Star Bulk Carriers (SBLK) Asset Writedowns and Impairment (2009 - 2024)

Star Bulk Carriers (SBLK) reported Asset Writedowns and Impairment of -$1.8 million for Q4 2024, up 82.25% year-over-year from -$987681.3 in Q1 2024, and up 60.89% quarter-over-quarter from -$4.6 million in Q3 2024.

Star Bulk Carriers (SBLK) Asset Writedowns and Impairment (2009 - 2024) Analysis & Trends

Star Bulk Carriers (SBLK) has 14 years of Asset Writedowns and Impairment data on file, last reported at -$1.8 million in Q4 2024.

  • Asset Writedowns and Impairment for Q4 2024 came in at -$1.8 million, up 82.25% year-over-year; the trailing twelve-month figure through Dec 2024 was -$3.2 million (up 45.42% YoY), and the FY2024 annual result was -$1.8 million, down 110.09% from the prior year.
  • Asset Writedowns and Impairment improved to -$1.8 million in Q4 2024 per SBLK's latest filing, from -$4.6 million in the prior quarter.
  • Over five years, Asset Writedowns and Impairment peaked at $7.7 million in Q1 2023 and troughed at -$14.9 million in Q3 2022.
  • A 5-year average of -$2.3 million and a median of -$1.5 million in 2020 frame the typical range for Asset Writedowns and Impairment.
  • The sharpest annual moves came in 2020 and 2023: Asset Writedowns and Impairment plunged 1050.61% in 2020, then surged 94.48% in 2023.
  • A 5-year view of Asset Writedowns and Impairment shows it stood at -$509000.0 in 2020, then jumped by 52.85% to -$240000.0 in 2021, then slumped by 910.42% to -$2.4 million in 2022, then slumped by 318.06% to -$10.1 million in 2023, then soared by 82.25% to -$1.8 million in 2024.
  • Business Quant data shows SBLK's Asset Writedowns and Impairment at -$1.8 million in Q4 2024, -$4.6 million in Q3 2024, and $3.2 million in Q1 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 C3is 744.65 Bn 744.65 Bn 9.11 Mn
2 Kirby 7.86 Bn 7.78 Bn 291.34 Mn
3 Matson 5.69 Bn 5.59 Bn -
4 Hafnia 3.63 Bn 3.52 Bn 152.41 Mn
5 Star Bulk Carriers 3.14 Bn 3.13 Bn 371.22 Mn
6 ZIM Integrated Shipping Services 3.12 Bn 1.01 Bn 57.20 Mn
7 Costamare 1.93 Bn 1.42 Bn -
8 Navios Maritime Partners 1.87 Bn 1.47 Bn 262.01 Mn
9 Global Ship Lease 1.37 Bn 1.37 Bn -
10 Capital Clean Energy Carriers 1.33 Bn 792.93 Mn 78.44 Mn

Historic Data

Download Data
DateValue
Dec 31, 2024 -1.80 Mn
Dec 31, 2024 -1.80 Mn
Sep 30, 2024 -4.60 Mn
Sep 30, 2024 -4.60 Mn
Mar 31, 2024 3.22 Mn
Mar 31, 2024 3.22 Mn
Dec 31, 2023 -10.14 Mn
Dec 31, 2023 -10.14 Mn
Sep 30, 2023 -822,000.00
Sep 30, 2023 -822,000.00
Jun 30, 2023 -2.58 Mn
Jun 30, 2023 -2.58 Mn
Mar 31, 2023 7.70 Mn
Mar 31, 2023 7.70 Mn
Dec 31, 2022 -2.43 Mn
Dec 31, 2022 -2.43 Mn
Sep 30, 2022 -14.90 Mn
Sep 30, 2022 -14.90 Mn
Dec 31, 2021 -240,000.00
Dec 31, 2021 -240,000.00