Jabil (JBL) Asset Writedowns and Impairment (2009 - 2021)
Jabil (JBL) posted quarterly Asset Writedowns and Impairment of $605000.0 for Q3 2021, down 96.52% year-over-year from $17.4 million in Q3 2020, and up 637.8% quarter-over-quarter from $82000.0 in Q2 2021.
Jabil (JBL) Asset Writedowns and Impairment (2009 - 2021) Analysis & Trends
Jabil (JBL) has reported Asset Writedowns and Impairment for 11 consecutive years, with $605000.0 the latest figure, recorded in Q3 2021.
- In Q3 2021, Asset Writedowns and Impairment fell 96.52% year-over-year to $605000.0; the TTM figure through Aug 2021 stood at $6.0 million (down 81.25% YoY), while the FY2021 annual figure was $6.0 million, down 81.25% from the prior year.
- Asset Writedowns and Impairment climbed to $605000.0 in Q3 2021 per JBL's latest filing, from $82000.0 in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $17.5 million in Q3 2018 and bottomed at -$228000.0 in Q1 2020.
- Historically, Asset Writedowns and Impairment has averaged $5.0 million across 5 years, with a median of $3.6 million in 2017.
- Annual changes were most pronounced in 2020 — Asset Writedowns and Impairment slumped 104.81% — and 2021, when it soared 1366.23%.
- Jabil's Asset Writedowns and Impairment stood at $1.6 million in 2017, then slumped by 46.1% to $856000.0 in 2018, then soared by 1116.47% to $10.4 million in 2019, then tumbled by 76.7% to $2.4 million in 2020, then slumped by 75.06% to $605000.0 in 2021.
- Business Quant data shows JBL's Asset Writedowns and Impairment at $605000.0 in Q3 2021, $82000.0 in Q2 2021, and $2.9 million in Q1 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amphenol | 384.62 Bn | 378.51 Bn | 3.55 Bn |
| 2 | Corning | 131.20 Bn | 128.69 Bn | 1.63 Bn |
| 3 | TE Connectivity | 58.86 Bn | 57.62 Bn | 1.84 Bn |
| 4 | Flex | 40.89 Bn | 38.05 Bn | 747.00 Mn |
| 5 | Celestica | 34.56 Bn | 34.03 Bn | 577.50 Mn |
| 6 | Jabil | 33.87 Bn | 32.51 Bn | 828.00 Mn |
| 7 | Fabrinet | 15.92 Bn | 15.04 Bn | 158.05 Mn |
| 8 | Ttm Technologies | 12.16 Bn | 11.65 Bn | 211.86 Mn |
| 9 | Littelfuse | 10.55 Bn | 9.92 Bn | 306.06 Mn |
| 10 | Sanmina | 10.43 Bn | 8.59 Bn | 363.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Aug 31, 2021 | 605,000.00 |
| Aug 31, 2021 | 605,000.00 |
| May 31, 2021 | 82,000.00 |
| May 31, 2021 | 82,000.00 |
| Feb 28, 2021 | 2.89 Mn |
| Feb 28, 2021 | 2.89 Mn |
| Nov 30, 2020 | 2.43 Mn |
| Nov 30, 2020 | 2.43 Mn |
| Aug 31, 2020 | 17.36 Mn |
| Aug 31, 2020 | 17.36 Mn |
| May 31, 2020 | 4.45 Mn |
| May 31, 2020 | 4.45 Mn |
| Feb 29, 2020 | -228,000.00 |
| Feb 29, 2020 | -228,000.00 |
| Nov 30, 2019 | 10.41 Mn |
| Nov 30, 2019 | 10.41 Mn |
| Aug 31, 2019 | 5.27 Mn |
| Aug 31, 2019 | 5.27 Mn |
| May 31, 2019 | 5.14 Mn |
| May 31, 2019 | 5.14 Mn |