Coinbase Global (COIN) Asset Writedowns and Impairment (2020 - 2024)
Coinbase Global's (COIN) quarterly Asset Writedowns and Impairment came in at $18.7 million in Q4 2024, down 4.66% year-on-year from $19.6 million in Q1 2024, and down 4.66% on a QoQ basis from $19.6 million in Q4 2023.
Coinbase Global (COIN) Asset Writedowns and Impairment (2020 - 2024) Analysis & Trends
Coinbase Global (COIN) has 5 years of Asset Writedowns and Impairment data on file, last reported at $18.7 million in Q4 2024.
- On a quarterly basis, Asset Writedowns and Impairment fell 4.66% year-over-year to $18.7 million in Q4 2024; TTM through Dec 2024 was $18.7 million, a 80.67% decrease from a year earlier, with the FY2024 full-year figure at $18.7 million, down 80.66% from the prior year.
- Asset Writedowns and Impairment for Q4 2024 stood at $18.7 million, down from $19.6 million in the prior quarter.
- Over the last five years, Asset Writedowns and Impairment for COIN reached as high as $435.2 million in Q2 2022 and fell as low as -$587.6 million in Q4 2022.
- Historically, Asset Writedowns and Impairment has averaged $27.2 million across 5 years, with a median of $19.6 million in 2023.
- Across the five-year window, Asset Writedowns and Impairment surged 1248471.43% in 2021 and slumped 117626.4% in 2022, its largest moves.
- Year by year, Asset Writedowns and Impairment stood at $10.8 million in 2020, then tumbled by 95.37% to $500000.0 in 2021, then slumped by 117626.4% to -$587.6 million in 2022, then jumped by 103.34% to $19.6 million in 2023, then declined by 4.66% to $18.7 million in 2024.
- Per Business Quant data, the three most recent Asset Writedowns and Impairment figures were $18.7 million in Q4 2024, $19.6 million in Q4 2023, and $22.9 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bit Origin | 1,110.84 Bn | 1,110.84 Bn | - |
| 2 | S&P Global | 130.72 Bn | 128.91 Bn | 2.94 Bn |
| 3 | Cme | 92.16 Bn | 92.16 Bn | 1.65 Bn |
| 4 | Moodys | 84.72 Bn | 83.22 Bn | 1.67 Bn |
| 5 | Intercontinental Exchange | 84.12 Bn | 82.38 Bn | - |
| 6 | Nasdaq | 53.10 Bn | 52.38 Bn | 1.50 Bn |
| 7 | Coinbase Global | 44.25 Bn | 33.81 Bn | 1.33 Bn |
| 8 | Msci | 41.65 Bn | 41.29 Bn | 717.10 Mn |
| 9 | Cboe Global Markets | 30.13 Bn | 27.96 Bn | 728.90 Mn |
| 10 | TransUnion | 14.77 Bn | 14.04 Bn | 726.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 18.72 Mn |
| Dec 31, 2024 | 18.72 Mn |
| Dec 31, 2023 | 19.63 Mn |
| Dec 31, 2023 | 19.63 Mn |
| Sep 30, 2023 | 22.87 Mn |
| Sep 30, 2023 | 22.87 Mn |
| Jun 30, 2023 | 25.40 Mn |
| Jun 30, 2023 | 25.40 Mn |
| Mar 31, 2023 | 28.94 Mn |
| Mar 31, 2023 | 28.94 Mn |
| Dec 31, 2022 | -587.63 Mn |
| Dec 31, 2022 | -587.63 Mn |
| Sep 30, 2022 | 25.92 Mn |
| Sep 30, 2022 | 25.92 Mn |
| Jun 30, 2022 | 435.20 Mn |
| Jun 30, 2022 | 435.20 Mn |
| Mar 31, 2022 | 227.95 Mn |
| Mar 31, 2022 | 227.95 Mn |
| Dec 31, 2021 | 500,000.00 |
| Dec 31, 2021 | 500,000.00 |