Healthcare Services (HCSG) Asset Writedowns and Impairment (2009 - 2019)

Healthcare Services (HCSG) posted quarterly Asset Writedowns and Impairment of $2.5 million for Q4 2019, down 72.4% year-over-year from $9.0 million in Q4 2018, and up 65.33% quarter-over-quarter from $1.5 million in Q3 2019.

Healthcare Services (HCSG) Asset Writedowns and Impairment (2009 - 2019) Analysis & Trends

Healthcare Services (HCSG) has reported Asset Writedowns and Impairment for 11 consecutive years, with $2.5 million the latest figure, recorded in Q4 2019.

  • In Q4 2019, Asset Writedowns and Impairment fell 72.4% year-over-year to $2.5 million; the TTM figure through Dec 2019 stood at $25.5 million (down 50.42% YoY), while the FY2019 annual figure was $25.5 million, down 50.42% from the prior year.
  • Asset Writedowns and Impairment grew to $2.5 million in Q4 2019 per HCSG's latest filing, from $1.5 million in the prior quarter.
  • Across five years, Asset Writedowns and Impairment topped out at $37.1 million in Q1 2018 and bottomed at $550000.0 in Q3 2015.
  • Historically, Asset Writedowns and Impairment has averaged $4.6 million across 5 years, with a median of $1.7 million in 2017.
  • Annual changes were most pronounced in 2015 — Asset Writedowns and Impairment sank 74.65% — and 2018, when it soared 3436.86%.
  • Healthcare Services' Asset Writedowns and Impairment stood at $2.1 million in 2015, then sank by 32.27% to $1.4 million in 2016, then soared by 57.45% to $2.2 million in 2017, then jumped by 299.42% to $9.0 million in 2018, then slumped by 72.4% to $2.5 million in 2019.
  • Business Quant data shows HCSG's Asset Writedowns and Impairment at $2.5 million in Q4 2019, $1.5 million in Q3 2019, and $3.0 million in Q2 2019.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 HCA Healthcare 88.19 Bn 90.61 Bn 15.19 Bn
2 Tenet Healthcare 21.59 Bn 21.56 Bn 4.45 Bn
3 Encompass Health 12.19 Bn 12.86 Bn 1.34 Bn
4 Davita 11.52 Bn 12.39 Bn 1.16 Bn
5 Ensign 10.59 Bn 10.27 Bn 306.24 Mn
6 Universal Health Services 8.79 Bn 8.72 Bn 3.29 Bn
7 Pacs 7.04 Bn 6.88 Bn 338.46 Mn
8 Chemed 6.96 Bn 6.92 Bn 221.47 Mn
9 Concentra Group Holdings Parent 4.52 Bn 4.38 Bn 192.10 Mn
10 Healthcare Services 1.47 Bn 1.30 Bn 74.79 Mn

Historic Data

Download Data
DateValue
Dec 31, 2019 2.48 Mn
Dec 31, 2019 2.48 Mn
Sep 30, 2019 1.50 Mn
Sep 30, 2019 1.50 Mn
Jun 30, 2019 3.00 Mn
Jun 30, 2019 3.00 Mn
Mar 31, 2019 18.50 Mn
Mar 31, 2019 18.50 Mn
Dec 31, 2018 8.99 Mn
Dec 31, 2018 8.99 Mn
Sep 30, 2018 3.00 Mn
Sep 30, 2018 3.00 Mn
Jun 30, 2018 2.26 Mn
Jun 30, 2018 2.26 Mn
Mar 31, 2018 37.14 Mn
Mar 31, 2018 37.14 Mn
Dec 31, 2017 2.25 Mn
Dec 31, 2017 2.25 Mn
Sep 30, 2017 1.90 Mn
Sep 30, 2017 1.90 Mn