Lithia Motors (LAD) Asset Writedowns and Impairment (2010 - 2021)

Lithia Motors (LAD) posted Asset Writedowns and Impairment of $1.9 million for Q3 2021, down 75.95% sequentially from $7.9 million in Q2 2020.

Lithia Motors (LAD) Asset Writedowns and Impairment (2010 - 2021) Analysis & Trends

Lithia Motors (LAD) has 10 years of Asset Writedowns and Impairment data on file, last reported at $1.9 million in Q3 2021.

  • Quarterly Asset Writedowns and Impairment changed N/A year-over-year to $1.9 million in Q3 2021, while the trailing twelve-month figure through Sep 2022 was $1.9 million (changed 0.0% YoY) and the FY2025 annual result came in at $5.8 million, changed N/A from the prior year.
  • Asset Writedowns and Impairment fell to $1.9 million in Q3 2021 per LAD's latest filing, from $7.9 million in the prior quarter.
  • The five-year high for Asset Writedowns and Impairment was $7.9 million in Q2 2020, with the low at $500000.0 in Q1 2019.
  • Average Asset Writedowns and Impairment over 4 years is $2.7 million, with a median of $1.9 million recorded in 2021.
  • The widest YoY moves for Asset Writedowns and Impairment: up 61.54% in 2019, down 61.54% in 2019.
  • Lithia Motors' Asset Writedowns and Impairment stood at $1.3 million in 2018, then soared by 61.54% to $2.1 million in 2019, then jumped by 276.19% to $7.9 million in 2020, then sank by 75.95% to $1.9 million in 2021.
  • Business Quant data shows LAD's Asset Writedowns and Impairment at $1.9 million in Q3 2021, $7.9 million in Q2 2020, and $2.1 million in Q4 2019.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Uxin 128.90 Bn 128.96 Bn -
2 Carvana 48.46 Bn 46.86 Bn 1.27 Bn
3 Penske Automotive 11.65 Bn 11.59 Bn 1.30 Bn
4 Carmax 7.34 Bn 7.21 Bn 854.41 Mn
5 Lithia Motors 6.80 Bn 6.82 Bn 1.42 Bn
6 Autonation 6.40 Bn 6.33 Bn 1.21 Bn
7 Rush Enterprises Inc \Tx\ 5.57 Bn 5.35 Bn 343.80 Mn
8 Valvoline 4.88 Bn 4.79 Bn 187.00 Mn
9 Asbury Automotive 3.76 Bn 3.73 Bn 726.90 Mn
10 Group 1 Automotive 3.41 Bn 3.37 Bn 877.90 Mn

Historic Data

Download Data
DateValue
Sep 30, 2021 1.90 Mn
Sep 30, 2021 1.90 Mn
Jun 30, 2020 7.90 Mn
Jun 30, 2020 7.90 Mn
Dec 31, 2019 2.10 Mn
Dec 31, 2019 2.10 Mn
Mar 31, 2019 500,000.00
Mar 31, 2019 500,000.00
Dec 31, 2018 1.30 Mn
Dec 31, 2018 1.30 Mn
Dec 31, 2016 3.51 Mn
Dec 31, 2016 3.51 Mn
Sep 30, 2016 3.50 Mn
Sep 30, 2016 3.50 Mn
Jun 30, 2016 3.50 Mn
Jun 30, 2016 3.50 Mn
Mar 31, 2016 3.50 Mn
Mar 31, 2016 3.50 Mn
Dec 31, 2015 5.73 Mn
Dec 31, 2015 5.73 Mn