Liberty Energy (LBRT) Asset Writedowns and Impairment (2019 - 2023)
Liberty Energy's (LBRT) quarterly Asset Writedowns and Impairment came in at $2.2 million in Q2 2023, up 29.41% quarter-over-quarter from $1.7 million in Q3 2022.
Liberty Energy (LBRT) Asset Writedowns and Impairment (2019 - 2023) Analysis & Trends
Liberty Energy's Asset Writedowns and Impairment history runs 5 years deep, the most recent figure standing at $2.2 million for Q2 2023.
- On a quarterly basis, Asset Writedowns and Impairment changed N/A year-over-year to $2.2 million in Q2 2023; TTM through Sep 2023 was $3.9 million, a 2242.86% increase from a year earlier, with the FY2022 full-year figure at $1.7 million, changed N/A from the prior year.
- Asset Writedowns and Impairment improved to $2.2 million in Q2 2023 per LBRT's latest filing, from $1.7 million in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $2.2 million in Q2 2023 and bottomed at -$1.9 million in Q3 2021.
- The 5-year median for Asset Writedowns and Impairment is $650000.0 (2019), against an average of $632250.0.
- Across the five-year window, Asset Writedowns and Impairment sank 78.79% in 2020 and jumped 190.33% in 2022, its largest moves.
- Year by year, Asset Writedowns and Impairment stood at $1.4 million in 2019, then sank by 78.79% to $287000.0 in 2020, then tumbled by 755.75% to -$1.9 million in 2021, then soared by 190.33% to $1.7 million in 2022, then increased by 29.41% to $2.2 million in 2023.
- Per Business Quant, the three latest LBRT Asset Writedowns and Impairment figures stand at $2.2 million (Q2 2023), $1.7 million (Q3 2022), and -$1.9 million (Q3 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn |
| 10 | Liberty Energy | 2.84 Bn | 2.14 Bn | 177.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 2.20 Mn |
| Jun 30, 2023 | 2.20 Mn |
| Sep 30, 2022 | 1.70 Mn |
| Sep 30, 2022 | 1.70 Mn |
| Sep 30, 2021 | -1.88 Mn |
| Sep 30, 2021 | -1.88 Mn |
| Dec 31, 2020 | 287,000.00 |
| Dec 31, 2020 | 287,000.00 |
| Jun 30, 2020 | 100,000.00 |
| Jun 30, 2020 | 100,000.00 |
| Mar 31, 2020 | 700,000.00 |
| Mar 31, 2020 | 700,000.00 |
| Dec 31, 2019 | 1.35 Mn |
| Dec 31, 2019 | 1.35 Mn |
| Sep 30, 2019 | 600,000.00 |
| Sep 30, 2019 | 600,000.00 |