Rythm (RYM) Asset Writedowns and Impairment (2022 - 2024)

Rythm (RYM) posted Asset Writedowns and Impairment of -$741000.0 for Q3 2024, down 9.45% quarter-over-quarter from -$677000.0 in Q2 2024, and up 71.25% year-on-year from -$432711.8 in Q4 2023.

Rythm (RYM) Asset Writedowns and Impairment (2022 - 2024) Analysis & Trends

Rythm (RYM) has reported Asset Writedowns and Impairment for 3 consecutive years, with -$741000.0 the latest figure, recorded in Q3 2024.

  • Asset Writedowns and Impairment for Q3 2024 came in at -$741000.0, up 71.25% year-over-year; the trailing twelve-month figure through Sep 2024 was -$13.7 million (down 110.69% YoY), and the FY2025 annual result was $8.5 million, changed N/A from the prior year.
  • Asset Writedowns and Impairment was -$741000.0 for Q3 2024 at Rythm, down from -$677000.0 in the prior quarter.
  • Over five years, Asset Writedowns and Impairment peaked at $69.9 million in Q2 2022 and troughed at -$11.9 million in Q4 2023.
  • Average Asset Writedowns and Impairment over 3 years is $14.4 million, with a median of -$709000.0 recorded in 2024.
  • Year-over-year, Asset Writedowns and Impairment plunged 117.28% in 2023 and jumped 71.25% in 2024.
  • Over 3 years, Asset Writedowns and Impairment stood at $68.9 million in 2022, then tumbled by 117.28% to -$11.9 million in 2023, then surged by 93.78% to -$741000.0 in 2024.
  • Per Business Quant data, the three most recent Asset Writedowns and Impairment figures were -$741000.0 in Q3 2024, -$677000.0 in Q2 2024, and -$415000.0 in Q1 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Altria 66.91 Bn 63.43 Bn 3.51 Bn
2 RLX Technology 2.38 Bn 1.75 Bn 73.10 Mn
3 Turning Point Brands 1.68 Bn 1.51 Bn 68.30 Mn
4 Universal 1.30 Bn 1.29 Bn 98.47 Mn
5 Ispire Technology 65.31 Mn 47.02 Mn 1.99 Mn
6 Rythm 54.80 Mn 21.54 Mn 10.40 Mn
7 Greenlane Holdings 9.60 Mn -28.63 Mn 217,000.00
8 VPR Brands 4.59 Mn 1.87 Mn 138,574.00
9 Lftd Partners 2.96 Mn 873,406.64 -1.71 Mn
10 22nd Century 128,296.63 -9.42 Mn -636,000.00

Historic Data

Download Data
DateValue
Sep 30, 2024 -741,000.00
Sep 30, 2024 -741,000.00
Jun 30, 2024 -677,000.00
Jun 30, 2024 -677,000.00
Mar 31, 2024 -415,000.00
Mar 31, 2024 -415,000.00
Dec 31, 2023 -11.91 Mn
Dec 31, 2023 -11.91 Mn
Sep 30, 2023 -2.58 Mn
Sep 30, 2023 -2.58 Mn
Dec 31, 2022 68.94 Mn
Dec 31, 2022 68.94 Mn
Sep 30, 2022 -7.66 Mn
Sep 30, 2022 -7.66 Mn
Jun 30, 2022 69.90 Mn
Jun 30, 2022 69.90 Mn