Posco Holdings (PKX) Asset Writedowns and Impairment (2009 - 2023)
Posco Holdings (PKX) posted Asset Writedowns and Impairment of $214.7 million for Q4 2023, up 4458.74% sequentially from -$4.9 million in Q3 2023, and up 227788.03% YoY from N/an in Q4 2022.
Posco Holdings (PKX) Asset Writedowns and Impairment (2009 - 2023) Analysis & Trends
Posco Holdings has reported Asset Writedowns and Impairment for 13 years, with the latest figure at $214.7 million in Q4 2023.
- Quarterly Asset Writedowns and Impairment rose 227788.03% year-over-year to $214.7 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $207.3 million (up 5441.8% YoY) and the FY2025 annual result came in at $93.8 million, down 79.0% from the prior year.
- Asset Writedowns and Impairment climbed to $214.7 million in Q4 2023 per PKX's latest filing, from -$4.9 million in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at $214.7 million in Q4 2023 and troughed at -$68.4 million in Q4 2019.
- A 5-year average of $8.6 million and a median of -$1.0 million in 2020 frame the typical range for Asset Writedowns and Impairment.
- The sharpest annual moves came in 2021 and 2023: Asset Writedowns and Impairment plunged 1729.3% in 2021, then jumped 227788.03% in 2023.
- Over 5 years, Asset Writedowns and Impairment stood at -$68.4 million in 2019, then jumped by 147.75% to $32.6 million in 2020, then tumbled by 100.94% to -$306741.1 in 2021, then soared by 69.27% to -$94276.5 in 2022, then jumped by 227788.03% to $214.7 million in 2023.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $214.7 million, -$4.9 million, and -$2.4 million for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ternium | 108.84 Bn | 98.95 Bn | 941.02 Mn |
| 2 | Nucor | 55.75 Bn | 53.05 Bn | 2.03 Bn |
| 3 | ArcelorMittal | 54.97 Bn | 50.12 Bn | - |
| 4 | Steel Dynamics | 32.99 Bn | 32.40 Bn | 958.97 Mn |
| 5 | Reliance | 19.82 Bn | 19.59 Bn | 1.30 Bn |
| 6 | Cleveland-Cliffs | 6.46 Bn | 6.39 Bn | 132.00 Mn |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.53 Bn | 2.97 Bn | - |
| 9 | Posco Holdings | 4.32 Bn | 1.83 Bn | 1.04 Bn |
| 10 | Worthington Steel | 1.74 Bn | 1.66 Bn | 118.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 214.66 Mn |
| Dec 31, 2023 | 214.66 Mn |
| Sep 30, 2023 | -4.92 Mn |
| Sep 30, 2023 | -4.92 Mn |
| Jun 30, 2023 | -2.36 Mn |
| Jun 30, 2023 | -2.36 Mn |
| Dec 31, 2022 | -94,276.49 |
| Dec 31, 2022 | -94,276.49 |
| Sep 30, 2022 | -4.56 Mn |
| Sep 30, 2022 | -4.56 Mn |
| Jun 30, 2022 | 1.11 Mn |
| Jun 30, 2022 | 1.11 Mn |
| Mar 31, 2022 | -334,638.25 |
| Mar 31, 2022 | -334,638.25 |
| Dec 31, 2021 | -306,741.09 |
| Dec 31, 2021 | -306,741.09 |
| Sep 30, 2021 | -2.59 Mn |
| Sep 30, 2021 | -2.59 Mn |
| Jun 30, 2021 | -5.48 Mn |
| Jun 30, 2021 | -5.48 Mn |