Noncash charge

Noncash charge

A cost, such as depreciation, depletion, and amortization, that does not involve any cash outflow. That is, this is treated as an accounting expense -- not a real expense that demands cash.

Non-Cash Charge

Any charge to a company that does not result in a cash outlay. Examples of non-cash charges include depreciation and amortization. For example, depreciation reduces the value of an asset but does not require a reduction in the cash on hand. A non-cash charge reduces a company's earnings.
References in periodicals archive ?
13, which included Metals & Minerals Separation costs; a charge associated with an underperforming site that was idled and is in process of being exited; and a noncash charge related to the Company's Brand Energy investment.
These gains were reduced by a onetime, noncash charge of $38.
3m noncash charge associated with the redemption of preferred shares issued to the US Treasury offset by increases in gains on sale of securities and in commissions from wealth management.
The price of the deal was not disclosed, but the French group said it would take a mostly noncash charge of EUR 220 M.
Earnings for the most recent quarter included a onetime, noncash charge of about $300,000, after-tax, associated with a move to a new revolving credit agreement.
The company estimated a pretax noncash charge of at least $790 million in the third quarter for the impairment of goodwill and other assets within its European retail and catalog businesses.
kicked off the fall financial reporting season yesterday with its announcement that it earned a net profit of $15 million in the third quarter, a reversal from a $153 million loss in the year-ago quarter but a figure reduced substantially by a $99 million noncash charge that reduced the book value of specific outstanding fuel hedge contracts.
LP will record a noncash charge of about US$ 17 million to write-off the now-expired Canadian forest timber licenses acquired in connection with L-P's purchase of Le Groupe Forex in 1999.
Some would argue the deal has another positive for Lee: Under new accounting rules, acquirers do not have to write down goodwill -- the amount paid for the intangible assets of a business -- as a noncash charge against reported earnings.
Gross profit decreased $27 million, or 16 percent, in 2000 following the sales decrease and due to a one-time noncash charge of $2.
The board has formed a special committee to investigate Aurora's accounting practices that it expects will result in a noncash charge to 1999 earnings.
As a result of the Opale Marine - 1 well outcome, Murphy will also take a noncash charge of $29 million in the quarter to write off the Titane Marine - 1 well which was drilled in October 2010 and had been suspended pending results of additional exploratory drilling on the block.