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| Date | Value |
|---|---|
| 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 |