Omnitek Engineering (OMTK) Asset Writedowns and Impairment (2017 - 2021)

Omnitek Engineering (OMTK) posted Asset Writedowns and Impairment of $24901.0 for Q1 2021, up 6793.82% quarter-over-quarter from -$372.0 in Q3 2020, and down 0.6% year-on-year from $25052.0 in Q1 2020.

Omnitek Engineering (OMTK) Asset Writedowns and Impairment (2017 - 2021) Analysis & Trends

Omnitek Engineering (OMTK) has reported Asset Writedowns and Impairment for 5 consecutive years, with $24901.0 the latest figure, recorded in Q1 2021.

  • Asset Writedowns and Impairment for Q1 2021 came in at $24901.0, down 0.6% year-over-year; the trailing twelve-month figure through Mar 2022 was $49530.0 (down 33.59% YoY), and the FY2017 annual result was $305458.0, changed N/A from the prior year.
  • Asset Writedowns and Impairment was $24901.0 for Q1 2021 at Omnitek Engineering, up from -$372.0 in the prior quarter.
  • Over five years, Asset Writedowns and Impairment peaked at $305458.0 in Q4 2017 and troughed at -$23333.0 in Q3 2019.
  • Average Asset Writedowns and Impairment over 5 years is $45670.7, with a median of $25000.0 recorded in 2018.
  • Year-over-year, Asset Writedowns and Impairment soared 98.41% in 2020 and retreated 0.6% in 2021.
  • Over 5 years, Asset Writedowns and Impairment stood at $305458.0 in 2017, then tumbled by 91.82% to $25000.0 in 2018, then plunged 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.
  • Per Business Quant data, the three most recent Asset Writedowns and Impairment figures were $24901.0 in Q1 2021, -$372.0 in Q3 2020, and $25001.0 in Q2 2020.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Advance Auto Parts 65.13 Bn 62.01 Bn 869.00 Mn
2 Autozone 53.07 Bn 52.82 Bn 2.52 Bn
3 Magna International 17.54 Bn 16.29 Bn 1.42 Bn
4 Genuine Parts 16.15 Bn 15.67 Bn 2.34 Bn
5 Aurora Innovation 13.77 Bn 12.55 Bn -5.00 Mn
6 Borgwarner 13.21 Bn 13.37 Bn 677.00 Mn
7 Aptiv 12.84 Bn 9.76 Bn 920.00 Mn
8 Autoliv 8.73 Bn 8.37 Bn 526.00 Mn
9 Modine Manufacturing 8.68 Bn 8.59 Bn 186.10 Mn
10 Omnitek Engineering 219,480.91 126,762.91 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