Parsons (PSN) Asset Writedowns and Impairment (2018 - 2023)
Parsons (PSN) posted quarterly Asset Writedowns and Impairment of -$59000.0 for Q4 2023, down 198.33% year-over-year from $60000.0 in Q4 2022, and down 164.84% quarter-over-quarter from $91000.0 in Q2 2023.
Parsons (PSN) Asset Writedowns and Impairment (2018 - 2023) Analysis & Trends
Parsons (PSN) has reported Asset Writedowns and Impairment for 6 consecutive years, with -$59000.0 the latest figure, recorded in Q4 2023.
- In Q4 2023, Asset Writedowns and Impairment fell 198.33% year-over-year to -$59000.0; the TTM figure through Dec 2024 stood at -$59000.0 (down 284.38% YoY), while the FY2023 annual figure was $32000.0, down 43.86% from the prior year.
- Asset Writedowns and Impairment declined to -$59000.0 in Q4 2023 per PSN's latest filing, from $91000.0 in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $1.3 million in Q4 2019 and bottomed at -$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.
- Annual changes were most pronounced in 2019 — Asset Writedowns and Impairment soared 132.66% — and 2020, when it sank 224.16%.
- Parsons' Asset Writedowns and Impairment stood at $1.3 million in 2019, then tumbled by 224.16% to -$1.6 million in 2020, then jumped by 100.51% to $8000.0 in 2021, then jumped by 650.0% to $60000.0 in 2022, then slumped by 198.33% to -$59000.0 in 2023.
- Business Quant data shows PSN's Asset Writedowns and Impairment at -$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 | 222.17 Bn | 210.81 Bn | 9.91 Bn |
| 2 | Accenture | 113.08 Bn | 102.91 Bn | 6.13 Bn |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - |
| 5 | Cognizant Technology Solutions | 28.83 Bn | 27.78 Bn | 1.83 Bn |
| 6 | Fidelity National Information Services | 21.35 Bn | 20.61 Bn | 1.17 Bn |
| 7 | Broadridge Financial Solutions | 21.18 Bn | 20.78 Bn | 853.00 Mn |
| 8 | Wipro | 19.66 Bn | 18.59 Bn | 738.00 Mn |
| 9 | Leidos Holdings | 17.81 Bn | 17.07 Bn | 817.00 Mn |
| 10 | Parsons | 5.23 Bn | 4.96 Bn | 295.24 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 |