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
DateValue
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