Chevron (CVX) Asset Writedowns and Impairment (2009 - 2019)
Chevron's (CVX) quarterly Asset Writedowns and Impairment came in at $14.0 million in Q3 2019, down 97.14% YoY from $490.0 million in Q3 2018, and down 62.16% on a QoQ basis from $37.0 million in Q2 2019.
Chevron (CVX) Asset Writedowns and Impairment (2009 - 2019) Analysis & Trends
Chevron (CVX) has 11 years of Asset Writedowns and Impairment data on file, last reported at $14.0 million in Q3 2019.
- Quarterly Asset Writedowns and Impairment fell 97.14% year-over-year to $14.0 million in Q3 2019, while the trailing twelve-month figure through Sep 2019 was $228.0 million (down 65.14% YoY) and the FY2018 annual result came in at $687.0 million, up 246.97% from the prior year.
- Asset Writedowns and Impairment retreated to $14.0 million in Q3 2019, from $37.0 million in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $1.0 billion in Q4 2015 to a low of $7.0 million in Q1 2017.
- A 5-year average of $201.1 million and a median of $86.0 million in 2019 frame the typical range for Asset Writedowns and Impairment.
- Annual changes were most pronounced in 2016 — Asset Writedowns and Impairment plunged 98.37% — and 2018, when it jumped 542.86%.
- Tracing CVX's Asset Writedowns and Impairment over 5 years: stood at $1.0 billion in 2015, then sank by 98.37% to $17.0 million in 2016, then soared by 241.18% to $58.0 million in 2017, then soared by 56.9% to $91.0 million in 2018, then slumped by 84.62% to $14.0 million in 2019.
- The last three Asset Writedowns and Impairment figures came in at $14.0 million (Q3 2019), $37.0 million (Q2 2019), and $86.0 million (Q1 2019), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,308.33 Bn | -5,263.99 Bn | 11.34 Bn |
| 2 | ExxonMobil Holdings | 651.52 Bn | 649.70 Bn | - |
| 3 | Chevron | 382.50 Bn | 382.83 Bn | 20.34 Bn |
| 4 | Eni Spa | 205.81 Bn | 195.97 Bn | - |
| 5 | Shell | 102.19 Bn | 62.32 Bn | 30.13 Bn |
| 6 | Equinor Asa | 98.30 Bn | 89.04 Bn | - |
| 7 | Suncor Energy | 78.77 Bn | 76.39 Bn | 6.68 Bn |
| 8 | Imperial Oil | 61.22 Bn | 60.47 Bn | - |
| 9 | TotalEnergies SE | 25.61 Bn | -6.11 Bn | 18.79 Bn |
| 10 | Ypf Sociedad Anonima | 20.09 Bn | 18.40 Bn | 1.76 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2019 | 14.00 Mn |
| Sep 30, 2019 | 14.00 Mn |
| Jun 30, 2019 | 37.00 Mn |
| Jun 30, 2019 | 37.00 Mn |
| Mar 31, 2019 | 86.00 Mn |
| Mar 31, 2019 | 86.00 Mn |
| Dec 31, 2018 | 91.00 Mn |
| Dec 31, 2018 | 91.00 Mn |
| Sep 30, 2018 | 490.00 Mn |
| Sep 30, 2018 | 490.00 Mn |
| Jun 30, 2018 | 61.00 Mn |
| Jun 30, 2018 | 61.00 Mn |
| Mar 31, 2018 | 45.00 Mn |
| Mar 31, 2018 | 45.00 Mn |
| Dec 31, 2017 | 58.00 Mn |
| Dec 31, 2017 | 58.00 Mn |
| Sep 30, 2017 | 121.00 Mn |
| Sep 30, 2017 | 121.00 Mn |
| Jun 30, 2017 | 12.00 Mn |
| Jun 30, 2017 | 12.00 Mn |