Clearway Energy (CWEN) Asset Writedowns and Impairment (2016 - 2020)
Clearway Energy posted quarterly Asset Writedowns and Impairment of $32.0 million for Q4 2020, up 128.57% year-on-year from $14.0 million in Q1 2020, and up 128.57% on a QoQ basis from $14.0 million in Q4 2019.
Clearway Energy (CWEN) has 4 years of Asset Writedowns and Impairment data on file, last reported at $32.0 million in Q4 2020.
- For the quarter ending Q4 2020, Asset Writedowns and Impairment rose 128.57% year-over-year to $32.0 million; the trailing twelve-month figure through Dec 2020 stood at $46.0 million (up 39.39% YoY), and the FY2023 full-year result was $12.0 million, down 25.0% from the prior year.
- Asset Writedowns and Impairment for Q4 2020 stood at $32.0 million, up from $14.0 million in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $32.0 million in Q4 2020 and bottomed at $5.0 million in Q4 2017.
- The 4-year median for Asset Writedowns and Impairment is $13.5 million (2017), against an average of $14.8 million.
- The widest annual swing landed in 2017, when Asset Writedowns and Impairment slipped 16.67%; it then surged 128.57% in 2020.
- A 4-year view of Asset Writedowns and Impairment shows it stood at $6.0 million in 2016, then retreated by 16.67% to $5.0 million in 2017, then surged by 180.0% to $14.0 million in 2019, then jumped by 128.57% to $32.0 million in 2020.
- The last three Asset Writedowns and Impairment figures came in at $32.0 million (Q4 2020), $14.0 million (Q4 2019), and $19.0 million (Q2 2019), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | AXIA Energia | 193.97 Bn | 191.26 Bn | 1.44 Bn |
| 2 | Enlight Renewable Energy | 13.10 Bn | 12.57 Bn | 85.64 Mn |
| 3 | Ormat Technologies | 8.30 Bn | 8.16 Bn | 78.83 Mn |
| 4 | Fluence Energy | 3.60 Bn | 3.28 Bn | 46.63 Mn |
| 5 | Clearway Energy | 1.42 Bn | 4.77 Bn | 220.00 Mn |
| 6 | XPLR Infrastructure | 1.16 Bn | 8.69 Bn | 141.00 Mn |
| 7 | Energy Vault Holdings | 916.05 Mn | 870.62 Mn | 4.79 Mn |
| 8 | Ellomay Capital | 782.29 Mn | 671.00 Mn | 1.49 Mn |
| 9 | ReNew Energy Global | 342.92 Mn | 58.95 Mn | 269.00 Mn |
| 10 | Nextnrg | 90.54 Mn | 87.86 Mn | 1.71 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2020 | 32.00 Mn |
| Dec 31, 2020 | 32.00 Mn |
| Dec 31, 2019 | 14.00 Mn |
| Dec 31, 2019 | 14.00 Mn |
| Jun 30, 2019 | 19.00 Mn |
| Jun 30, 2019 | 19.00 Mn |
| Dec 31, 2017 | 5.00 Mn |
| Dec 31, 2017 | 5.00 Mn |
| Sep 30, 2017 | 13.00 Mn |
| Sep 30, 2017 | 13.00 Mn |
| Dec 31, 2016 | 6.00 Mn |
| Dec 31, 2016 | 6.00 Mn |