Block (BSQKZ) Asset Writedowns and Impairment (2021 - 2023)
Block's (BSQKZ) quarterly Asset Writedowns and Impairment came in at $132.3 million in Q4 2023, up 452.08% year-on-year from $24.0 million in Q4 2022, and up 452.08% quarter-over-quarter from -$37.6 million in Q4 2022.
Block (BSQKZ) Asset Writedowns and Impairment (2021 - 2023) Analysis & Trends
Block has disclosed Asset Writedowns and Impairment across 3 years of filings, most recently posting $132.3 million for Q4 2023.
- Asset Writedowns and Impairment for Q4 2023 came in at $132.3 million, up 452.08% year-over-year; the trailing twelve-month figure through Dec 2023 was $94.7 million (changed N/A YoY), and the FY2024 annual result was $133.9 million, up 1.16% from the prior year.
- Asset Writedowns and Impairment came in at $132.3 million for Q4 2023 at Block, up from -$37.6 million in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $132.3 million in Q4 2023 to a low of -$37.6 million in Q4 2022.
- The 3-year median for Asset Writedowns and Impairment is $19.9 million (2021), against an average of $29.1 million.
- Across the five-year window, Asset Writedowns and Impairment tumbled 73.02% in 2022 and jumped 452.08% in 2023, its largest moves.
- Block's Asset Writedowns and Impairment stood at $6.0 million in 2021, then tumbled by 726.33% to -$37.6 million in 2022, then surged by 452.08% to $132.3 million in 2023.
- The last three Asset Writedowns and Impairment figures came in at $132.3 million (Q4 2023), -$37.6 million (Q4 2022), and $1.6 million (Q3 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 2,819.83 Bn | 2,741.56 Bn | 56.06 Bn |
| 2 | Alarum Technologies | 1,056.91 Bn | 1,042.76 Bn | 7.23 Mn |
| 3 | Oracle | 530.68 Bn | 492.11 Bn | 15.14 Bn |
| 4 | Palantir Technologies | 306.85 Bn | 298.93 Bn | 1.42 Bn |
| 5 | Palo Alto Networks | 199.03 Bn | 194.49 Bn | 1.91 Bn |
| 6 | CrowdStrike Holdings | 170.56 Bn | 167.51 Bn | 993.68 Mn |
| 7 | Fortinet | 106.91 Bn | 103.62 Bn | 1.49 Bn |
| 8 | Synopsys | 86.43 Bn | 86.31 Bn | 1.77 Bn |
| 9 | Cloudflare | 79.42 Bn | 78.48 Bn | 455.60 Mn |
| 10 | Block | - | - | 2.91 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 132.31 Mn |
| Dec 31, 2023 | 132.31 Mn |
| Dec 31, 2022 | -37.58 Mn |
| Dec 31, 2022 | -37.58 Mn |
| Sep 30, 2022 | 1.62 Mn |
| Sep 30, 2022 | 1.62 Mn |
| Jun 30, 2022 | 35.96 Mn |
| Jun 30, 2022 | 35.96 Mn |
| Sep 30, 2021 | 6.00 Mn |
| Sep 30, 2021 | 6.00 Mn |
| Jun 30, 2021 | 45.27 Mn |
| Jun 30, 2021 | 45.27 Mn |
| Mar 31, 2021 | 19.86 Mn |
| Mar 31, 2021 | 19.86 Mn |