First Solar (FSLR) Asset Writedowns and Impairment (2015 - 2023)
First Solar posted quarterly Asset Writedowns and Impairment of $1.3 million for Q4 2023, up 131.93% year-on-year from $545000.0 in Q4 2022, and up 1608.11% on a QoQ basis from $74000.0 in Q3 2023.
First Solar (FSLR) has 9 years of Asset Writedowns and Impairment data on file, last reported at $1.3 million in Q4 2023.
- For the quarter ending Q4 2023, Asset Writedowns and Impairment rose 131.93% year-over-year to $1.3 million; the trailing twelve-month figure through Dec 2023 stood at $2.0 million (down 96.58% YoY), and the FY2024 full-year result was $1.4 million, down 13.27% from the prior year.
- Asset Writedowns and Impairment for Q4 2023 stood at $1.3 million, up from $74000.0 in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $55.6 million in Q2 2022 and bottomed at $74000.0 in Q3 2023.
- The 5-year median for Asset Writedowns and Impairment is $1.7 million (2019), against an average of $7.0 million.
- Peak annual rise in Asset Writedowns and Impairment reached 7187.02% in 2022, while the deepest fall reached 97.25% in 2022.
- A 5-year view of Asset Writedowns and Impairment shows it stood at $1.4 million in 2019, then surged by 688.05% to $11.2 million in 2020, then gained by 23.09% to $13.8 million in 2021, then tumbled by 96.05% to $545000.0 in 2022, then jumped by 131.93% to $1.3 million in 2023.
- The last three Asset Writedowns and Impairment figures came in at $1.3 million (Q4 2023), $74000.0 (Q3 2023), and $545000.0 (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 1.26 Mn |
| Dec 31, 2023 | 1.26 Mn |
| Sep 30, 2023 | 74,000.00 |
| Sep 30, 2023 | 74,000.00 |
| Dec 31, 2022 | 545,000.00 |
| Dec 31, 2022 | 545,000.00 |
| Sep 30, 2022 | 105,000.00 |
| Sep 30, 2022 | 105,000.00 |
| Jun 30, 2022 | 55.60 Mn |
| Jun 30, 2022 | 55.60 Mn |
| Mar 31, 2022 | 1.89 Mn |
| Mar 31, 2022 | 1.89 Mn |
| Dec 31, 2021 | 13.79 Mn |
| Dec 31, 2021 | 13.79 Mn |
| Sep 30, 2021 | 3.82 Mn |
| Sep 30, 2021 | 3.82 Mn |
| Jun 30, 2021 | 763,000.00 |
| Jun 30, 2021 | 763,000.00 |
| Mar 31, 2021 | 4.50 Mn |
| Mar 31, 2021 | 4.50 Mn |
| Dec 31, 2020 | 11.21 Mn |
| Dec 31, 2020 | 11.21 Mn |
| Sep 30, 2020 | 17.99 Mn |
| Sep 30, 2020 | 17.99 Mn |
| Jun 30, 2020 | 5.32 Mn |
| Jun 30, 2020 | 5.32 Mn |
| Mar 31, 2020 | 1.29 Mn |
| Mar 31, 2020 | 1.29 Mn |
| Dec 31, 2019 | 1.42 Mn |
| Dec 31, 2019 | 1.42 Mn |
| Sep 30, 2019 | 4.94 Mn |
| Sep 30, 2019 | 4.94 Mn |
| Jun 30, 2019 | 860,000.00 |
| Jun 30, 2019 | 860,000.00 |
| Mar 31, 2019 | 352,000.00 |
| Mar 31, 2019 | 352,000.00 |
| Dec 31, 2018 | 2.69 Mn |
| Dec 31, 2018 | 2.69 Mn |
| Sep 30, 2018 | 1.17 Mn |
| Sep 30, 2018 | 1.17 Mn |
| Jun 30, 2018 | 3.17 Mn |
| Jun 30, 2018 | 3.17 Mn |
| Mar 31, 2018 | 1.05 Mn |
| Mar 31, 2018 | 1.05 Mn |
| Dec 31, 2017 | 2.19 Mn |
| Dec 31, 2017 | 2.19 Mn |
| Sep 30, 2017 | 1.29 Mn |
| Sep 30, 2017 | 1.29 Mn |
| Jun 30, 2017 | 16.87 Mn |
| Jun 30, 2017 | 16.87 Mn |
| Mar 31, 2017 | 15.01 Mn |
| Mar 31, 2017 | 15.01 Mn |
| Dec 31, 2016 | 753.22 Mn |
| Dec 31, 2016 | 753.22 Mn |
| Sep 30, 2016 | 2.72 Mn |
| Sep 30, 2016 | 2.72 Mn |
| Jun 30, 2016 | 81.37 Mn |
| Jun 30, 2016 | 81.37 Mn |
| Mar 31, 2016 | 1.16 Mn |
| Mar 31, 2016 | 1.16 Mn |
| Dec 31, 2015 | 6.29 Mn |
| Dec 31, 2015 | 6.29 Mn |
| Sep 30, 2015 | 1.38 Mn |
| Sep 30, 2015 | 1.38 Mn |