Huntington Ingalls Industries (HII) Asset Writedowns and Impairment (2017 - 2024)

Huntington Ingalls Industries (HII) posted Asset Writedowns and Impairment of -$3.0 million for Q1 2024, up 57.14% quarter-over-quarter from -$7.0 million in Q1 2022.

Huntington Ingalls Industries (HII) Asset Writedowns and Impairment (2017 - 2024) Analysis & Trends

Huntington Ingalls Industries (HII) has reported Asset Writedowns and Impairment for 5 consecutive years, with -$3.0 million the latest figure, recorded in Q1 2024.

  • Asset Writedowns and Impairment for Q1 2024 came in at -$3.0 million, changed N/A year-over-year; the trailing twelve-month figure through Mar 2024 was -$3.0 million (changed N/A YoY), and the FY2023 annual result was $6.0 million, up 185.71% from the prior year.
  • Asset Writedowns and Impairment was -$3.0 million for Q1 2024 at Huntington Ingalls Industries, up from -$7.0 million in the prior quarter.
  • Over five years, Asset Writedowns and Impairment peaked at $7.0 million in Q3 2020 and troughed at -$14.0 million in Q4 2020.
  • Average Asset Writedowns and Impairment over 3 years is -$4.2 million, with a median of -$5.0 million recorded in 2022.
  • The widest YoY moves for Asset Writedowns and Impairment: up 333.33% in 2020, down 227.27% in 2020.
  • Over 3 years, Asset Writedowns and Impairment stood at -$14.0 million in 2020, then jumped by 50.0% to -$7.0 million in 2022, then jumped by 57.14% to -$3.0 million in 2024.
  • Per Business Quant data, the three most recent Asset Writedowns and Impairment figures were -$3.0 million in Q1 2024, -$7.0 million in Q1 2022, and -$14.0 million in Q4 2020.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn
10 Huntington Ingalls Industries 10.96 Bn 10.75 Bn 2.84 Bn

Historic Data

Download Data
DateValue
Mar 31, 2024 -3.00 Mn
Mar 31, 2024 -3.00 Mn
Mar 31, 2022 -7.00 Mn
Mar 31, 2022 -7.00 Mn
Dec 31, 2020 -14.00 Mn
Dec 31, 2020 -14.00 Mn
Sep 30, 2020 7.00 Mn
Sep 30, 2020 7.00 Mn
Dec 31, 2019 11.00 Mn
Dec 31, 2019 11.00 Mn
Sep 30, 2019 -3.00 Mn
Sep 30, 2019 -3.00 Mn
Mar 31, 2019 -2.00 Mn
Mar 31, 2019 -2.00 Mn
Sep 30, 2017 -12.00 Mn
Sep 30, 2017 -12.00 Mn
Jun 30, 2017 -7.00 Mn
Jun 30, 2017 -7.00 Mn
Mar 31, 2017 29.00 Mn
Mar 31, 2017 29.00 Mn