First Solar (FSLR) Asset Writedowns and Impairment (2015 - 2023)
First Solar's (FSLR) quarterly Asset Writedowns and Impairment came in at $1.3 million in Q4 2023, up 131.93% YoY from $545000.0 in Q4 2022, and up 1608.11% on a QoQ basis from $74000.0 in Q3 2023.
First Solar (FSLR) Asset Writedowns and Impairment (2015 - 2023) Analysis & Trends
First Solar (FSLR) has 9 years of Asset Writedowns and Impairment data on file, last reported at $1.3 million in Q4 2023.
- Quarterly Asset Writedowns and Impairment rose 131.93% year-over-year to $1.3 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $2.0 million (down 96.71% YoY) and the FY2024 annual result came in at $1.4 million, down 13.27% from the prior year.
- Asset Writedowns and Impairment advanced to $1.3 million in Q4 2023, from $74000.0 in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $57.8 million in Q2 2022 to a low of $74000.0 in Q3 2023.
- A 5-year average of $7.1 million and a median of $1.7 million in 2019 frame the typical range for Asset Writedowns and Impairment.
- The widest YoY moves for Asset Writedowns and Impairment: up 7475.36% in 2022, down 97.25% in 2022.
- Tracing FSLR's Asset Writedowns and Impairment over 5 years: stood at $1.4 million in 2019, then jumped by 688.05% to $11.2 million in 2020, then rose by 23.09% to $13.8 million in 2021, then plunged by 96.05% to $545000.0 in 2022, then soared 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 | 23.03 Bn | 21.30 Bn | 605.00 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn |
| 10 | Toyo | 181.99 Mn | 105.35 Mn | 47.76 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 | 900,000.00 |
| Jun 30, 2022 | 900,000.00 |
| 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 |