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

American Bitcoin has reported Asset Writedowns and Impairment for 6 years, with the latest figure at -$2.4 million in Q4 2023.

• On a quarterly basis, Asset Writedowns and Impairment fell 110.66% year-over-year to -$2.4 million in Q4 2023; TTM through Dec 2023 was $3.3 million, a 94.66% decrease from a year earlier, with the FY2023 full-year figure at $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.
• The five-year high for Asset Writedowns and Impairment was $24.1 million in Q2 2022, with the low at -$2.4 million in Q4 2023.
• Average Asset Writedowns and Impairment over 5 years is $4.6 million, with a median of $341743.0 recorded in 2019.
• The sharpest annual moves came in 2022 and 2023: Asset Writedowns and Impairment surged 147290.2% in 2022, then sank 110.66% in 2023.
• Over 5 years, Asset Writedowns and Impairment stood at $341743.0 in 2019, then soared by 1915.26% to $6.9 million in 2020, then soared by 93.67% to $13.3 million in 2021, then soared by 66.28% to $22.2 million in 2022, then tumbled by 110.66% 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.