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 has reported Asset Writedowns and Impairment for 10 years, with the latest figure 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.
  • Over five years, Asset Writedowns and Impairment peaked at $7.9 million in Q2 2020 and troughed at $500000.0 in Q1 2019.
  • A 4-year average of $2.7 million and a median of $1.9 million in 2021 frame the typical range for Asset Writedowns and Impairment.
  • The widest YoY moves for Asset Writedowns and Impairment: up 61.54% in 2019, down 61.54% in 2019.
  • Over 4 years, Asset Writedowns and Impairment stood at $1.3 million in 2018, then surged by 61.54% to $2.1 million in 2019, then soared by 276.19% to $7.9 million in 2020, then plunged by 75.95% to $1.9 million in 2021.
  • According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $1.9 million, $7.9 million, and $2.1 million for Q3 2021, Q2 2020, and Q4 2019 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Uxin 79.73 Bn 79.73 Bn -
2 Carvana 51.35 Bn 48.61 Bn 1.38 Bn
3 Penske Automotive 14.30 Bn 14.23 Bn 1.36 Bn
4 Lithia Motors 8.61 Bn 8.24 Bn 1.50 Bn
5 Carmax 8.31 Bn 7.72 Bn 854.41 Mn
6 Autonation 7.03 Bn 6.98 Bn 1.23 Bn
7 Autozi Internet Technology (Global) 6.46 Bn 6.28 Bn -
8 Rush Enterprises Inc \Tx\ 6.31 Bn 6.05 Bn 361.67 Mn
9 Valvoline 4.29 Bn 4.20 Bn 214.90 Mn
10 Openlane 4.28 Bn 4.09 Bn 248.20 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