Reliance (RS) Asset Writedowns and Impairment (2016 - 2023)
Reliance (RS) has disclosed Asset Writedowns and Impairment for 9 consecutive years, with -$700000.0 as the latest value for Q4 2023.
- On a quarterly basis, Asset Writedowns and Impairment rose 68.18% to -$700000.0 in Q4 2023 year-over-year; TTM through Dec 2023 was -$3.5 million, a 202.94% decrease, with the full-year FY2025 number at $9.9 million, up 350.0% from a year prior.
- Asset Writedowns and Impairment was -$700000.0 for Q4 2023 at Reliance, down from $400000.0 in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $4.5 million in Q1 2021 to a low of -$88.7 million in Q3 2020.
- A 5-year average of -$4.3 million and a median of $400000.0 in 2023 define the central range for Asset Writedowns and Impairment.
- Biggest YoY gain for Asset Writedowns and Impairment was 1000.0% in 2021; the steepest drop was 6000.0% in 2021.
- Reliance's Asset Writedowns and Impairment stood at $2.2 million in 2019, then crashed by 95.45% to $100000.0 in 2020, then tumbled by 6000.0% to -$5.9 million in 2021, then soared by 62.71% to -$2.2 million in 2022, then soared by 68.18% to -$700000.0 in 2023.
- Per Business Quant, the three most recent readings for RS's Asset Writedowns and Impairment are -$700000.0 (Q4 2023), $400000.0 (Q3 2023), and -$2.2 million (Q4 2022).