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
DateValue
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