Block, Inc. (BSQKZ) Asset Writedowns and Impairment (2021 - 2023)

Block (BSQKZ) posted Asset Writedowns and Impairment of $132.3 million for Q4 2023, up 452.08% sequentially from -$37.6 million in Q4 2022, and up 452.08% YoY from $24.0 million in Q4 2022.

Block, Inc. (BSQKZ) Asset Writedowns and Impairment (2021 - 2023) Analysis & Trends

Block has reported Asset Writedowns and Impairment for 3 years, with the latest figure at $132.3 million in Q4 2023.

  • Quarterly Asset Writedowns and Impairment rose 452.08% year-over-year to $132.3 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $94.7 million (changed N/A YoY) and the FY2024 annual result came in at $133.9 million, up 1.16% from the prior year.
  • Asset Writedowns and Impairment improved to $132.3 million in Q4 2023 per BSQKZ's latest filing, from -$37.6 million in the prior quarter.
  • Over five years, Asset Writedowns and Impairment peaked at $132.3 million in Q4 2023 and troughed at -$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.
  • The sharpest annual moves came in 2022 and 2023: Asset Writedowns and Impairment tumbled 73.02% in 2022, then soared 452.08% in 2023.
  • Over 3 years, Asset Writedowns and Impairment stood at $6.0 million in 2021, then tumbled by 726.33% to -$37.6 million in 2022, then jumped 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

Historic Data

Download Data
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