Liberty Energy (LBRT) Asset Writedowns and Impairment (2019 - 2023)
Liberty Energy (LBRT) posted quarterly Asset Writedowns and Impairment of $2.2 million for Q2 2023, up 9066.67% quarter-over-quarter from $24000.0 in Q4 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.
- In Q2 2023, Asset Writedowns and Impairment changed N/A year-over-year to $2.2 million; the TTM figure through Sep 2023 stood at $3.9 million (up 2256.04% YoY), while the FY2022 annual figure was $1.7 million, changed N/A from the prior year.
- Asset Writedowns and Impairment for Q2 2023 stood at $2.2 million, up from $24000.0 in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $2.2 million in Q2 2023, with the low at -$1.9 million in Q3 2021.
- The 5-year median for Asset Writedowns and Impairment is $600000.0 (2019), against an average of $559222.2.
- The sharpest annual moves came in 2020 and 2022: Asset Writedowns and Impairment plunged 77.99% in 2020, then jumped 190.33% in 2022.
- Liberty Energy's Asset Writedowns and Impairment stood at $1.3 million in 2019, then slumped by 77.99% to $287000.0 in 2020, then plunged by 755.75% to -$1.9 million in 2021, then surged by 101.28% to $24000.0 in 2022, then surged by 9066.67% to $2.2 million in 2023.
- Business Quant data shows LBRT's Asset Writedowns and Impairment at $2.2 million in Q2 2023, $24000.0 in Q4 2022, and $1.7 million in Q3 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn |
| 10 | Liberty Energy | 3.17 Bn | 2.62 Bn | 208.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 2.20 Mn |
| Jun 30, 2023 | 2.20 Mn |
| Dec 31, 2022 | 24,000.00 |
| Dec 31, 2022 | 24,000.00 |
| 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 | 1.30 Mn |
| Dec 31, 2019 | 1.30 Mn |
| Sep 30, 2019 | 600,000.00 |
| Sep 30, 2019 | 600,000.00 |