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
DateValue
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