ATA Creativity Global (AACG) Asset Writedowns and Impairment (2016 - 2020)

ATA Creativity Global (AACG) posted quarterly Asset Writedowns and Impairment of -$22989.0 for Q4 2020, up 99.22% year-over-year from -$11539.2 in Q1 2020, and up 99.22% quarter-over-quarter from -$3.0 million in Q4 2019.

ATA Creativity Global (AACG) Asset Writedowns and Impairment (2016 - 2020) Analysis & Trends

ATA Creativity Global (AACG) has reported Asset Writedowns and Impairment for 4 consecutive years, with -$22989.0 the latest figure, recorded in Q4 2020.

  • In Q4 2020, Asset Writedowns and Impairment rose 99.22% year-over-year to -$22989.0; the TTM figure through Dec 2020 stood at -$5.2 million (changed 0.45% YoY), while the FY2025 annual figure was $242566.0, changed N/A from the prior year.
  • Asset Writedowns and Impairment improved to -$22989.0 in Q4 2020 per AACG's latest filing, from -$3.0 million in the prior quarter.
  • Across five years, Asset Writedowns and Impairment topped out at $3.3 million in Q3 2016 and bottomed at -$3.0 million in Q4 2019.
  • Historically, Asset Writedowns and Impairment has averaged -$361701.4 across 4 years, with a median of -$145737.4 in 2016.
  • Annual changes were most pronounced in 2017 — Asset Writedowns and Impairment soared 137.61% — and 2020, when it jumped 99.22%.
  • ATA Creativity Global's Asset Writedowns and Impairment stood at $3.3 million in 2016, then tumbled by 170.02% to -$2.3 million in 2017, then retreated by 28.91% to -$3.0 million in 2019, then surged by 99.22% to -$22989.0 in 2020.
  • Business Quant data shows AACG's Asset Writedowns and Impairment at -$22989.0 in Q4 2020, -$3.0 million in Q4 2019, and -$2.3 million in Q4 2017.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 New Oriental Education & Technology 84.71 Bn 82.71 Bn 812.22 Mn
2 51Talk Online Education 7.32 Bn 7.28 Bn 22.97 Mn
3 Laureate Education 5.21 Bn 5.05 Bn 237.67 Mn
4 Graham Holdings 4.98 Bn 3.74 Bn 777.03 Mn
5 Covista 4.66 Bn 4.66 Bn 284.63 Mn
6 Grand Canyon Education 3.78 Bn 3.50 Bn 204.08 Mn
7 Stride 3.50 Bn 2.55 Bn 217.28 Mn
8 McGraw Hill 2.38 Bn 2.13 Bn 388.89 Mn
9 TAL Education 2.28 Bn -401.26 Mn 227.32 Mn
10 ATA Creativity Global 66.89 Mn 54.88 Mn 7.18 Mn

Historic Data

Download Data
DateValue
Dec 31, 2020 -22,989.00
Dec 31, 2020 -22,989.00
Dec 31, 2019 -2.96 Mn
Dec 31, 2019 -2.96 Mn
Dec 31, 2017 -2.30 Mn
Dec 31, 2017 -2.30 Mn
Mar 31, 2017 100,975.00
Mar 31, 2017 100,975.00
Sep 30, 2016 3.28 Mn
Sep 30, 2016 3.28 Mn
Mar 31, 2016 -268,485.75
Mar 31, 2016 -268,485.75