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| Date | Value |
|---|---|
| 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 |