Golar Lng (GLNG) Asset Writedowns and Impairment (2015 - 2024)
Golar Lng (GLNG) reported Asset Writedowns and Impairment of $22.9 million for Q4 2024, up 128.37% on a YoY basis from $10.0 million in Q1 2024, and up 128.37% quarter-over-quarter from $10.0 million in Q4 2023.
Golar Lng (GLNG) Asset Writedowns and Impairment (2015 - 2024) Analysis & Trends
Golar Lng has reported Asset Writedowns and Impairment for 6 years, with the latest figure at $22.9 million in Q4 2024.
- For the quarter ending Q4 2024, Asset Writedowns and Impairment rose 128.37% year-over-year to $22.9 million; the trailing twelve-month figure through Dec 2024 stood at $22.9 million (down 85.42% YoY), and the FY2024 full-year result was -$22.9 million, down 556.74% from the prior year.
- Asset Writedowns and Impairment for Q4 2024 stood at $22.9 million, up from $10.0 million in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $152.3 million in Q4 2022, with the low at -$10.0 million in Q3 2023.
- Historically, Asset Writedowns and Impairment has averaged $42.7 million across 3 years, with a median of $16.5 million in 2023.
- Annual changes were most pronounced in 2023 — Asset Writedowns and Impairment sank 93.41% — and 2024, when it jumped 128.37%.
- Golar Lng's Asset Writedowns and Impairment stood at $152.3 million in 2022, then slumped by 93.41% to $10.0 million in 2023, then jumped by 128.37% to $22.9 million in 2024.
- The last three Asset Writedowns and Impairment figures came in at $22.9 million (Q4 2024), $10.0 million (Q4 2023), and -$10.0 million (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn |
| 10 | Golar Lng | 5.59 Bn | 4.62 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 22.93 Mn |
| Dec 31, 2024 | 22.93 Mn |
| Dec 31, 2023 | 10.04 Mn |
| Dec 31, 2023 | 10.04 Mn |
| Sep 30, 2023 | -10.04 Mn |
| Sep 30, 2023 | -10.04 Mn |
| Jun 30, 2023 | 5.02 Mn |
| Jun 30, 2023 | 5.02 Mn |
| Dec 31, 2022 | 152.31 Mn |
| Dec 31, 2022 | 152.31 Mn |
| Jun 30, 2022 | 76.16 Mn |
| Jun 30, 2022 | 76.16 Mn |
| Dec 31, 2019 | 501,000.00 |
| Dec 31, 2019 | 501,000.00 |
| Sep 30, 2019 | 75.85 Mn |
| Sep 30, 2019 | 75.85 Mn |
| Jun 30, 2019 | -7.35 Mn |
| Jun 30, 2019 | -7.35 Mn |
| Mar 31, 2019 | 34.25 Mn |
| Mar 31, 2019 | 34.25 Mn |