Hagerty (HGTY) Asset Writedowns and Impairment (2022 - 2023)
Hagerty (HGTY) posted Asset Writedowns and Impairment of $2.6 million for Q2 2023, down 44.68% sequentially from $4.7 million in Q4 2022.
Analysis
Hagerty (HGTY) Asset Writedowns and Impairment (2022 - 2023) Analysis & Trends
Hagerty has reported Asset Writedowns and Impairment for 2 years, with the latest figure at $2.6 million in Q2 2023.
- Quarterly Asset Writedowns and Impairment changed N/A year-over-year to $2.6 million in Q2 2023, while the trailing twelve-month figure through Sep 2023 was $7.3 million (changed N/A YoY) and the FY2022 annual result came in at $4.7 million, changed N/A from the prior year.
- Asset Writedowns and Impairment slipped to $2.6 million in Q2 2023 per HGTY's latest filing, from $4.7 million in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at $4.7 million in Q4 2022 and troughed at $2.6 million in Q2 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chubb | 134.94 Bn | 121.17 Bn | 9.13 Bn |
| 2 | Progressive | 130.54 Bn | 125.54 Bn | 9.04 Bn |
| 3 | Travelers Companies | 78.88 Bn | 55.13 Bn | 6.23 Bn |
| 4 | Allstate | 67.49 Bn | 28.76 Bn | 16.28 Bn |
| 5 | Fairfax Financial Holdings | 36.16 Bn | 36.16 Bn | - |
| 6 | Cincinnati Financial | 26.92 Bn | 25.02 Bn | 2.39 Bn |
| 7 | Markel | 23.15 Bn | 6.26 Bn | 2.83 Bn |
| 8 | Loews | 22.62 Bn | 322.44 Mn | 2.57 Bn |
| 9 | Assurant | 14.24 Bn | 12.21 Bn | 2.71 Bn |
| 10 | Hagerty | 1.36 Bn | 1.07 Bn | 244.11 Mn |