HIVE Digital Technologies (HIVE) Asset Writedowns and Impairment (2022 - 2024)

HIVE Digital Technologies (HIVE) has reported Asset Writedowns and Impairment for 3 consecutive years, with $11.6 million the latest figure, recorded in Q1 2024.

• On a quarterly basis, Asset Writedowns and Impairment rose 83.08% year-over-year to $11.6 million in Q1 2024; TTM through Dec 2023 was -$5.3 million, a N/A change from a year earlier, with the FY2023 full-year figure at -$70.4 million, down 628.21% from the prior year.
• Asset Writedowns and Impairment was $11.6 million for Q1 2024 at HIVE Digital Technologies, up from $1.0 million in the prior quarter.
• Over five years, Asset Writedowns and Impairment peaked at $26.2 million in Q2 2023 and troughed at -$38.8 million in Q4 2022.
• A 3-year average of -$8.4 million and a median of $1.0 million in 2023 frame the typical range for Asset Writedowns and Impairment.
• The widest YoY moves for Asset Writedowns and Impairment: up 102.59% in 2023, down 48.06% in 2023.
• Over 3 years, Asset Writedowns and Impairment stood at -$38.8 million in 2022, then soared by 102.59% to $1.0 million in 2023, then jumped by 1052.04% to $11.6 million in 2024.
• The last three Asset Writedowns and Impairment figures came in at $11.6 million (Q1 2024), $1.0 million (Q4 2023), and -$38.8 million (Q3 2023), per Business Quant data.