Parsons (PSN) Asset Writedowns and Impairment (2018 - 2023)
Parsons' (PSN) quarterly Asset Writedowns and Impairment came in at -$59000.0 in Q4 2023, down 198.33% year-on-year from $60000.0 in Q4 2022, and down 164.84% on a QoQ basis from $91000.0 in Q2 2023.
Parsons (PSN) Asset Writedowns and Impairment (2018 - 2023) Analysis & Trends
Parsons (PSN) has 6 years of Asset Writedowns and Impairment data on file, last reported at -$59000.0 in Q4 2023.
- On a quarterly basis, Asset Writedowns and Impairment fell 198.33% year-over-year to -$59000.0 in Q4 2023; TTM through Dec 2024 was -$59000.0, a 284.38% decrease from a year earlier, with the FY2023 full-year figure at $32000.0, down 43.86% from the prior year.
- Asset Writedowns and Impairment for Q4 2023 stood at -$59000.0, down from $91000.0 in the prior quarter.
- Over the last five years, Asset Writedowns and Impairment for PSN reached as high as $1.3 million in Q4 2019 and fell as low as -$1.6 million in Q4 2020.
- Historically, Asset Writedowns and Impairment has averaged -$93000.0 across 5 years, with a median of $2500.0 in 2021.
- Across the five-year window, Asset Writedowns and Impairment jumped 132.66% in 2019 and tumbled 224.16% in 2020, its largest moves.
- Year by year, Asset Writedowns and Impairment stood at $1.3 million in 2019, then tumbled by 224.16% to -$1.6 million in 2020, then soared by 100.51% to $8000.0 in 2021, then soared by 650.0% to $60000.0 in 2022, then slumped by 198.33% to -$59000.0 in 2023.
- Per Business Quant data, the three most recent Asset Writedowns and Impairment figures were -$59000.0 in Q4 2023, $91000.0 in Q2 2023, and $60000.0 in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn |
| 10 | Parsons | 6.27 Bn | 6.09 Bn | 357.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -59,000.00 |
| Dec 31, 2023 | -59,000.00 |
| Jun 30, 2023 | 91,000.00 |
| Jun 30, 2023 | 91,000.00 |
| Dec 31, 2022 | 60,000.00 |
| Dec 31, 2022 | 60,000.00 |
| Mar 31, 2022 | -3,000.00 |
| Mar 31, 2022 | -3,000.00 |
| Sep 30, 2021 | 8,000.00 |
| Sep 30, 2021 | 8,000.00 |
| Dec 31, 2020 | -1.56 Mn |
| Dec 31, 2020 | -1.56 Mn |
| Sep 30, 2020 | 16,000.00 |
| Sep 30, 2020 | 16,000.00 |
| Jun 30, 2020 | 38,000.00 |
| Jun 30, 2020 | 38,000.00 |
| Dec 31, 2019 | 1.25 Mn |
| Dec 31, 2019 | 1.25 Mn |
| Sep 30, 2019 | -98,000.00 |
| Sep 30, 2019 | -98,000.00 |