Scorpio Tankers (STNG) Amortizatization of Intangibles (2010 - 2023)
Scorpio Tankers (STNG) reported Amortizatization of Intangibles of -$2.1 million for Q4 2023, up 78.46% year-over-year from -$1.2 million in Q4 2022, and up 49.11% quarter-over-quarter from -$4.1 million in Q3 2023.
Scorpio Tankers (STNG) Amortizatization of Intangibles (2010 - 2023) Analysis & Trends
Scorpio Tankers (STNG) has 12 years of Amortizatization of Intangibles data on file, last reported at -$2.1 million in Q4 2023.
- Amortizatization of Intangibles for Q4 2023 came in at -$2.1 million, up 78.46% year-over-year; the trailing twelve-month figure through Dec 2023 was -$24.2 million (up 37.56% YoY), and the FY2023 annual result was $24.2 million, up 162.44% from the prior year.
- Amortizatization of Intangibles improved to -$2.1 million in Q4 2023 per STNG's latest filing, from -$4.1 million in the prior quarter.
- Over five years, Amortizatization of Intangibles peaked at $12.6 million in Q4 2019 and troughed at -$13.6 million in Q2 2020.
- A 5-year average of -$8.0 million and a median of -$9.7 million in 2022 frame the typical range for Amortizatization of Intangibles.
- The sharpest annual moves came in 2019 and 2020: Amortizatization of Intangibles surged 270.12% in 2019, then plunged 518.13% in 2020.
- A 5-year view of Amortizatization of Intangibles shows it stood at $12.6 million in 2019, then tumbled by 199.54% to -$12.6 million in 2020, then advanced by 17.82% to -$10.3 million in 2021, then increased by 5.47% to -$9.8 million in 2022, then surged by 78.46% to -$2.1 million in 2023.
- Business Quant data shows STNG's Amortizatization of Intangibles at -$2.1 million in Q4 2023, -$4.1 million in Q3 2023, and -$8.5 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Amortizatization of Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 89.89 Bn | 90.59 Bn | 6.70 Bn | - |
| 2 | Enterprise Products Partners | 82.10 Bn | 80.95 Bn | - | 28.00 Mn |
| 3 | Kinder Morgan | 70.96 Bn | 72.04 Bn | 3.08 Bn | - |
| 4 | Energy Transfer | 65.68 Bn | 64.96 Bn | 6.62 Bn | - |
| 5 | Scorpio Tankers | 59.56 Bn | 58.58 Bn | - | - |
| 6 | Targa Resources | 58.53 Bn | 58.56 Bn | 1.70 Bn | - |
| 7 | Oneok | 57.23 Bn | 57.10 Bn | 2.57 Bn | - |
| 8 | Mplx | 57.20 Bn | 55.69 Bn | 2.54 Bn | - |
| 9 | Tc Energy | 51.34 Bn | 52.53 Bn | 2.95 Bn | - |
| 10 | Cheniere Energy | 50.96 Bn | 53.16 Bn | 5.86 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -2.11 Mn |
| Dec 31, 2023 | -2.11 Mn |
| Sep 30, 2023 | -4.14 Mn |
| Sep 30, 2023 | -4.14 Mn |
| Jun 30, 2023 | -8.51 Mn |
| Jun 30, 2023 | -8.51 Mn |
| Mar 31, 2023 | -9.49 Mn |
| Mar 31, 2023 | -9.49 Mn |
| Dec 31, 2022 | -9.77 Mn |
| Dec 31, 2022 | -9.77 Mn |
| Sep 30, 2022 | -9.57 Mn |
| Sep 30, 2022 | -9.57 Mn |
| Jun 30, 2022 | -9.77 Mn |
| Jun 30, 2022 | -9.77 Mn |
| Mar 31, 2022 | -9.72 Mn |
| Mar 31, 2022 | -9.72 Mn |
| Dec 31, 2021 | -10.34 Mn |
| Dec 31, 2021 | -10.34 Mn |
| Sep 30, 2021 | -10.41 Mn |
| Sep 30, 2021 | -10.41 Mn |