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
DateValue
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