Orthofix Medical (OFIX) Asset Writedowns and Impairment (2010 - 2019)

Orthofix Medical (OFIX) recorded quarterly Asset Writedowns and Impairment of $1.0 million in Q4 2019, up 361.88% on a QoQ basis from $223000.0 in Q3 2019, and up 3778.57% year-over-year from $26556.2 in Q4 2018.

Orthofix Medical (OFIX) Asset Writedowns and Impairment (2010 - 2019) Analysis & Trends

Orthofix Medical has disclosed Asset Writedowns and Impairment across 9 years of filings, most recently posting $1.0 million for Q4 2019.

  • Quarterly Asset Writedowns and Impairment rose 3778.57% year-over-year to $1.0 million in Q4 2019, while the trailing twelve-month figure through Dec 2019 was $1.9 million (up 415.69% YoY) and the FY2022 annual result came in at $2.1 million, up 371.85% from the prior year.
  • Asset Writedowns and Impairment climbed to $1.0 million in Q4 2019, from $223000.0 in the prior quarter.
  • Over five years, Asset Writedowns and Impairment peaked at $4.8 million in Q3 2017 and troughed at -$3.9 million in Q4 2017.
  • A 4-year average of $253000.0 and a median of $162500.0 in 2016 frame the typical range for Asset Writedowns and Impairment.
  • Biggest YoY gain for Asset Writedowns and Impairment was 4571.57% in 2017; the steepest drop was 6903.45% in 2017.
  • Tracing OFIX's Asset Writedowns and Impairment over 4 years: stood at $58000.0 in 2016, then tumbled by 6903.45% to -$3.9 million in 2017, then soared by 99.29% to -$28000.0 in 2018, then surged by 3778.57% to $1.0 million in 2019.
  • Business Quant data shows OFIX's Asset Writedowns and Impairment at $1.0 million in Q4 2019, $223000.0 in Q3 2019, and $592000.0 in Q2 2019.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn
10 Orthofix Medical 382.66 Mn 261.79 Mn 139.55 Mn

Historic Data

Download Data
DateValue
Dec 31, 2019 1.03 Mn
Dec 31, 2019 1.03 Mn
Sep 30, 2019 223,000.00
Sep 30, 2019 223,000.00
Jun 30, 2019 592,000.00
Jun 30, 2019 592,000.00
Mar 31, 2019 46,000.00
Mar 31, 2019 46,000.00
Dec 31, 2018 -28,000.00
Dec 31, 2018 -28,000.00
Sep 30, 2018 -211,000.00
Sep 30, 2018 -211,000.00
Jun 30, 2018 -325,000.00
Jun 30, 2018 -325,000.00
Mar 31, 2018 -35,000.00
Mar 31, 2018 -35,000.00
Dec 31, 2017 -3.95 Mn
Dec 31, 2017 -3.95 Mn
Sep 30, 2017 4.77 Mn
Sep 30, 2017 4.77 Mn