ArcelorMittal (ARCXF) Asset Writedowns and Impairment (2009 - 2020)
ArcelorMittal (ARCXF) reported Asset Writedowns and Impairment of $331.0 million for Q4 2020, up 139.88% on a YoY basis from $138.0 million in Q1 2020, and up 79.89% quarter-over-quarter from $184.0 million in Q2 2020.
ArcelorMittal (ARCXF) Asset Writedowns and Impairment (2009 - 2020) Analysis & Trends
ArcelorMittal has reported Asset Writedowns and Impairment for 12 years, with the latest figure at $331.0 million in Q4 2020.
- For the quarter ending Q4 2020, Asset Writedowns and Impairment rose 139.88% year-over-year to $331.0 million; the trailing twelve-month figure through Dec 2020 stood at $331.0 million (up 109.4% YoY), and the FY2025 full-year result was $204.0 million, up 75.86% from the prior year.
- Asset Writedowns and Impairment for Q4 2020 stood at $331.0 million, up from $184.0 million in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $1.6 billion in Q4 2018, with the low at -$1.6 billion in Q3 2019.
- Historically, Asset Writedowns and Impairment has averaged -$156.2 million across 5 years, with a median of -$92.0 million in 2020.
- Annual changes were most pronounced in 2018 — Asset Writedowns and Impairment soared 1093.12% — and 2019, when it slumped 650.58%.
- ArcelorMittal's Asset Writedowns and Impairment stood at -$156.0 million in 2016, then dropped by 2.56% to -$160.0 million in 2017, then soared by 1093.12% to $1.6 billion in 2018, then tumbled by 152.23% to -$830.0 million in 2019, then surged by 139.88% to $331.0 million in 2020.
- The last three Asset Writedowns and Impairment figures came in at $331.0 million (Q4 2020), $184.0 million (Q2 2020), and -$92.0 million (Q1 2020), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn |
| 10 | ArcelorMittal | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2020 | 331.00 Mn |
| Dec 31, 2020 | 331.00 Mn |
| Jun 30, 2020 | 184.00 Mn |
| Jun 30, 2020 | 184.00 Mn |
| Mar 31, 2020 | -92.00 Mn |
| Mar 31, 2020 | -92.00 Mn |
| Dec 31, 2019 | -830.00 Mn |
| Dec 31, 2019 | -830.00 Mn |
| Sep 30, 2019 | -1.59 Bn |
| Sep 30, 2019 | -1.59 Bn |
| Jun 30, 2019 | -947.00 Mn |
| Jun 30, 2019 | -947.00 Mn |
| Mar 31, 2019 | -150.00 Mn |
| Mar 31, 2019 | -150.00 Mn |
| Dec 31, 2018 | 1.59 Bn |
| Dec 31, 2018 | 1.59 Bn |
| Sep 30, 2018 | -509.00 Mn |
| Sep 30, 2018 | -509.00 Mn |
| Jun 30, 2018 | 172.00 Mn |
| Jun 30, 2018 | 172.00 Mn |