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Magnera MAGN Gain (loss) on disposal of assets
Gain (loss) on disposal of assets at other companies
Other financials
Where this comes from
Reported directly by Magnera in its filing.
Tagged under the XBRL concept us-gaap:DisposalGroupNotDiscontinuedOperationGainLossOnDisposal.
The source filing: Magnera’s 10-Q, filed October 30, 2024.
- Filed
- Oct 30, 2024
- Fiscal quarter
- Q4 FY2024
- Calendar quarter
- Q3 2024
- Accession
- 0000041719-24-000036
| In thousands, except per share | Three months ended September 30, 2024 | Three months ended September 30, 2023 | Nine months ended September 30, 2024 | Nine months ended September 30, 2023 |
|---|---|---|---|---|
| Costs of products sold | 296,620 | 285,434 | 882,022 | 966,300 |
| Gross profit | 35,481 | 44,487 | 106,778 | 98,834 |
| Selling, general and administrative expenses | 32,511 | 24,714 | 97,988 | 84,098 |
| Loss on sale of Ober-Schmitten | — | 17,805 | — | 17,805 |
| Losses (gains) on dispositions of plant, equipment and timberlands, net | (1) | (685) | 70 | (1,350) |
| Operating income (loss) | 2,971 | 2,653 | 8,720 | (1,719) |
| Non-operating income (expense) | ||||
| Interest expense | (18,404) | (17,386) | (53,989) | (47,241) |
Item 1 – Financial Statements
FAQ
- What is Magnera's gain (loss) on disposal of assets?
- Magnera (MAGN) reported gain (loss) on disposal of assets of $0 in Q3 2024.
- How has Magnera's gain (loss) on disposal of assets changed year-over-year?
- Magnera's gain (loss) on disposal of assets increased by 100.0% year-over-year, from -$17.81M to $0.
- What is the long-term trend for Magnera's gain (loss) on disposal of assets?
- Over 3 years (2021 to 2024), Magnera's gain (loss) on disposal of assets has grown at a 139.8% compound annual growth rate (CAGR), from $1.33M to -$18.37M.
- What does gain (loss) on disposal of assets mean?
- Gains or losses recognized on the disposal of businesses, property, equipment, investments, or other assets at prices above or below their carrying value.
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