Omnitek Engineering (OMTK) Asset Writedowns and Impairment (2017 - 2021)
Omnitek Engineering (OMTK) reported Asset Writedowns and Impairment of $24901.0 for Q1 2021, down 0.6% on a YoY basis from $25052.0 in Q1 2020, and up 6793.82% quarter-over-quarter from -$372.0 in Q3 2020.
Omnitek Engineering (OMTK) Asset Writedowns and Impairment (2017 - 2021) Analysis & Trends
Omnitek Engineering has reported Asset Writedowns and Impairment for 5 years, with the latest figure at $24901.0 in Q1 2021.
- For the quarter ending Q1 2021, Asset Writedowns and Impairment fell 0.6% year-over-year to $24901.0; the trailing twelve-month figure through Mar 2022 stood at $49530.0 (down 33.59% YoY), and the FY2017 full-year result was $305458.0, changed N/A from the prior year.
- Asset Writedowns and Impairment for Q1 2021 stood at $24901.0, up from -$372.0 in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $305458.0 in Q4 2017, with the low at -$23333.0 in Q3 2019.
- Historically, Asset Writedowns and Impairment has averaged $45670.7 across 5 years, with a median of $25000.0 in 2018.
- Annual changes were most pronounced in 2020 — Asset Writedowns and Impairment jumped 98.41% — and 2021, when it declined 0.6%.
- Omnitek Engineering's Asset Writedowns and Impairment stood at $305458.0 in 2017, then plunged by 91.82% to $25000.0 in 2018, then sank by 193.33% to -$23333.0 in 2019, then jumped by 98.41% to -$372.0 in 2020, then soared by 6793.82% to $24901.0 in 2021.
- The last three Asset Writedowns and Impairment figures came in at $24901.0 (Q1 2021), -$372.0 (Q3 2020), and $25001.0 (Q2 2020), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | O Reilly Automotive | 76.00 Bn | 75.75 Bn | 2.35 Bn |
| 2 | Autozone | 51.46 Bn | 51.20 Bn | 2.52 Bn |
| 3 | Modine Manufacturing | 15.07 Bn | 14.98 Bn | 186.10 Mn |
| 4 | Borgwarner | 14.88 Bn | 15.05 Bn | 677.00 Mn |
| 5 | Genuine Parts | 14.73 Bn | 14.25 Bn | 2.34 Bn |
| 6 | Aptiv | 13.96 Bn | 10.89 Bn | 920.00 Mn |
| 7 | Aurora Innovation | 11.93 Bn | 10.71 Bn | -5.00 Mn |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn |
| 9 | Allison Transmission Holdings | 10.06 Bn | 9.75 Bn | 406.00 Mn |
| 10 | Omnitek Engineering | - | - | 80,613.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2021 | 24,901.00 |
| Mar 31, 2021 | 24,901.00 |
| Sep 30, 2020 | -372.00 |
| Sep 30, 2020 | -372.00 |
| Jun 30, 2020 | 25,001.00 |
| Jun 30, 2020 | 25,001.00 |
| Mar 31, 2020 | 25,052.00 |
| Mar 31, 2020 | 25,052.00 |
| Sep 30, 2019 | -23,333.00 |
| Sep 30, 2019 | -23,333.00 |
| Jun 30, 2019 | 25,000.00 |
| Jun 30, 2019 | 25,000.00 |
| Mar 31, 2019 | 25,000.00 |
| Mar 31, 2019 | 25,000.00 |
| Jun 30, 2018 | 25,000.00 |
| Jun 30, 2018 | 25,000.00 |
| Mar 31, 2018 | 25,000.00 |
| Mar 31, 2018 | 25,000.00 |
| Dec 31, 2017 | 305,458.00 |
| Dec 31, 2017 | 305,458.00 |