Growth Metrics

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 🔒
DateValue
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