Growth Metrics

Reliance (RS) Asset Writedowns and Impairment (2016 - 2023)

Reliance (RS) has disclosed Asset Writedowns and Impairment for 9 consecutive years, with -$4.2 million as the latest value for Q4 2023.

  • Quarterly Asset Writedowns and Impairment fell 90.91% to -$4.2 million in Q4 2023 from the year-ago period, while the trailing twelve-month figure was -$7.0 million through Dec 2023, down 305.88% year-over-year, with the annual reading at $3.0 million for FY2025, 74.36% down from the prior year.
  • Asset Writedowns and Impairment for Q4 2023 was -$4.2 million at Reliance, down from $400000.0 in the prior quarter.
  • The five-year high for Asset Writedowns and Impairment was $9.5 million in Q3 2020, with the low at -$4.2 million in Q4 2023.
  • Average Asset Writedowns and Impairment over 5 years is $1.2 million, with a median of $800000.0 recorded in 2019.
  • The sharpest move saw Asset Writedowns and Impairment soared 2150.0% in 2021, then tumbled 175.0% in 2022.
  • Over 5 years, Asset Writedowns and Impairment stood at $1.2 million in 2019, then crashed by 383.33% to -$3.4 million in 2020, then skyrocketed by 76.47% to -$800000.0 in 2021, then crashed by 175.0% to -$2.2 million in 2022, then plummeted by 90.91% to -$4.2 million in 2023.
  • According to Business Quant data, Asset Writedowns and Impairment over the past three periods came in at -$4.2 million, $400000.0, and -$2.2 million for Q4 2023, Q3 2023, and Q4 2022 respectively.