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| Date | Value |
|---|---|
| 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 |