Coinbase Global (COIN) Asset Writedowns and Impairment (2020 - 2023)
Coinbase Global (COIN) reported Asset Writedowns and Impairment of $703000.0 for Q4 2023, up 103.18% year-over-year from $346002.3 in Q4 2022, and down 68.66% quarter-over-quarter from $2.2 million in Q3 2023.
Coinbase Global (COIN) Asset Writedowns and Impairment (2020 - 2023) Analysis & Trends
Coinbase Global (COIN) has 4 years of Asset Writedowns and Impairment data on file, last reported at $703000.0 in Q4 2023.
- Asset Writedowns and Impairment for Q4 2023 came in at $703000.0, up 103.18% year-over-year; the trailing twelve-month figure through Dec 2023 was $11.1 million (up 184.74% YoY), and the FY2023 annual result was $11.1 million, up 184.74% from the prior year.
- Asset Writedowns and Impairment eased to $703000.0 in Q4 2023 per COIN's latest filing, from $2.2 million in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at $22.4 million in Q4 2021 and troughed at -$22.1 million in Q4 2022.
- A 4-year average of $1.1 million and a median of $1.7 million in 2022 frame the typical range for Asset Writedowns and Impairment.
- The sharpest annual moves came in 2021 and 2022: Asset Writedowns and Impairment jumped 52000.0% in 2021, then plunged 239.77% in 2022.
- A 4-year view of Asset Writedowns and Impairment shows it stood at -$11.3 million in 2020, then soared by 297.83% to $22.4 million in 2021, then plunged by 198.8% to -$22.1 million in 2022, then jumped by 103.18% to $703000.0 in 2023.
- Business Quant data shows COIN's Asset Writedowns and Impairment at $703000.0 in Q4 2023, $2.2 million in Q3 2023, and $2.6 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | S&P Global | 122.27 Bn | 125.38 Bn | 2.94 Bn |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn |
| 10 | Factset Research Systems | 8.21 Bn | 7.92 Bn | 314.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 703,000.00 |
| Dec 31, 2023 | 703,000.00 |
| Sep 30, 2023 | 2.24 Mn |
| Sep 30, 2023 | 2.24 Mn |
| Jun 30, 2023 | 2.59 Mn |
| Jun 30, 2023 | 2.59 Mn |
| Mar 31, 2023 | 5.53 Mn |
| Mar 31, 2023 | 5.53 Mn |
| Dec 31, 2022 | -22.12 Mn |
| Dec 31, 2022 | -22.12 Mn |
| Sep 30, 2022 | 18.09 Mn |
| Sep 30, 2022 | 18.09 Mn |
| Jun 30, 2022 | -10.20 Mn |
| Jun 30, 2022 | -10.20 Mn |
| Mar 31, 2022 | 1.18 Mn |
| Mar 31, 2022 | 1.18 Mn |
| Dec 31, 2021 | 22.39 Mn |
| Dec 31, 2021 | 22.39 Mn |
| Sep 30, 2021 | -9.80 Mn |
| Sep 30, 2021 | -9.80 Mn |