Algonquin Power & Utilities (AGQPF) Asset Writedowns and Impairment (2011 - 2022)

Algonquin Power & Utilities (AGQPF) has reported Asset Writedowns and Impairment for 10 consecutive years, with -$282.7 million the latest figure, recorded in Q4 2022.

• For the quarter ending Q4 2022, Asset Writedowns and Impairment changed N/A year-over-year to -$282.7 million; the trailing twelve-month figure through Dec 2022 stood at -$277.8 million (changed N/A YoY), and the FY2023 full-year result was $23.5 million, down 90.02% from the prior year.
• Asset Writedowns and Impairment retreated to -$282.7 million in Q4 2022 per AGQPF's latest filing, from -$382000.0 in the prior quarter.
• Across five years, Asset Writedowns and Impairment topped out at $3.4 million in Q2 2018 and bottomed at -$282.7 million in Q4 2022.
• Historically, Asset Writedowns and Impairment has averaged -$69.5 million across 3 years, with a median of $759000.0 in 2018.
• The sharpest annual moves came in 2018 and 2019: Asset Writedowns and Impairment soared 192.66% in 2018, then sank 111.24% in 2019.
• Over 3 years, Asset Writedowns and Impairment stood at $1.9 million in 2018, then plunged by 120.11% to -$382000.0 in 2019, then tumbled by 73912.04% to -$282.7 million in 2022.
• According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered -$282.7 million, -$382000.0, and $1.9 million for Q4 2022, Q2 2019, and Q4 2018 respectively.