Rythm (RYM) Asset Writedowns and Impairment (2022 - 2024)
Rythm (RYM) reported Asset Writedowns and Impairment of -$741000.0 for Q3 2024, up 71.25% on a YoY basis from -$432711.8 in Q4 2023, and down 9.45% quarter-over-quarter from -$677000.0 in Q2 2024.
Rythm (RYM) Asset Writedowns and Impairment (2022 - 2024) Analysis & Trends
Rythm has reported Asset Writedowns and Impairment for 3 years, with the latest figure at -$741000.0 in Q3 2024.
- For the quarter ending Q3 2024, Asset Writedowns and Impairment rose 71.25% year-over-year to -$741000.0; the trailing twelve-month figure through Sep 2024 stood at -$13.7 million (down 110.69% YoY), and the FY2025 full-year result was $8.5 million, changed N/A from the prior year.
- Asset Writedowns and Impairment for Q3 2024 stood at -$741000.0, down from -$677000.0 in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $69.9 million in Q2 2022, with the low at -$11.9 million in Q4 2023.
- Historically, Asset Writedowns and Impairment has averaged $14.4 million across 3 years, with a median of -$709000.0 in 2024.
- Annual changes were most pronounced in 2023 — Asset Writedowns and Impairment slumped 117.28% — and 2024, when it surged 71.25%.
- Rythm's Asset Writedowns and Impairment stood at $68.9 million in 2022, then plunged by 117.28% to -$11.9 million in 2023, then surged by 93.78% to -$741000.0 in 2024.
- The last three Asset Writedowns and Impairment figures came in at -$741000.0 (Q3 2024), -$677000.0 (Q2 2024), and -$415000.0 (Q1 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 277.78 Bn | 274.30 Bn | 6.91 Bn |
| 2 | Altria | 120.77 Bn | 117.29 Bn | 3.51 Bn |
| 3 | British American Tobacco p.l.c | 45.84 Bn | 40.53 Bn | - |
| 4 | Turning Point Brands | 1.66 Bn | 1.49 Bn | 68.30 Mn |
| 5 | Universal | 1.35 Bn | 1.30 Bn | 98.47 Mn |
| 6 | RLX Technology | 355.86 Mn | -269.04 Mn | 73.10 Mn |
| 7 | Ispire Technology | 97.40 Mn | 79.11 Mn | 1.99 Mn |
| 8 | Rythm | 54.37 Mn | 21.11 Mn | 10.40 Mn |
| 9 | Greenlane Holdings | 11.69 Mn | -26.54 Mn | 217,000.00 |
| 10 | 22nd Century | 2.50 Mn | -7.04 Mn | -636,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |