Safehold (SAFE) Asset Writedowns and Impairment (2011 - 2022)
Safehold's (SAFE) quarterly Asset Writedowns and Impairment came in at $13.3 million in Q4 2022, up 1334200.0% year-on-year from N/an in Q4 2021, and up 654.58% on a QoQ basis from $1.8 million in Q2 2022.
Safehold (SAFE) Asset Writedowns and Impairment (2011 - 2022) Analysis & Trends
Safehold (SAFE) has 12 years of Asset Writedowns and Impairment data on file, last reported at $13.3 million in Q4 2022.
- On a quarterly basis, Asset Writedowns and Impairment rose 1334200.0% year-over-year to $13.3 million in Q4 2022; TTM through Dec 2022 was $15.1 million, a 2131.76% increase from a year earlier, with the FY2022 full-year figure at $15.1 million, up 2128.47% from the prior year.
- Asset Writedowns and Impairment for Q4 2022 stood at $13.3 million, up from $1.8 million in the prior quarter.
- Over the last five years, Asset Writedowns and Impairment for SAFE reached as high as $135.9 million in Q4 2018 and fell as low as -$700000.0 in Q4 2020.
- Historically, Asset Writedowns and Impairment has averaged $12.0 million across 5 years, with a median of $1.8 million in 2022.
- Across the five-year window, Asset Writedowns and Impairment slumped 111.68% in 2020 and jumped 1334200.0% in 2022, its largest moves.
- Year by year, Asset Writedowns and Impairment stood at $135.9 million in 2018, then tumbled by 95.59% to $6.0 million in 2019, then slumped by 111.68% to -$700000.0 in 2020, then jumped by 99.86% to -$1000.0 in 2021, then soared by 1334200.0% to $13.3 million in 2022.
- Per Business Quant data, the three most recent Asset Writedowns and Impairment figures were $13.3 million in Q4 2022, $1.8 million in Q2 2022, and -$1000.0 in Q4 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vici Properties | 28.12 Bn | 27.64 Bn | 1.01 Bn |
| 2 | W. P. Carey | 16.60 Bn | 16.61 Bn | 434.82 Mn |
| 3 | Broadstone Net Lease | 4.29 Bn | 4.40 Bn | - |
| 4 | American Assets Trust | 1.47 Bn | 1.41 Bn | - |
| 5 | Safehold | 1.15 Bn | -2.44 Bn | 109.54 Mn |
| 6 | Empire State Realty Trust | 930.17 Mn | 1.66 Bn | - |
| 7 | Cim | 917.30 Mn | 735.54 Mn | - |
| 8 | JBG SMITH Properties | 855.38 Mn | 1.35 Bn | - |
| 9 | CTO Realty Growth | 725.13 Mn | 725.13 Mn | 31.01 Mn |
| 10 | Gladstone Commercial | 618.64 Mn | 788.68 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 13.34 Mn |
| Dec 31, 2022 | 13.34 Mn |
| Jun 30, 2022 | 1.77 Mn |
| Jun 30, 2022 | 1.77 Mn |
| Dec 31, 2021 | -1,000.00 |
| Dec 31, 2021 | -1,000.00 |
| Sep 30, 2021 | 421,000.00 |
| Sep 30, 2021 | 421,000.00 |
| Mar 31, 2021 | 257,000.00 |
| Mar 31, 2021 | 257,000.00 |
| Dec 31, 2020 | -700,000.00 |
| Dec 31, 2020 | -700,000.00 |
| Jun 30, 2020 | 4.78 Mn |
| Jun 30, 2020 | 4.78 Mn |
| Mar 31, 2020 | 1.71 Mn |
| Mar 31, 2020 | 1.71 Mn |
| Dec 31, 2019 | 6.00 Mn |
| Dec 31, 2019 | 6.00 Mn |
| Jun 30, 2019 | 1.10 Mn |
| Jun 30, 2019 | 1.10 Mn |