Scorpio Tankers (STNG) Amortizatization of Intangibles (2010 - 2023)

Scorpio Tankers (STNG) has reported Amortizatization of Intangibles for 11 consecutive years, with -$2.1 million the latest figure, recorded in Q4 2023.

• On a quarterly basis, Amortizatization of Intangibles rose 78.46% year-over-year to -$2.1 million in Q4 2023; TTM through Dec 2023 was -$24.2 million, a 37.56% increase from a year earlier, with the FY2023 full-year figure at $24.2 million, down 37.56% from the prior year.
• Amortizatization of Intangibles was -$2.1 million for Q4 2023 at Scorpio Tankers, up from -$4.1 million in the prior quarter.
• Over five years, Amortizatization of Intangibles peaked at $3.5 million in Q1 2019 and troughed at -$13.6 million in Q2 2020.
• A 5-year average of -$8.9 million and a median of -$9.8 million in 2022 frame the typical range for Amortizatization of Intangibles.
• Across the five-year window, Amortizatization of Intangibles jumped 80.46% in 2019 and slumped 477.81% in 2020, its largest moves.
• Over 5 years, Amortizatization of Intangibles stood at -$12.6 million in 2019, then grew by 0.46% to -$12.6 million in 2020, then gained by 17.82% to -$10.3 million in 2021, then grew by 5.47% to -$9.8 million in 2022, then jumped by 78.46% to -$2.1 million in 2023.
• The last three Amortizatization of Intangibles figures came in at -$2.1 million (Q4 2023), -$4.1 million (Q3 2023), and -$8.5 million (Q2 2023), per Business Quant data.