American Bitcoin (ABTC) Asset Writedowns and Impairment (2018 - 2023)
American Bitcoin's quarterly Asset Writedowns and Impairment came in at -$2.4 million in Q4 2023, down 103.84% year-on-year from $61.5 million in Q4 2022, and down 143.55% quarter-over-quarter from $5.4 million in Q3 2023.
American Bitcoin has reported Asset Writedowns and Impairment for 6 years, with the latest figure at -$2.4 million in Q4 2023.
- For the quarter ending Q4 2023, Asset Writedowns and Impairment fell 103.84% year-over-year to -$2.4 million; the trailing twelve-month figure through Dec 2023 stood at $3.3 million (down 94.66% YoY), and the FY2023 full-year result was $3.1 million, down 95.04% from the prior year.
- Asset Writedowns and Impairment for Q4 2023 stood at -$2.4 million, down from $5.4 million in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $61.5 million in Q4 2022, with the low at -$39.3 million in Q3 2022.
- Average Asset Writedowns and Impairment over 5 years is $3.7 million, with a median of $230769.0 recorded in 2019.
- Year-over-year, Asset Writedowns and Impairment plunged 6454.63% in 2021 and soared 147290.2% in 2022.
- Tracing ABTC's Asset Writedowns and Impairment over 5 years: stood at $341743.0 in 2019, then soared by 1915.26% to $6.9 million in 2020, then plunged by 95.6% to $302861.0 in 2021, then jumped by 20214.46% to $61.5 million in 2022, then plunged by 103.84% to -$2.4 million in 2023.
- The last three Asset Writedowns and Impairment figures came in at -$2.4 million (Q4 2023), $5.4 million (Q3 2023), and $170476.0 (Q2 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - |
| 10 | American Bitcoin | 1.11 Bn | 1.10 Bn | 32.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -2.36 Mn |
| Dec 31, 2023 | -2.36 Mn |
| Sep 30, 2023 | 5.43 Mn |
| Sep 30, 2023 | 5.43 Mn |
| Jun 30, 2023 | 170,476.00 |
| Jun 30, 2023 | 170,476.00 |
| Mar 31, 2023 | 62,524.00 |
| Mar 31, 2023 | 62,524.00 |
| Dec 31, 2022 | 61.52 Mn |
| Dec 31, 2022 | 61.52 Mn |
| Sep 30, 2022 | -39.35 Mn |
| Sep 30, 2022 | -39.35 Mn |
| Jun 30, 2022 | 24.12 Mn |
| Jun 30, 2022 | 24.12 Mn |
| Mar 31, 2022 | 15.48 Mn |
| Mar 31, 2022 | 15.48 Mn |
| Dec 31, 2021 | 302,861.00 |
| Dec 31, 2021 | 302,861.00 |
| Sep 30, 2021 | -791,151.00 |
| Sep 30, 2021 | -791,151.00 |
| Jun 30, 2021 | 1.06 Mn |
| Jun 30, 2021 | 1.06 Mn |
| Mar 31, 2021 | -10,516.00 |
| Mar 31, 2021 | -10,516.00 |
| Dec 31, 2020 | 6.89 Mn |
| Dec 31, 2020 | 6.89 Mn |
| Sep 30, 2020 | 12,450.00 |
| Sep 30, 2020 | 12,450.00 |
| Jun 30, 2020 | 370,154.00 |
| Jun 30, 2020 | 370,154.00 |
| Mar 31, 2020 | 208,729.00 |
| Mar 31, 2020 | 208,729.00 |
| Dec 31, 2019 | 341,743.00 |
| Dec 31, 2019 | 341,743.00 |
| Sep 30, 2019 | 252,809.00 |
| Sep 30, 2019 | 252,809.00 |
| Jun 30, 2019 | 189,826.00 |
| Jun 30, 2019 | 189,826.00 |
| Mar 31, 2019 | 54,669.00 |
| Mar 31, 2019 | 54,669.00 |
| Dec 31, 2018 | 53,573.00 |
| Dec 31, 2018 | 53,573.00 |
| Sep 30, 2018 | 47,873.00 |
| Sep 30, 2018 | 47,873.00 |