Forward Air (FWRD) Asset Writedowns and Impairment (2009 - 2020)
Forward Air (FWRD) reported Asset Writedowns and Impairment of -$82000.0 for Q3 2020, down 144.57% on a YoY basis from $184000.0 in Q4 2019, and down 109.45% quarter-over-quarter from $868000.0 in Q2 2020.
Forward Air (FWRD) Asset Writedowns and Impairment (2009 - 2020) Analysis & Trends
Forward Air has reported Asset Writedowns and Impairment for 12 years, with the latest figure at -$82000.0 in Q3 2020.
- For the quarter ending Q3 2020, Asset Writedowns and Impairment fell 144.57% year-over-year to -$82000.0; the trailing twelve-month figure through Sep 2020 stood at $548000.0 (down 45.74% YoY), and the FY2019 full-year result was $761000.0, up 447.48% from the prior year.
- Asset Writedowns and Impairment for Q3 2020 stood at -$82000.0, down from $868000.0 in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $42.4 million in Q2 2016, with the low at -$509000.0 in Q3 2018.
- Historically, Asset Writedowns and Impairment has averaged $5.4 million across 5 years, with a median of $80000.0 in 2017.
- Annual changes were most pronounced in 2016 — Asset Writedowns and Impairment slumped 931.58% — and 2020, when it jumped 14366.67%.
- Forward Air's Asset Writedowns and Impairment stood at $42.2 million in 2016, then plunged by 99.94% to $26000.0 in 2017, then jumped by 634.62% to $191000.0 in 2018, then slumped by 130.37% to -$58000.0 in 2019, then slumped by 41.38% to -$82000.0 in 2020.
- The last three Asset Writedowns and Impairment figures came in at -$82000.0 (Q3 2020), $868000.0 (Q2 2020), and -$180000.0 (Q1 2020), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | United Parcel Service | 92.26 Bn | 86.49 Bn | 18.44 Bn |
| 2 | Fedex | 78.12 Bn | 66.43 Bn | 20.49 Bn |
| 3 | Hunt J B Transport Services | 26.94 Bn | 26.93 Bn | 2.88 Bn |
| 4 | C. H. Robinson Worldwide | 22.05 Bn | 21.89 Bn | 1.50 Bn |
| 5 | Expeditors International Of Washington | 21.79 Bn | 20.48 Bn | 2.84 Bn |
| 6 | Landstar System | 7.42 Bn | 7.01 Bn | 1.16 Bn |
| 7 | GXO Logistics | 5.58 Bn | 4.83 Bn | 490.00 Mn |
| 8 | ZTO Express (Cayman) | 2.73 Bn | -774.03 Mn | 469.01 Mn |
| 9 | Pitney Bowes | 2.47 Bn | 2.16 Bn | 375.39 Mn |
| 10 | Forward Air | 326.09 Mn | 226.34 Mn | 526.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2020 | -82,000.00 |
| Sep 30, 2020 | -82,000.00 |
| Jun 30, 2020 | 868,000.00 |
| Jun 30, 2020 | 868,000.00 |
| Mar 31, 2020 | -180,000.00 |
| Mar 31, 2020 | -180,000.00 |
| Dec 31, 2019 | -58,000.00 |
| Dec 31, 2019 | -58,000.00 |
| Sep 30, 2019 | 184,000.00 |
| Sep 30, 2019 | 184,000.00 |
| Jun 30, 2019 | 6,000.00 |
| Jun 30, 2019 | 6,000.00 |
| Mar 31, 2019 | 629,000.00 |
| Mar 31, 2019 | 629,000.00 |
| Dec 31, 2018 | 191,000.00 |
| Dec 31, 2018 | 191,000.00 |
| Sep 30, 2018 | -509,000.00 |
| Sep 30, 2018 | -509,000.00 |
| Jun 30, 2018 | 323,000.00 |
| Jun 30, 2018 | 323,000.00 |