Clearway Energy (CWEN) Asset Writedowns and Impairment (2016 - 2020)
Clearway Energy's (CWEN) quarterly Asset Writedowns and Impairment came in at $32.0 million in Q4 2020, up 128.57% YoY 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) Asset Writedowns and Impairment (2016 - 2020) Analysis & Trends
Clearway Energy (CWEN) has 4 years of Asset Writedowns and Impairment data on file, last reported at $32.0 million in Q4 2020.
- Quarterly Asset Writedowns and Impairment rose 128.57% year-over-year to $32.0 million in Q4 2020, while the trailing twelve-month figure through Dec 2020 was $46.0 million (up 39.39% YoY) and the FY2023 annual result came in at $12.0 million, down 25.0% from the prior year.
- Asset Writedowns and Impairment grew to $32.0 million in Q4 2020, from $14.0 million in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $32.0 million in Q4 2020 to a low of $6.0 million in Q4 2016.
- A 4-year average of $17.5 million and a median of $16.5 million in 2019 frame the typical range for Asset Writedowns and Impairment.
- Annual changes were most pronounced in 2017 — Asset Writedowns and Impairment jumped 333.33% — and 2020, when it surged 128.57%.
- Tracing CWEN's Asset Writedowns and Impairment over 4 years: stood at $6.0 million in 2016, then jumped by 333.33% to $26.0 million in 2017, then plunged by 46.15% to $14.0 million in 2019, then soared 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 11.87 Bn | 10.70 Bn | 117.49 Mn |
| 2 | Ormat Technologies | 6.94 Bn | 6.29 Bn | 68.70 Mn |
| 3 | Brookfield Renewable Partners | 4.63 Bn | 2.13 Bn | 623.00 Mn |
| 4 | Clearway Energy | 3.77 Bn | 3.43 Bn | 332.00 Mn |
| 5 | ReNew Energy Global | 2.48 Bn | 2.06 Bn | 269.00 Mn |
| 6 | Fluence Energy | 1.83 Bn | 1.26 Bn | 33.24 Mn |
| 7 | XPLR Infrastructure | 1.08 Bn | 582.09 Mn | - |
| 8 | Energy Vault Holdings | 687.47 Mn | 618.72 Mn | 4.79 Mn |
| 9 | AXIA Energia | 672.29 Mn | -1.91 Bn | 1.44 Bn |
| 10 | Eco Wave Power Global AB (publ) | 342.25 Mn | 342.25 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 | 26.00 Mn |
| Dec 31, 2017 | 26.00 Mn |
| Sep 30, 2017 | 8.00 Mn |
| Sep 30, 2017 | 8.00 Mn |
| Dec 31, 2016 | 6.00 Mn |
| Dec 31, 2016 | 6.00 Mn |