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| Date | Value |
|---|---|
| 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 |