Gilat Satellite Networks (GILT) Asset Writedowns and Impairment (2009 - 2022)

Gilat Satellite Networks (GILT) posted quarterly Asset Writedowns and Impairment of $53000.0 for Q4 2022, down 91.86% year-over-year from $651000.0 in Q4 2021, and down 81.0% quarter-over-quarter from $279000.0 in Q3 2022.

Gilat Satellite Networks (GILT) Asset Writedowns and Impairment (2009 - 2022) Analysis & Trends

Gilat Satellite Networks (GILT) has reported Asset Writedowns and Impairment for 11 consecutive years, with $53000.0 the latest figure, recorded in Q4 2022.

  • In Q4 2022, Asset Writedowns and Impairment fell 91.86% year-over-year to $53000.0; the TTM figure through Dec 2022 stood at $771000.0 (down 92.84% YoY), while the FY2022 annual figure was $771000.0, up 18.43% from the prior year.
  • Asset Writedowns and Impairment retreated to $53000.0 in Q4 2022 per GILT's latest filing, from $279000.0 in the prior quarter.
  • Across five years, Asset Writedowns and Impairment topped out at $651000.0 in Q4 2021 and bottomed at -$33000.0 in Q1 2020.
  • Historically, Asset Writedowns and Impairment has averaged $199428.6 across 4 years, with a median of $210000.0 in 2022.
  • Annual changes were most pronounced in 2020 — Asset Writedowns and Impairment slumped 571.43% — and 2022, when it tumbled 91.86%.
  • Gilat Satellite Networks' Asset Writedowns and Impairment stood at $7000.0 in 2019, then plunged by 571.43% to -$33000.0 in 2020, then soared by 2072.73% to $651000.0 in 2021, then sank by 91.86% to $53000.0 in 2022.
  • Business Quant data shows GILT's Asset Writedowns and Impairment at $53000.0 in Q4 2022, $279000.0 in Q3 2022, and $229000.0 in Q2 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Cisco Systems 440.02 Bn 423.38 Bn 10.08 Bn
2 Hewlett Packard Enterprise 77.69 Bn 72.40 Bn 3.94 Bn
3 Motorola Solutions 77.25 Bn 76.56 Bn 1.68 Bn
4 Lumentum Holdings 66.40 Bn 63.23 Bn 357.00 Mn
5 Nokia 61.84 Bn 54.37 Bn 10.09 Bn
6 Ciena 60.71 Bn 59.51 Bn 691.55 Mn
7 Ubiquiti 34.65 Bn 34.28 Bn 370.71 Mn
8 Ericsson Lm Telephone 34.62 Bn 28.92 Bn 2.58 Bn
9 AST SpaceMobile 27.62 Bn 28.12 Bn 9.12 Mn
10 Gilat Satellite Networks 886.61 Mn 878.67 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2022 53,000.00
Dec 31, 2022 53,000.00
Sep 30, 2022 279,000.00
Sep 30, 2022 279,000.00
Jun 30, 2022 229,000.00
Jun 30, 2022 229,000.00
Mar 31, 2022 210,000.00
Mar 31, 2022 210,000.00
Dec 31, 2021 651,000.00
Dec 31, 2021 651,000.00
Mar 31, 2020 -33,000.00
Mar 31, 2020 -33,000.00
Mar 31, 2019 7,000.00
Mar 31, 2019 7,000.00
Dec 31, 2015 10.14 Mn
Dec 31, 2015 10.14 Mn
Dec 31, 2014 189,000.00
Dec 31, 2014 189,000.00
Jun 30, 2013 1,000.00
Jun 30, 2013 1,000.00