Greenlight Capital Re (GLRE) Asset Writedowns and Impairment (2020 - 2024)
Greenlight Capital Re (GLRE) posted quarterly Asset Writedowns and Impairment of $225000.0 for Q1 2024, down 46.81% quarter-over-quarter from $423000.0 in Q4 2023.
Greenlight Capital Re (GLRE) Asset Writedowns and Impairment (2020 - 2024) Analysis & Trends
Greenlight Capital Re (GLRE) has reported Asset Writedowns and Impairment for 4 consecutive years, with $225000.0 the latest figure, recorded in Q1 2024.
- In Q1 2024, Asset Writedowns and Impairment changed N/A year-over-year to $225000.0; the TTM figure through Sep 2024 stood at $648000.0 (down 17.14% YoY), while the FY2023 annual figure was $923000.0, up 227.3% from the prior year.
- Asset Writedowns and Impairment declined to $225000.0 in Q1 2024 per GLRE's latest filing, from $423000.0 in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $500000.0 in Q2 2023 and bottomed at -$1.0 million in Q4 2020.
- Historically, Asset Writedowns and Impairment has averaged $113333.3 across 4 years, with a median of $266000.0 in 2020.
- On a YoY basis, Asset Writedowns and Impairment climbed as much as 50.0% in 2023 and fell as far as 50.0% in 2023.
- Greenlight Capital Re's Asset Writedowns and Impairment stood at -$1.0 million in 2020, then soared by 128.2% to $282000.0 in 2022, then jumped by 50.0% to $423000.0 in 2023, then plunged by 46.81% to $225000.0 in 2024.
- Business Quant data shows GLRE's Asset Writedowns and Impairment at $225000.0 in Q1 2024, $423000.0 in Q4 2023, and $500000.0 in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Reinsurance Group Of America | 15.93 Bn | 10.26 Bn | 2.16 Bn |
| 2 | Everest | 14.29 Bn | -33.07 Bn | 1.79 Bn |
| 3 | Renaissancere Holdings | 13.28 Bn | -13.20 Bn | 1.83 Bn |
| 4 | Hamilton Insurance | 3.50 Bn | -685.35 Mn | 478.09 Mn |
| 5 | SiriusPoint | 2.75 Bn | 2.07 Bn | 385.90 Mn |
| 6 | Greenlight Capital Re | 514.18 Mn | -185.48 Mn | 49.73 Mn |
| 7 | Kestrel | 62.55 Mn | 34.74 Mn | 5.17 Mn |
| 8 | Oxbridge Re Holdings | 10.90 Mn | -8.93 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 225,000.00 |
| Mar 31, 2024 | 225,000.00 |
| Dec 31, 2023 | 423,000.00 |
| Dec 31, 2023 | 423,000.00 |
| Jun 30, 2023 | 500,000.00 |
| Jun 30, 2023 | 500,000.00 |
| Dec 31, 2022 | 282,000.00 |
| Dec 31, 2022 | 282,000.00 |
| Dec 31, 2020 | -1.00 Mn |
| Dec 31, 2020 | -1.00 Mn |
| Mar 31, 2020 | 250,000.00 |
| Mar 31, 2020 | 250,000.00 |