Discontinued — last reported Q3 '23
Nucor Rebar Fabrication — Finite Lived Intangible Assets Net decreased by 9.0% to $31.30M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 17.8%, from $38.10M to $31.30M.
A steady decline is expected due to amortization, but a sharp drop may indicate an impairment event, while an increase suggests recent investment in or acquisition of intangible assets.
This metric captures the net book value of identifiable non-physical assets associated with the Rebar Fabrication segmen...
Standard across manufacturing firms; peers with higher ratios of intangible assets to total assets often rely more heavily on brand or customer loyalty than physical infrastructure.
nue_segment_rebar_fabrication_finite_lived_intangible_assets_net| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $55.20M | $52.20M | $45.00M | $43.50M | $40.90M | $38.10M | $36.30M | $34.40M | $31.30M |
| QoQ Change | — | -5.4% | -13.8% | -3.3% | -6.0% | -6.8% | -4.7% | -5.2% | -9.0% |
| YoY Change | — | — | — | — | -25.9% | -27.0% | -19.3% | -20.9% | -17.8% |