Growth Metrics

Block (BSQKZ) Asset Writedowns and Impairment (2021 - 2023)

Block recorded quarterly Asset Writedowns and Impairment of $132.3 million in Q4 2023, up 452.08% quarter-over-quarter from -$37.6 million in Q4 2022, and up 452.08% year-over-year from $24.0 million in Q4 2022.

Block's Asset Writedowns and Impairment history runs 3 years deep, the most recent figure standing at $132.3 million for Q4 2023.

  • In Q4 2023, Asset Writedowns and Impairment rose 452.08% year-over-year to $132.3 million; the TTM figure through Dec 2023 stood at $94.7 million (changed N/A YoY), while the FY2024 annual figure 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.
  • A 3-year average of $29.1 million and a median of $19.9 million in 2021 frame the typical range for Asset Writedowns and Impairment.
  • Across the five-year window, Asset Writedowns and Impairment slumped 73.02% in 2022 and surged 452.08% in 2023, its largest moves.
  • Block's Asset Writedowns and Impairment stood at $6.0 million in 2021, then slumped by 726.33% to -$37.6 million in 2022, then soared by 452.08% to $132.3 million in 2023.
  • According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $132.3 million, -$37.6 million, and $1.6 million for Q4 2023, Q4 2022, and Q3 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 3,425.08 Bn 3,346.81 Bn 56.06 Bn
2 Oracle 712.03 Bn 673.46 Bn 15.14 Bn
3 Palantir Technologies 384.58 Bn 376.66 Bn 1.42 Bn
4 Palo Alto Networks 208.80 Bn 204.26 Bn 1.91 Bn
5 CrowdStrike Holdings 195.63 Bn 192.58 Bn 993.68 Mn
6 Fortinet 108.69 Bn 105.40 Bn 1.49 Bn
7 Cloudflare 95.27 Bn 94.32 Bn 455.60 Mn
8 Synopsys 93.41 Bn 93.30 Bn 1.77 Bn
9 CoreWeave 65.84 Bn 63.57 Bn 2.01 Bn
10 Block - - 2.91 Bn

Historic Data

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DateValue
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