Liberty Energy (LBRT) Asset Writedowns and Impairment (2019 - 2023)
Liberty Energy (LBRT) recorded quarterly Asset Writedowns and Impairment of $2.2 million in 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 4 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 130.82% YoY), while the FY2022 annual figure was $1.7 million, changed N/A from the prior year.
- Asset Writedowns and Impairment was $2.2 million for Q2 2023 at Liberty Energy, up from $24000.0 in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $2.2 million in Q2 2023 to a low of $24000.0 in Q4 2022.
- Historically, Asset Writedowns and Impairment has averaged $864375.0 across 4 years, with a median of $650000.0 in 2019.
- Biggest YoY gain for Asset Writedowns and Impairment was 77.99% in 2020; the steepest drop was 77.99% in 2020.
- A 4-year view of Asset Writedowns and Impairment shows it stood at $1.3 million in 2019, then tumbled by 77.99% to $287000.0 in 2020, then slumped by 91.64% to $24000.0 in 2022, then soared by 9066.67% to $2.2 million in 2023.
- The last three Asset Writedowns and Impairment figures came in at $2.2 million (Q2 2023), $24000.0 (Q4 2022), and $1.7 million (Q3 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn |
| 10 | Liberty Energy | 4.61 Bn | 3.91 Bn | 177.37 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 |
| 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 |