Royal Caribbean Cruises (RCL) Asset Writedowns and Impairment (2013 - 2022)

Royal Caribbean Cruises (RCL) posted Asset Writedowns and Impairment of $1.1 million for Q4 2022, down 88.75% sequentially from $10.2 million in Q3 2022, and down 97.28% YoY from $42.1 million in Q4 2021.

Royal Caribbean Cruises (RCL) Asset Writedowns and Impairment (2013 - 2022) Analysis & Trends

Royal Caribbean Cruises has reported Asset Writedowns and Impairment for 6 years, with the latest figure at $1.1 million in Q4 2022.

  • Quarterly Asset Writedowns and Impairment fell 97.28% year-over-year to $1.1 million in Q4 2022, while the trailing twelve-month figure through Dec 2022 was $562000.0 (down 99.31% YoY) and the FY2022 annual result came in at $562000.0, down 99.31% from the prior year.
  • Asset Writedowns and Impairment declined to $1.1 million in Q4 2022 per RCL's latest filing, from $10.2 million in the prior quarter.
  • Over five years, Asset Writedowns and Impairment peaked at $1.1 billion in Q1 2020 and troughed at -$10.9 million in Q2 2022.
  • A 4-year average of $116.9 million and a median of $16.8 million in 2018 frame the typical range for Asset Writedowns and Impairment.
  • The widest YoY moves for Asset Writedowns and Impairment: up 4379.83% in 2022, down 126.94% in 2022.
  • Over 4 years, Asset Writedowns and Impairment stood at $10.3 million in 2018, then soared by 1514.09% to $166.4 million in 2020, then slumped by 74.72% to $42.1 million in 2021, then slumped by 97.28% to $1.1 million in 2022.
  • According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $1.1 million, $10.2 million, and -$10.9 million for Q4 2022, Q3 2022, and Q2 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Booking Holdings 158.46 Bn 141.25 Bn 4.98 Bn
2 Airbnb 106.78 Bn 94.71 Bn 2.98 Bn
3 Royal Caribbean Cruises 80.66 Bn 79.74 Bn 2.29 Bn
4 Viking Holdings 44.63 Bn 40.83 Bn 713.43 Mn
5 Expedia 38.98 Bn 31.85 Bn 3.91 Bn
6 Carnival 38.25 Bn 36.01 Bn -
7 Trip.com 29.13 Bn 17.43 Bn 1.86 Bn
8 Norwegian Cruise Line Holdings 8.43 Bn 8.21 Bn 1.05 Bn
9 MakeMyTrip 5.84 Bn 5.06 Bn 212.91 Mn
10 Global Business Travel 4.86 Bn 4.34 Bn 514.00 Mn

Historic Data

Download Data
DateValue
Dec 31, 2022 1.15 Mn
Dec 31, 2022 1.15 Mn
Sep 30, 2022 10.19 Mn
Sep 30, 2022 10.19 Mn
Jun 30, 2022 -10.94 Mn
Jun 30, 2022 -10.94 Mn
Mar 31, 2022 173,000.00
Mar 31, 2022 173,000.00
Dec 31, 2021 42.07 Mn
Dec 31, 2021 42.07 Mn
Sep 30, 2021 -238,000.00
Sep 30, 2021 -238,000.00
Jun 30, 2021 40.62 Mn
Jun 30, 2021 40.62 Mn
Mar 31, 2021 -449,000.00
Mar 31, 2021 -449,000.00
Dec 31, 2020 166.38 Mn
Dec 31, 2020 166.38 Mn
Sep 30, 2020 89.90 Mn
Sep 30, 2020 89.90 Mn