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
DateValue
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