LexinFintech Holdings (LX) Asset Writedowns and Impairment (2016 - 2020)
LexinFintech Holdings (LX) posted Asset Writedowns and Impairment of -$5.2 million for Q4 2020, down 199.4% sequentially from $5.2 million in Q3 2020.
LexinFintech Holdings (LX) Asset Writedowns and Impairment (2016 - 2020) Analysis & Trends
LexinFintech Holdings (LX) has 4 years of Asset Writedowns and Impairment data on file, last reported at -$5.2 million in Q4 2020.
- Quarterly Asset Writedowns and Impairment changed N/A year-over-year to -$5.2 million in Q4 2020, while the trailing twelve-month figure through Dec 2020 was $1.5 million (changed N/A YoY) and the FY2023 annual result came in at $42.5 million, up 693.84% from the prior year.
- Asset Writedowns and Impairment declined to -$5.2 million in Q4 2020 per LX's latest filing, from $5.2 million in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $5.2 million in Q3 2020, with the low at -$5.2 million in Q4 2020.
- Average Asset Writedowns and Impairment over 4 years is $264851.3, with a median of $437500.0 recorded in 2017.
- Year-over-year, Asset Writedowns and Impairment surged 117.31% in 2017 and jumped 955.24% in 2018.
- LexinFintech Holdings' Asset Writedowns and Impairment stood at -$825892.5 in 2016, then soared by 117.31% to $143000.0 in 2017, then jumped by 955.24% to $1.5 million in 2018, then tumbled by 443.14% to -$5.2 million in 2020.
- Business Quant data shows LX's Asset Writedowns and Impairment at -$5.2 million in Q4 2020, $5.2 million in Q3 2020, and $1.5 million in Q4 2018.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn |
| 10 | LexinFintech Holdings | 422,180.00 | -142.05 Mn | 112.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2020 | -5.18 Mn |
| Dec 31, 2020 | -5.18 Mn |
| Sep 30, 2020 | 5.21 Mn |
| Sep 30, 2020 | 5.21 Mn |
| Dec 31, 2018 | 1.51 Mn |
| Dec 31, 2018 | 1.51 Mn |
| Jun 30, 2018 | 732,000.00 |
| Jun 30, 2018 | 732,000.00 |
| Dec 31, 2017 | 143,000.00 |
| Dec 31, 2017 | 143,000.00 |
| Dec 31, 2016 | -825,892.46 |
| Dec 31, 2016 | -825,892.46 |