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 down 337.04% YoY from $27.0 million in Q1 2024.
Rivian Automotive (RIVN) Asset Writedowns and Impairment (2021 - 2024) Analysis & Trends
Rivian Automotive has reported Asset Writedowns and Impairment for 4 years, with the latest figure at -$64.0 million in Q4 2024.
- Quarterly Asset Writedowns and Impairment fell 337.04% year-over-year to -$64.0 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $66.0 million (down 79.31% YoY) and the FY2024 annual result came in at $66.0 million, down 79.31% 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.
- Over five years, Asset Writedowns and Impairment peaked at $612.0 million in Q4 2021 and troughed at -$180.0 million in Q2 2024.
- A 4-year average of $139.1 million and a median of $92.5 million in 2022 frame the typical range for Asset Writedowns and Impairment.
- The sharpest annual moves came in 2022 and 2024: Asset Writedowns and Impairment surged 1174.19% in 2022, then plunged 1900.0% in 2024.
- Over 4 years, Asset Writedowns and Impairment stood at $612.0 million in 2021, then slumped by 63.4% to $224.0 million in 2022, then sank by 87.95% to $27.0 million in 2023, then plunged by 337.04% to -$64.0 million in 2024.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered -$64.0 million, -$18.0 million, and -$180.0 million for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Toyota Motor | 254.16 Bn | 125.71 Bn | 12.27 Bn |
| 2 | General Motors | 75.74 Bn | 52.66 Bn | 7.33 Bn |
| 3 | Rivian Automotive | 22.24 Bn | 16.95 Bn | 179.00 Mn |
| 4 | Li Auto | 12.31 Bn | 6.49 Bn | 417.98 Mn |
| 5 | Xpeng | 11.18 Bn | 8.87 Bn | 601.83 Mn |
| 6 | Lucid | 1.95 Bn | 1.19 Bn | -426.73 Mn |
| 7 | China Yuchai International | 1.49 Bn | -274.93 Mn | 317.01 Mn |
| 8 | Lotus Technology | 32.10 Mn | -51.80 Mn | 16.47 Mn |
| 9 | Faraday Future Intelligent Electric | 19.08 Mn | 21.87 Mn | -10.70 Mn |
| 10 | Fabric.AI | 11.76 Mn | -9.92 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 | 27.00 Mn |
| Dec 31, 2023 | 27.00 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 |