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.

• On a quarterly basis, Asset Writedowns and Impairment rose 68.18% year-over-year to -$700000.0 in Q4 2023; TTM through Dec 2023 was -$3.5 million, a 202.94% decrease from a year earlier, with the FY2025 full-year figure at $9.9 million, down 15.38% from the prior year.
• Asset Writedowns and Impairment was -$700000.0 for Q4 2023 at Reliance, down from $400000.0 in the prior quarter.
• Over five years, Asset Writedowns and Impairment peaked at $97.7 million in Q1 2020 and troughed at -$2.2 million in Q4 2022.
• A 5-year average of $6.9 million and a median of $1.3 million in 2019 frame the typical range for Asset Writedowns and Impairment.
• Across the five-year window, Asset Writedowns and Impairment surged 5647.06% in 2020 and tumbled 900.0% in 2021, its largest moves.
• Over 5 years, Asset Writedowns and Impairment stood at -$1.8 million in 2019, then surged 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 jumped by 68.18% to -$700000.0 in 2023.
• The last three Asset Writedowns and Impairment figures came in at -$700000.0 (Q4 2023), $400000.0 (Q3 2023), and -$2.2 million (Q4 2022), per Business Quant data.