Reliance (RS) Asset Writedowns and Impairment (2015 - 2023)

Reliance (RS) has reported Asset Writedowns and Impairment for 9 consecutive years, with -$700000.0 the latest figure, recorded in Q4 2023.

• In Q4 2023, Asset Writedowns and Impairment rose 68.18% year-over-year to -$700000.0; the TTM figure through Dec 2023 stood at -$3.5 million (down 202.94% YoY), while the FY2025 annual figure was $9.9 million, down 15.38% from the prior year.
• Asset Writedowns and Impairment retreated to -$700000.0 in Q4 2023 per RS's latest filing, from $400000.0 in the prior quarter.
• Across five years, Asset Writedowns and Impairment topped out at $97.7 million in Q1 2020 and bottomed at -$2.2 million in Q4 2022.
• Historically, Asset Writedowns and Impairment has averaged $6.9 million across 5 years, with a median of $1.3 million in 2019.
• Annual changes were most pronounced in 2020 — Asset Writedowns and Impairment soared 5647.06% — and 2021, when it slumped 900.0%.
• Reliance's Asset Writedowns and Impairment stood at -$1.8 million in 2019, then jumped by 105.56% to $100000.0 in 2020, then plunged by 900.0% to -$800000.0 in 2021, then sank by 175.0% to -$2.2 million in 2022, then soared by 68.18% to -$700000.0 in 2023.
• Business Quant data shows RS's Asset Writedowns and Impairment at -$700000.0 in Q4 2023, $400000.0 in Q3 2023, and -$2.2 million in Q4 2022.