King Resources (KRFG) Asset Writedowns and Impairment (2021 - 2023)
King Resources (KRFG) posted quarterly Asset Writedowns and Impairment of $250.0 for Q3 2023, down 65.66% year-on-year from $728.0 in Q3 2022, and down 32.61% on a QoQ basis from $371.0 in Q2 2023.
King Resources (KRFG) Asset Writedowns and Impairment (2021 - 2023) Analysis & Trends
King Resources (KRFG) has reported Asset Writedowns and Impairment for 3 consecutive years, with $250.0 the latest figure, recorded in Q3 2023.
- Quarterly Asset Writedowns and Impairment fell 65.66% year-over-year to $250.0 in Q3 2023, while the trailing twelve-month figure through Sep 2023 was $1726.0 (down 26.24% YoY) and the FY2024 annual result came in at $761.0, down 71.58% from the prior year.
- Asset Writedowns and Impairment slipped to $250.0 in Q3 2023 per KRFG's latest filing, from $371.0 in the prior quarter.
- Over the last five years, Asset Writedowns and Impairment for KRFG reached as high as $845.0 in Q2 2022 and fell as low as -$63.0 in Q1 2022.
- A 3-year average of $428.45 and a median of $371.0 in 2023 frame the typical range for Asset Writedowns and Impairment.
- Annual changes were most pronounced in 2022 — Asset Writedowns and Impairment plunged 240.0% — and 2023, when it jumped 880.95%.
- Year by year, Asset Writedowns and Impairment stood at $830.0 in 2021, then slipped by 26.14% to $613.0 in 2022, then tumbled by 59.22% to $250.0 in 2023.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $250.0, $371.0, and $492.0 for Q3 2023, Q2 2023, and Q1 2023 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Electrovaya | 404.20 Bn | 404.18 Bn | 6.04 Mn |
| 2 | Vertiv Holdings | 105.92 Bn | 103.42 Bn | 999.70 Mn |
| 3 | Bloom Energy | 50.62 Bn | 48.13 Bn | 225.54 Mn |
| 4 | Hubbell | 25.48 Bn | 24.96 Bn | 505.30 Mn |
| 5 | nVent Electric | 23.39 Bn | 23.20 Bn | 445.60 Mn |
| 6 | Advanced Energy Industries | 10.73 Bn | 10.03 Bn | 200.90 Mn |
| 7 | Acuity Inc. (De) | 10.07 Bn | 9.66 Bn | 606.40 Mn |
| 8 | Powell Industries | 7.86 Bn | 7.31 Bn | 87.94 Mn |
| 9 | EnerSys | 6.92 Bn | 6.48 Bn | 290.87 Mn |
| 10 | King Resources | 5.52 Mn | 5.51 Mn | 29,642.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 250.00 |
| Sep 30, 2023 | 250.00 |
| Jun 30, 2023 | 371.00 |
| Jun 30, 2023 | 371.00 |
| Mar 31, 2023 | 492.00 |
| Mar 31, 2023 | 492.00 |
| Dec 31, 2022 | 613.00 |
| Dec 31, 2022 | 613.00 |
| Sep 30, 2022 | 728.00 |
| Sep 30, 2022 | 728.00 |
| Jun 30, 2022 | 845.00 |
| Jun 30, 2022 | 845.00 |
| Mar 31, 2022 | -63.00 |
| Mar 31, 2022 | -63.00 |
| Dec 31, 2021 | 830.00 |
| Dec 31, 2021 | 830.00 |
| Sep 30, 2021 | 241.00 |
| Sep 30, 2021 | 241.00 |
| Jun 30, 2021 | 361.00 |
| Jun 30, 2021 | 361.00 |