Matrix Service (MTRX) Asset Writedowns and Impairment (2010 - 2024)

Matrix Service has disclosed Asset Writedowns and Impairment across 15 years of filings, most recently posting $33000.0 for Q2 2024.

• In Q2 2024, Asset Writedowns and Impairment fell 99.73% year-over-year to $33000.0; the TTM figure through Jun 2024 stood at $24.7 million (changed 0.49% YoY), while the FY2023 annual figure was $12.3 million, down 32.74% from the prior year.
• Asset Writedowns and Impairment retreated to $33000.0 in Q2 2024, from $12.4 million in the prior quarter.
• Over the last five years, Asset Writedowns and Impairment for MTRX reached as high as $18.3 million in Q1 2022 and fell as low as -$88000.0 in Q3 2022.
• The 5-year median for Asset Writedowns and Impairment is $275500.0 (2021), against an average of $4.7 million.
• Annual changes were most pronounced in 2022 — Asset Writedowns and Impairment plunged 2300.0% — and 2023, when it jumped 309575.0%.
• A 5-year view of Asset Writedowns and Impairment shows it stood at -$64000.0 in 2020, then jumped by 106.25% to $4000.0 in 2021, then jumped by 307800.0% to $12.3 million in 2022, then gained by 0.51% to $12.4 million in 2023, then slumped by 99.73% to $33000.0 in 2024.
• According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $33000.0, $12.4 million, and $12.3 million for Q2 2024, Q2 2023, and Q4 2022 respectively.