Ppg Industries (PPG) Asset Writedowns and Impairment (2018 - 2023)
Ppg Industries (PPG) posted quarterly Asset Writedowns and Impairment of $160.0 million for Q4 2023, up 15900.0% year-over-year from N/an in Q4 2022, and up 8.84% quarter-over-quarter from $147.0 million in Q1 2023.
Ppg Industries (PPG) Asset Writedowns and Impairment (2018 - 2023) Analysis & Trends
Ppg Industries (PPG) has reported Asset Writedowns and Impairment for 5 consecutive years, with $160.0 million the latest figure, recorded in Q4 2023.
- In Q4 2023, Asset Writedowns and Impairment rose 15900.0% year-over-year to $160.0 million; the TTM figure through Dec 2023 stood at $307.0 million (up 248.86% YoY), while the FY2025 annual figure was $24.0 million, down 83.56% from the prior year.
- Asset Writedowns and Impairment improved to $160.0 million in Q4 2023 per PPG's latest filing, from $147.0 million in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $160.0 million in Q4 2023 and bottomed at -$60.0 million in Q2 2022.
- Historically, Asset Writedowns and Impairment has averaged $72.7 million across 4 years, with a median of $93.0 million in 2020.
- On a YoY basis, Asset Writedowns and Impairment climbed as much as 15900.0% in 2023 and fell as far as 0.0% in 2023.
- Ppg Industries' Asset Writedowns and Impairment stood at $93.0 million in 2020, then plunged by 77.42% to $21.0 million in 2021, then slumped by 95.24% to $1.0 million in 2022, then surged by 15900.0% to $160.0 million in 2023.
- Business Quant data shows PPG's Asset Writedowns and Impairment at $160.0 million in Q4 2023, $147.0 million in Q1 2023, and $1.0 million in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Linde | 225.67 Bn | 220.77 Bn | 4.43 Bn |
| 2 | Sherwin Williams | 84.74 Bn | 84.44 Bn | 3.34 Bn |
| 3 | Ecolab | 78.90 Bn | 73.77 Bn | 1.95 Bn |
| 4 | Air Products & Chemicals | 68.19 Bn | 67.21 Bn | 1.04 Bn |
| 5 | Ppg Industries | 25.36 Bn | 23.77 Bn | 1.81 Bn |
| 6 | Chemical & Mining Co Of Chile | 23.48 Bn | 19.61 Bn | 778.60 Mn |
| 7 | LyondellBasell Industries | 21.91 Bn | 19.28 Bn | 2.04 Bn |
| 8 | International Flavors & Fragrances | 21.51 Bn | 20.94 Bn | 853.00 Mn |
| 9 | DuPont de Nemours | 18.83 Bn | 17.09 Bn | 639.00 Mn |
| 10 | Albemarle | 16.94 Bn | 15.31 Bn | 590.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 160.00 Mn |
| Dec 31, 2023 | 160.00 Mn |
| Mar 31, 2023 | 147.00 Mn |
| Mar 31, 2023 | 147.00 Mn |
| Dec 31, 2022 | 1.00 Mn |
| Dec 31, 2022 | 1.00 Mn |
| Jun 30, 2022 | -60.00 Mn |
| Jun 30, 2022 | -60.00 Mn |
| Mar 31, 2022 | 147.00 Mn |
| Mar 31, 2022 | 147.00 Mn |
| Sep 30, 2021 | 21.00 Mn |
| Sep 30, 2021 | 21.00 Mn |
| Dec 31, 2020 | 93.00 Mn |
| Dec 31, 2020 | 93.00 Mn |
| Dec 31, 2018 | -9.00 Mn |
| Dec 31, 2018 | -9.00 Mn |
| Jun 30, 2018 | 9.00 Mn |
| Jun 30, 2018 | 9.00 Mn |