Forward Air (FWRD) Asset Writedowns and Impairment (2009 - 2020)
Forward Air's (FWRD) quarterly Asset Writedowns and Impairment came in at -$82000.0 in Q3 2020, down 144.57% YoY from $184000.0 in Q4 2019, and down 109.45% on a QoQ basis from $868000.0 in Q2 2020.
Forward Air (FWRD) Asset Writedowns and Impairment (2009 - 2020) Analysis & Trends
Forward Air (FWRD) has 12 years of Asset Writedowns and Impairment data on file, last reported at -$82000.0 in Q3 2020.
- Quarterly Asset Writedowns and Impairment fell 144.57% year-over-year to -$82000.0 in Q3 2020, while the trailing twelve-month figure through Sep 2020 was $548000.0 (down 45.74% YoY) and the FY2019 annual result came in at $761000.0, up 447.48% from the prior year.
- Asset Writedowns and Impairment fell to -$82000.0 in Q3 2020, from $868000.0 in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $42.4 million in Q2 2016 to a low of -$509000.0 in Q3 2018.
- A 5-year average of $2.9 million and a median of $26000.0 in 2017 frame the typical range for Asset Writedowns and Impairment.
- Annual changes were most pronounced in 2016 — Asset Writedowns and Impairment slumped 931.58% — and 2020, when it jumped 14366.67%.
- Tracing FWRD's Asset Writedowns and Impairment over 5 years: stood at $42.4 million in 2016, then sank 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 | 86.89 Bn | 82.23 Bn | 19.65 Bn |
| 2 | Fedex | 77.23 Bn | 63.91 Bn | 18.84 Bn |
| 3 | Hunt J B Transport Services | 25.91 Bn | 25.90 Bn | - |
| 4 | Expeditors International Of Washington | 24.62 Bn | 23.58 Bn | 1.09 Bn |
| 5 | ZTO Express (Cayman) | 17.03 Bn | 12.62 Bn | 469.01 Mn |
| 6 | C. H. Robinson Worldwide | 16.77 Bn | 16.62 Bn | 1.11 Bn |
| 7 | Landstar System | 6.33 Bn | 5.98 Bn | 308.86 Mn |
| 8 | GXO Logistics | 5.25 Bn | 4.48 Bn | 508.00 Mn |
| 9 | Pitney Bowes | 2.24 Bn | 1.96 Bn | 296.14 Mn |
| 10 | Forward Air | 588.72 Mn | 449.27 Mn | 617.46 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 |