Hsbc Holdings (HSBC) Asset Writedowns and Impairment (2009 - 2023)

Hsbc Holdings has disclosed Asset Writedowns and Impairment across 8 years of filings, most recently posting -$395.0 million for Q4 2023.

• Asset Writedowns and Impairment for Q4 2023 came in at -$395.0 million, down 517.19% year-over-year; the trailing twelve-month figure through Dec 2023 was -$100.0 million (down 516.67% YoY), and the FY2023 annual result was -$100.0 million, down 104.17% from the prior year.
• Asset Writedowns and Impairment came in at -$395.0 million for Q4 2023 at Hsbc Holdings, down from -$1.0 million in the prior quarter.
• In the past five years, Asset Writedowns and Impairment ranged from a high of $7.3 billion in Q4 2019 to a low of -$1.2 billion in Q2 2020.
• The 5-year median for Asset Writedowns and Impairment is -$4.5 million (2019), against an average of $336.1 million.
• Across the five-year window, Asset Writedowns and Impairment soared 1525.0% in 2020 and sank 7737.5% in 2021, its largest moves.
• Hsbc Holdings' Asset Writedowns and Impairment stood at $7.3 billion in 2019, then slumped by 99.89% to $8.0 million in 2020, then tumbled by 7737.5% to -$611.0 million in 2021, then soared by 89.53% to -$64.0 million in 2022, then plunged by 517.19% to -$395.0 million in 2023.
• The last three Asset Writedowns and Impairment figures came in at -$395.0 million (Q4 2023), -$1.0 million (Q3 2023), and $294.0 million (Q2 2023), per Business Quant data.