Alaska Air (ALK) Asset Writedowns and Impairment (2020 - 2023)

Alaska Air (ALK) reported Asset Writedowns and Impairment of $13.0 million for Q1 2023, down 82.67% year-over-year from $75.0 million in Q1 2022, and down 89.17% quarter-over-quarter from $120.0 million in Q4 2022.

Alaska Air (ALK) Asset Writedowns and Impairment (2020 - 2023) Analysis & Trends

Alaska Air (ALK) has 4 years of Asset Writedowns and Impairment data on file, last reported at $13.0 million in Q1 2023.

  • Asset Writedowns and Impairment for Q1 2023 came in at $13.0 million, down 82.67% year-over-year; the trailing twelve-month figure through Mar 2023 was $434.0 million (up 675.0% YoY), and the FY2023 annual result was $392.0 million, down 20.97% from the prior year.
  • Asset Writedowns and Impairment retreated to $13.0 million in Q1 2023 per ALK's latest filing, from $120.0 million in the prior quarter.
  • Over five years, Asset Writedowns and Impairment peaked at $277.0 million in Q4 2020 and troughed at -$9.0 million in Q3 2021.
  • A 4-year average of $87.3 million and a median of $75.0 million in 2022 frame the typical range for Asset Writedowns and Impairment.
  • The sharpest annual moves came in 2021 and 2022: Asset Writedowns and Impairment slumped 107.44% in 2021, then jumped 3750.0% in 2022.
  • A 4-year view of Asset Writedowns and Impairment shows it stood at $277.0 million in 2020, then plunged by 102.17% to -$6.0 million in 2021, then surged by 2100.0% to $120.0 million in 2022, then sank by 89.17% to $13.0 million in 2023.
  • Business Quant data shows ALK's Asset Writedowns and Impairment at $13.0 million in Q1 2023, $120.0 million in Q4 2022, and $155.0 million in Q3 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Ryanair Holdings 453.97 Bn 448.50 Bn 1.55 Bn
2 Delta Air Lines 54.89 Bn 49.84 Bn 15.19 Bn
3 Grupo Aeromexico, S.A.B. de C.V 47.52 Bn 46.49 Bn -239.00 Mn
4 Southwest Airlines 23.88 Bn 20.55 Bn 6.21 Bn
5 Copa Holdings 6.22 Bn 4.88 Bn 713.71 Mn
6 Alaska Air 5.64 Bn 3.87 Bn 3.20 Bn
7 Skywest 3.71 Bn 3.08 Bn 924.11 Mn
8 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 2.23 Bn 2.23 Bn -
9 Jetblue Airways 2.11 Bn -62.86 Mn 1.87 Bn
10 Allegiant Travel 1.82 Bn 921.81 Mn 651.87 Mn

Historic Data

Download Data
DateValue
Mar 31, 2023 13.00 Mn
Mar 31, 2023 13.00 Mn
Dec 31, 2022 120.00 Mn
Dec 31, 2022 120.00 Mn
Sep 30, 2022 155.00 Mn
Sep 30, 2022 155.00 Mn
Jun 30, 2022 146.00 Mn
Jun 30, 2022 146.00 Mn
Mar 31, 2022 75.00 Mn
Mar 31, 2022 75.00 Mn
Dec 31, 2021 -6.00 Mn
Dec 31, 2021 -6.00 Mn
Sep 30, 2021 -9.00 Mn
Sep 30, 2021 -9.00 Mn
Jun 30, 2021 -4.00 Mn
Jun 30, 2021 -4.00 Mn
Mar 31, 2021 18.00 Mn
Mar 31, 2021 18.00 Mn
Dec 31, 2020 277.00 Mn
Dec 31, 2020 277.00 Mn