Rivian Automotive (RIVN) Asset Writedowns and Impairment (2021 - 2024)
Rivian Automotive (RIVN) posted Asset Writedowns and Impairment of -$64.0 million for Q4 2024, down 255.56% sequentially from -$18.0 million in Q3 2024, and up 65.41% YoY from -$38.7 million in Q1 2024.
Rivian Automotive (RIVN) Asset Writedowns and Impairment (2021 - 2024) Analysis & Trends
Rivian Automotive (RIVN) has 4 years of Asset Writedowns and Impairment data on file, last reported at -$64.0 million in Q4 2024.
- Quarterly Asset Writedowns and Impairment rose 65.41% year-over-year to -$64.0 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $66.0 million (down 38.32% YoY) and the FY2024 annual result came in at $66.0 million, down 38.32% from the prior year.
- Asset Writedowns and Impairment fell to -$64.0 million in Q4 2024 per RIVN's latest filing, from -$18.0 million in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $395.0 million in Q3 2022, with the low at -$185.0 million in Q4 2023.
- Average Asset Writedowns and Impairment over 4 years is $84.9 million, with a median of $68.0 million recorded in 2021.
- Year-over-year, Asset Writedowns and Impairment jumped 1174.19% in 2022 and slumped 1900.0% in 2024.
- Rivian Automotive's Asset Writedowns and Impairment stood at $64.0 million in 2021, then surged by 250.0% to $224.0 million in 2022, then sank by 182.59% to -$185.0 million in 2023, then soared by 65.41% to -$64.0 million in 2024.
- Business Quant data shows RIVN's Asset Writedowns and Impairment at -$64.0 million in Q4 2024, -$18.0 million in Q3 2024, and -$180.0 million in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn |
| 10 | China Yuchai International | 1.74 Bn | 678.93 Mn | 317.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -64.00 Mn |
| Dec 31, 2024 | -64.00 Mn |
| Sep 30, 2024 | -18.00 Mn |
| Sep 30, 2024 | -18.00 Mn |
| Jun 30, 2024 | -180.00 Mn |
| Jun 30, 2024 | -180.00 Mn |
| Mar 31, 2024 | 328.00 Mn |
| Mar 31, 2024 | 328.00 Mn |
| Dec 31, 2023 | -185.00 Mn |
| Dec 31, 2023 | -185.00 Mn |
| Sep 30, 2023 | 72.00 Mn |
| Sep 30, 2023 | 72.00 Mn |
| Jun 30, 2023 | -9.00 Mn |
| Jun 30, 2023 | -9.00 Mn |
| Mar 31, 2023 | 229.00 Mn |
| Mar 31, 2023 | 229.00 Mn |
| Dec 31, 2022 | 224.00 Mn |
| Dec 31, 2022 | 224.00 Mn |
| Sep 30, 2022 | 395.00 Mn |
| Sep 30, 2022 | 395.00 Mn |