Global Ship Lease (GSL) Asset Writedowns and Impairment (2011 - 2023)
Global Ship Lease (GSL) posted Asset Writedowns and Impairment of -$18.8 million for Q4 2023, down 526.67% on a QoQ basis from -$3.0 million in Q4 2022, and down 526.67% year-over-year from $4.4 million in Q4 2022.
Analysis
Global Ship Lease (GSL) Asset Writedowns and Impairment (2011 - 2023) Analysis & Trends
Global Ship Lease has reported Asset Writedowns and Impairment for 8 years, with the latest figure at -$18.8 million in Q4 2023.
- On a quarterly basis, Asset Writedowns and Impairment fell 526.67% year-over-year to -$18.8 million in Q4 2023; TTM through Dec 2023 was -$20.9 million, a 479.99% decrease from a year earlier, with the FY2023 full-year figure at $18.8 million, up 520.84% from the prior year.
- Asset Writedowns and Impairment was -$18.8 million for Q4 2023 at Global Ship Lease, down from -$3.0 million in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $7.6 million in Q1 2020, with the low at -$18.8 million in Q4 2023.
- Average Asset Writedowns and Impairment over 3 years is -$3.3 million, with a median of -$1.0 million recorded in 2020.
- The largest YoY upside for Asset Writedowns and Impairment was 526.67% in 2023 against a maximum downside of 526.67% in 2023.
- Over 3 years, Asset Writedowns and Impairment stood at $912000.0 in 2020, then sank by 428.95% to -$3.0 million in 2022, then sank by 526.67% to -$18.8 million in 2023.
- The last three Asset Writedowns and Impairment figures came in at -$18.8 million (Q4 2023), -$3.0 million (Q4 2022), and $912000.0 (Q2 2020), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn |
| 10 | Global Ship Lease | 793.09 Mn | 793.09 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | -18.80 Mn |
| Dec 31, 2022 | -3.00 Mn |
| Jun 30, 2020 | 912,000.00 |
| Mar 31, 2020 | 7.59 Mn |
| Mar 31, 2018 | -150,000.00 |
| Dec 31, 2016 | 63.07 Mn |
| Sep 30, 2016 | 29.36 Mn |
| Sep 30, 2015 | 44.70 Mn |
| Dec 31, 2013 | -43,000.00 |
| Sep 30, 2011 | -5,000.00 |
| Jun 30, 2011 | 13.65 Mn |
| Mar 31, 2011 | -26,000.00 |