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| Date | Value |
|---|---|
| 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 |