Discontinued — last reported Q1 '23
Engineering Solutions — Amortization of intangibles
S&P Global Engineering Solutions — Amortization of intangibles remained flat by 0.0% to $2.00M in Q1 2023 compared to the prior quarter. Year-over-year, this metric declined by 50.0%, from $4.00M to $2.00M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
A decrease in this metric typically indicates that the underlying intangible assets are becoming fully amortized or that no new acquisitions have been integrated into the segment. An increase suggests recent acquisition activity or the recognition of new intangible assets that are now being expensed over time.
Detailed definition
This metric represents the periodic expense recognized for the systematic allocation of the cost of intangible assets, s...
Peer comparison
This is a standard accounting metric found in most companies that have completed acquisitions, often categorized under 'Amortization of Acquired Intangibles' in segment-level financial disclosures.
spgi_segment_engineering_solutions_amortization_of_intangiblesHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | |
|---|---|---|---|---|---|
| Value | $4.00M | $15.00M | $14.00M | $2.00M | $2.00M |
| QoQ Change | — | +275.0% | -6.7% | -85.7% | +0.0% |
| YoY Change | — | — | — | — | -50.0% |
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Frequently Asked Questions
- What is S&P Global's engineering solutions — amortization of intangibles?
- S&P Global (SPGI) reported engineering solutions — amortization of intangibles of $2.00M in Q1 2023.
- How has S&P Global's engineering solutions — amortization of intangibles changed year-over-year?
- S&P Global's engineering solutions — amortization of intangibles decreased by 50.0% year-over-year, from $4.00M to $2.00M.
- What does engineering solutions — amortization of intangibles mean?
- The non-cash expense representing the gradual write-down of the value of intangible assets associated with the Engineering Solutions business unit.