Rithm Capital Corp. (RITM-PA) Asset Writedowns and Impairment (2013 - 2019)

Rithm Capital (RITM-PA) has reported Asset Writedowns and Impairment for 7 consecutive years, with $8.9 million the latest figure, recorded in Q2 2019.

• In Q2 2019, Asset Writedowns and Impairment fell 29.86% year-over-year to $8.9 million; the TTM figure through Jun 2019 stood at $32.9 million (up 46.8% YoY), while the FY2017 annual figure was $10.3 million, up 0.68% from the prior year.
• Asset Writedowns and Impairment rose to $8.9 million in Q2 2019 per RITM-PA's latest filing, from $7.5 million in the prior quarter.
• Across five years, Asset Writedowns and Impairment topped out at $12.6 million in Q2 2018 and bottomed at $649000.0 in Q2 2015.
• Historically, Asset Writedowns and Impairment has averaged $3.9 million across 5 years, with a median of $2.5 million in 2015.
• Annual changes were most pronounced in 2015 — Asset Writedowns and Impairment soared 456.7% — and 2017, when it slumped 35.1%.
• Rithm Capital's Asset Writedowns and Impairment stood at $2.5 million in 2015, then declined by 2.73% to $2.4 million in 2016, then slumped by 34.13% to $1.6 million in 2017, then jumped by 143.37% to $3.9 million in 2018, then soared by 127.8% to $8.9 million in 2019.
• Business Quant data shows RITM-PA's Asset Writedowns and Impairment at $8.9 million in Q2 2019, $7.5 million in Q1 2019, and $3.9 million in Q3 2018.