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
DateValue
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