Discontinued — last reported Q2 '24
Sleep and Respiratory Care — Amortization expense
ResMed Sleep and Respiratory Care — Amortization expense increased by 15.8% to $1.22M in Q2 2024 compared to the prior quarter. Year-over-year, this metric declined by 12.9%, from $1.40M to $1.22M. Over 3 years (FY 2021 to FY 2024), Sleep and Respiratory Care — Amortization expense shows an upward trend with a 4.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
High levels may indicate significant recent acquisitions of intellectual property or technology portfolios.
Detailed definition
The periodic expense recognized for the reduction in value of intangible assets, such as patents and acquired technology...
Peer comparison
Common for companies with significant R&D or M&A activity; peers report this as part of 'Amortization of Intangibles'.
rmd_segment_sleep_and_respiratory_care_amortization_expenseHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $900.00K | $900.00K | $1.07M | $1.07M | $1.06M | $1.23M | $1.34M | $1.37M | $1.40M | $1.92M | $1.32M | $1.05M | $1.22M |
| QoQ Change | — | +0.0% | +19.1% | -0.1% | -0.8% | +15.6% | +9.4% | +1.8% | +2.6% | +36.7% | -30.9% | -20.4% | +15.8% |
| YoY Change | — | — | — | — | +18.0% | +36.4% | +25.3% | +27.6% | +32.0% | +56.0% | -1.4% | -22.9% | -12.9% |
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Frequently Asked Questions
- What is ResMed's sleep and respiratory care — amortization expense?
- ResMed (RMD) reported sleep and respiratory care — amortization expense of $1.22M in Q2 2024.
- How has ResMed's sleep and respiratory care — amortization expense changed year-over-year?
- ResMed's sleep and respiratory care — amortization expense decreased by 12.9% year-over-year, from $1.40M to $1.22M.
- What is the long-term trend for ResMed's sleep and respiratory care — amortization expense?
- Over 3 years (2021 to 2024), ResMed's sleep and respiratory care — amortization expense has grown at a 4.1% compound annual growth rate (CAGR), from $4.90M to $5.52M.
- What does sleep and respiratory care — amortization expense mean?
- The non-cash cost of expensing intangible assets like patents over their useful life.