Palatin Technologies PTN
NASDAQ PTN
$9.69 -0.76 (-7.23%)
At close: Aug 21, 2026 · 4:00 PM EDT

Palatin Technologies (PTN) Asset Writedowns and Impairment (2019 - 2022)

Palatin Technologies' (PTN) quarterly Asset Writedowns and Impairment came in at -$34413.0 in Q2 2022, down 138.13% YoY from $90259.0 in Q2 2021, and down 138.54% on a QoQ basis from $89284.0 in Q1 2022.

Palatin Technologies (PTN) Asset Writedowns and Impairment (2019 - 2022) Analysis & Trends

Palatin Technologies (PTN) has 4 years of Asset Writedowns and Impairment data on file, last reported at -$34413.0 in Q2 2022.

  • Quarterly Asset Writedowns and Impairment fell 138.13% year-over-year to -$34413.0 in Q2 2022, while the trailing twelve-month figure through Jun 2022 was $234443.0 (down 29.14% YoY) and the FY2022 annual result came in at $234443.0, down 29.14% from the prior year.
  • Asset Writedowns and Impairment eased to -$34413.0 in Q2 2022, from $89284.0 in the prior quarter.
  • In the past five years, Asset Writedowns and Impairment ranged from a high of $91481.0 in Q3 2021 to a low of -$34413.0 in Q2 2022.
  • A 4-year average of $71986.7 and a median of $77602.5 in 2020 frame the typical range for Asset Writedowns and Impairment.
  • Annual changes were most pronounced in 2021 — Asset Writedowns and Impairment increased 20.81% — and 2022, when it sank 138.13%.
  • Tracing PTN's Asset Writedowns and Impairment over 4 years: stood at $72790.0 in 2019, then gained by 5.41% to $76725.0 in 2020, then gained by 14.81% to $88091.0 in 2021, then plunged by 139.07% to -$34413.0 in 2022.
  • The last three Asset Writedowns and Impairment figures came in at -$34413.0 (Q2 2022), $89284.0 (Q1 2022), and $88091.0 (Q4 2021), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Vertex Pharmaceuticals 139.13 Bn 131.28 Bn 2.84 Bn
2 Regeneron Pharmaceuticals 85.77 Bn 77.77 Bn 3.93 Bn
3 Argenx Se 64.64 Bn 59.46 Bn 1.37 Bn
4 Moderna 58.29 Bn 53.16 Bn 52.00 Mn
5 BeOne Medicines 41.92 Bn 36.82 Bn 1.53 Bn
6 Alnylam Pharmaceuticals 31.58 Bn 28.28 Bn 992.69 Mn
7 BioNTech SE 28.12 Bn 9.73 Bn 668.28 Mn
8 Insmed 27.39 Bn 26.22 Bn 358.27 Mn
9 Royalty Pharma 27.27 Bn 26.43 Bn -
10 Palatin Technologies 40.37 Mn 40.37 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2022 -34,413.00
Jun 30, 2022 -34,413.00
Mar 31, 2022 89,284.00
Mar 31, 2022 89,284.00
Dec 31, 2021 88,091.00
Dec 31, 2021 88,091.00
Sep 30, 2021 91,481.00
Sep 30, 2021 91,481.00
Jun 30, 2021 90,259.00
Jun 30, 2021 90,259.00
Mar 31, 2021 88,133.00
Mar 31, 2021 88,133.00
Dec 31, 2020 76,725.00
Dec 31, 2020 76,725.00
Sep 30, 2020 75,722.00
Sep 30, 2020 75,722.00
Jun 30, 2020 78,480.00
Jun 30, 2020 78,480.00
Mar 31, 2020 75,175.00
Mar 31, 2020 75,175.00