KPIs & Operating Metrics(New)
Growth Metrics

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% on a QoQ basis from $120.0 million in Q4 2022.

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

  • Quarterly Asset Writedowns and Impairment fell 82.67% year-over-year to $13.0 million in Q1 2023, while the trailing twelve-month figure through Mar 2023 was $434.0 million (up 675.0% YoY) and the FY2023 annual result came in at $392.0 million, down 20.97% from the prior year.
  • Asset Writedowns and Impairment slipped to $13.0 million in Q1 2023 per ALK's latest filing, from $120.0 million in the prior quarter.
  • Across five years, Asset Writedowns and Impairment topped out at $277.0 million in Q4 2020 and bottomed at -$9.0 million in Q3 2021.
  • The 4-year median for Asset Writedowns and Impairment is $75.0 million (2022), against an average of $87.3 million.
  • The widest annual swing landed in 2021, when Asset Writedowns and Impairment plunged 107.44%; it then surged 3750.0% in 2022.
  • Tracing ALK's Asset Writedowns and Impairment over 4 years: stood at $277.0 million in 2020, then slumped by 102.17% to -$6.0 million in 2021, then soared by 2100.0% to $120.0 million in 2022, then tumbled by 89.17% to $13.0 million in 2023.
  • Per Business Quant, the three latest ALK Asset Writedowns and Impairment figures stand at $13.0 million (Q1 2023), $120.0 million (Q4 2022), and $155.0 million (Q3 2022).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Delta Air Lines 53.78 Bn 48.72 Bn 15.19 Bn
2 Southwest Airlines 21.39 Bn 18.06 Bn 6.21 Bn
3 Grupo Aeromexico, S.A.B. de C.V 18.50 Bn 17.47 Bn -239.00 Mn
4 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 8.98 Bn 8.98 Bn -
5 Alaska Air 5.26 Bn 3.49 Bn 3.20 Bn
6 Skywest 3.43 Bn 2.80 Bn 924.11 Mn
7 Copa Holdings 3.33 Bn 1.99 Bn 713.71 Mn
8 Jetblue Airways 2.03 Bn -140.72 Mn 1.87 Bn
9 Allegiant Travel 1.67 Bn 765.78 Mn 651.87 Mn
10 Frontier Group Holdings 1.39 Bn 618.26 Mn 724.00 Mn

Historic Data

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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
Sep 30, 2020 121.00 Mn
Sep 30, 2020 121.00 Mn
Jun 30, 2020 69.00 Mn
Jun 30, 2020 69.00 Mn
Mar 31, 2020 160.00 Mn
Mar 31, 2020 160.00 Mn