American Bitcoin (ABTC) Asset Writedowns and Impairment (2018 - 2023)

American Bitcoin's Asset Writedowns and Impairment history runs 6 years deep, the most recent figure standing at -$2.4 million for Q4 2023.

• In Q4 2023, Asset Writedowns and Impairment fell 103.84% year-over-year to -$2.4 million; the TTM figure through Dec 2023 stood at $3.3 million (down 94.66% YoY), while the FY2023 annual figure was $3.1 million, down 95.04% from the prior year.
• Asset Writedowns and Impairment was -$2.4 million for Q4 2023 at American Bitcoin, down from $5.4 million in the prior quarter.
• In the past five years, Asset Writedowns and Impairment ranged from a high of $61.5 million in Q4 2022 to a low of -$39.3 million in Q3 2022.
• Historically, Asset Writedowns and Impairment has averaged $3.7 million across 5 years, with a median of $230769.0 in 2019.
• The sharpest annual moves came in 2021 and 2022: Asset Writedowns and Impairment plunged 6454.63% in 2021, then jumped 147290.2% in 2022.
• A 5-year view of Asset Writedowns and Impairment shows it stood at $341743.0 in 2019, then surged by 1915.26% to $6.9 million in 2020, then sank by 95.6% to $302861.0 in 2021, then soared by 20214.46% to $61.5 million in 2022, then sank 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.