Corporacion America Airports (CAAP) Asset Writedowns and Impairment (2016 - 2024)
Corporacion America Airports (CAAP) posted quarterly Asset Writedowns and Impairment of $949.0 million for Q2 2024, down 41.02% year-over-year from $1.6 billion in Q3 2023, and up 43.14% quarter-over-quarter from $663.0 million in Q1 2024.
Corporacion America Airports (CAAP) Asset Writedowns and Impairment (2016 - 2024) Analysis & Trends
Corporacion America Airports (CAAP) has reported Asset Writedowns and Impairment for 8 consecutive years, with $949.0 million the latest figure, recorded in Q2 2024.
- In Q2 2024, Asset Writedowns and Impairment fell 41.02% year-over-year to $949.0 million; the TTM figure through Jun 2024 stood at $3.1 billion (up 168.52% YoY), while the FY2025 annual figure was $335000.0, changed N/A from the prior year.
- Asset Writedowns and Impairment rose to $949.0 million in Q2 2024 per CAAP's latest filing, from $663.0 million in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $1.6 billion in Q2 2023 and bottomed at -$4.0 billion in Q4 2022.
- Historically, Asset Writedowns and Impairment has averaged -$109.0 million across 4 years, with a median of $357.0 million in 2022.
- Annual changes were most pronounced in 2020 — Asset Writedowns and Impairment sank 94.87% — and 2023, when it soared 470.0%.
- Corporacion America Airports' Asset Writedowns and Impairment stood at -$76.8 million in 2020, then slumped by 5124.42% to -$4.0 billion in 2022, then soared by 121.75% to $872.0 million in 2023, then grew by 8.83% to $949.0 million in 2024.
- Business Quant data shows CAAP's Asset Writedowns and Impairment at $949.0 million in Q2 2024, $663.0 million in Q1 2024, and $872.0 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Southeast Airport | 7.87 Bn | 7.22 Bn | - |
| 2 | Joby Aviation | 7.33 Bn | 7.33 Bn | 10.34 Mn |
| 3 | Central North Airport | 4.97 Bn | 4.80 Bn | - |
| 4 | Corporacion America Airports | 3.82 Bn | 3.06 Bn | 198.55 Mn |
| 5 | AerSale | 263.03 Mn | 252.97 Mn | - |
| 6 | Icts International N V | 224.60 Mn | 284.43 Mn | - |
| 7 | Wheels Up Experience | 174.90 Mn | 40.97 Mn | - |
| 8 | Saker Aviation Services | 5.71 Mn | -2.30 Mn | -11,875.00 |
| 9 | Volato | 2.33 Mn | 48,465.44 | 703,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 949.00 Mn |
| Jun 30, 2024 | 949.00 Mn |
| Mar 31, 2024 | 663.00 Mn |
| Mar 31, 2024 | 663.00 Mn |
| Dec 31, 2023 | 872.00 Mn |
| Dec 31, 2023 | 872.00 Mn |
| Sep 30, 2023 | 594.00 Mn |
| Sep 30, 2023 | 594.00 Mn |
| Jun 30, 2023 | 1.61 Bn |
| Jun 30, 2023 | 1.61 Bn |
| Mar 31, 2023 | 684.00 Mn |
| Mar 31, 2023 | 684.00 Mn |
| Dec 31, 2022 | -4.01 Bn |
| Dec 31, 2022 | -4.01 Bn |
| Sep 30, 2022 | -2.78 Bn |
| Sep 30, 2022 | -2.78 Bn |
| Mar 31, 2022 | 120.00 Mn |
| Mar 31, 2022 | 120.00 Mn |
| Dec 31, 2020 | -76.76 Mn |
| Dec 31, 2020 | -76.76 Mn |