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| Date | Value |
|---|---|
| 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 |