Rivian Automotive (RIVN) Asset Writedowns and Impairment (2021 - 2024)
Rivian Automotive recorded quarterly Asset Writedowns and Impairment of -$64.0 million in Q4 2024, down 255.56% quarter-over-quarter from -$18.0 million in Q3 2024, and up 65.41% year-over-year from -$38.7 million in Q1 2024.
Rivian Automotive's Asset Writedowns and Impairment history runs 4 years deep, the most recent figure standing at -$64.0 million for Q4 2024.
- In Q4 2024, Asset Writedowns and Impairment rose 65.41% year-over-year to -$64.0 million; the TTM figure through Dec 2024 stood at $66.0 million (down 38.32% YoY), while the FY2024 annual figure was $66.0 million, down 38.32% from the prior year.
- Asset Writedowns and Impairment came in at -$64.0 million for Q4 2024 at Rivian Automotive, down from -$18.0 million in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $395.0 million in Q3 2022 to a low of -$185.0 million in Q4 2023.
- A 4-year average of $84.9 million and a median of $68.0 million in 2021 frame the typical range for Asset Writedowns and Impairment.
- Across the five-year window, Asset Writedowns and Impairment jumped 1174.19% in 2022 and tumbled 1900.0% in 2024, its largest moves.
- Rivian Automotive's Asset Writedowns and Impairment stood at $64.0 million in 2021, then soared by 250.0% to $224.0 million in 2022, then tumbled by 182.59% to -$185.0 million in 2023, then jumped by 65.41% 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 | Tesla | 1,345.47 Bn | 1,300.79 Bn | 4.72 Bn |
| 2 | General Motors | 75.49 Bn | 53.10 Bn | 4.32 Bn |
| 3 | Ferrari | 72.44 Bn | 70.64 Bn | - |
| 4 | Ford Motor | 66.63 Bn | 36.17 Bn | 7.94 Bn |
| 5 | Stellantis | 29.57 Bn | -7.31 Bn | 5.19 Bn |
| 6 | Rivian Automotive | 21.06 Bn | 16.25 Bn | 119.00 Mn |
| 7 | China Yuchai International | 16.90 Bn | 15.88 Bn | 317.01 Mn |
| 8 | VinFast Auto | 8.12 Bn | 11.12 Bn | - |
| 9 | Xpeng | 4.61 Bn | 1.71 Bn | - |
| 10 | Li Auto | 4.13 Bn | -4.66 Bn | 733.67 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 |
| Jun 30, 2022 | 113.00 Mn |
| Jun 30, 2022 | 113.00 Mn |
| Mar 31, 2022 | 188.00 Mn |
| Mar 31, 2022 | 188.00 Mn |
| Dec 31, 2021 | 64.00 Mn |
| Dec 31, 2021 | 64.00 Mn |
| Sep 30, 2021 | 31.00 Mn |
| Sep 30, 2021 | 31.00 Mn |