $2.3 million in Q1 2023, and $2.4 million in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Amortizatization of Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 78.40 Bn | 78.40 Bn | - | - |
| 2 | Carvana | 51.67 Bn | 48.92 Bn | 1.38 Bn | - |
| 3 | Penske Automotive | 14.30 Bn | 14.23 Bn | 1.36 Bn | - |
| 4 | Lithia Motors | 8.59 Bn | 8.23 Bn | 1.50 Bn | - |
| 5 | Carmax | 8.33 Bn | 7.73 Bn | 854.41 Mn | - |
| 6 | Autonation | 7.03 Bn | 6.97 Bn | 1.23 Bn | - |
| 7 | Rush Enterprises Inc \Tx\ | 6.32 Bn | 6.06 Bn | 361.67 Mn | - |
| 8 | Autozi Internet Technology (Global) | 6.24 Bn | 6.05 Bn | - | - |
| 9 | Valvoline | 4.23 Bn | 4.15 Bn | 214.90 Mn | - |
| 10 | RideNow | 249.39 Mn | 235.99 Mn | 70.90 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 2.44 Mn |
| Jun 30, 2023 | 2.44 Mn |
| Mar 31, 2023 | 2.32 Mn |
| Mar 31, 2023 | 2.32 Mn |
| Dec 31, 2022 | 2.45 Mn |
| Dec 31, 2022 | 2.45 Mn |
| Sep 30, 2022 | 413,000.00 |
| Sep 30, 2022 | 413,000.00 |
| Jun 30, 2022 | 1.59 Mn |
| Jun 30, 2022 | 1.59 Mn |
| Mar 31, 2022 | 1.94 Mn |
| Mar 31, 2022 | 1.94 Mn |
| Dec 31, 2021 | 2.10 Mn |
| Dec 31, 2021 | 2.10 Mn |
| Sep 30, 2021 | 1.13 Mn |
| Sep 30, 2021 | 1.13 Mn |
| Jun 30, 2021 | 591,000.00 |
| Jun 30, 2021 | 591,000.00 |
| Mar 31, 2021 | 559,000.00 |
| Mar 31, 2021 | 559,000.00 |