Amortization Expense
Amortization expense refers to the gradual writing-down of the value of an intangible asset over a period of time. It is a non-cash expense that represents the decrease in the value of an intangible asset due to its age, wear and tear and obsolescence. Intangible assets include patents, trademarks, copyrights, and goodwill. The amortization expense is calculated by dividing the value of the intangible asset by its useful life, and then spreading that cost evenly over the asset's useful life. The amortization expense is listed on a balance sheet as a deduction from the value of the related intangible asset.
Additional Details
| Metric Name |
Type |
Default Period Type |
| amortization_expense |
|
FY |
| Data Format |
Display Format |
Unit |
| float |
financial |
usd |