Growth Metrics

Seadrill (SDRL) Asset Writedowns and Impairment (2017 - 2022)

Seadrill recorded quarterly Asset Writedowns and Impairment of $1.0 million in Q4 2022, up 200.0% quarter-over-quarter from -$1.0 million in Q1 2022, and down 99.46% year-over-year from $186.0 million in Q4 2021.

Seadrill's Asset Writedowns and Impairment history runs 5 years deep, the most recent figure standing at $1.0 million for Q4 2022.

  • In Q4 2022, Asset Writedowns and Impairment fell 99.46% year-over-year to $1.0 million; the TTM figure through Dec 2022 stood at $186.0 million (up 107.38% YoY), while the FY2025 annual figure was $22.0 million, changed N/A from the prior year.
  • Asset Writedowns and Impairment came in at $1.0 million for Q4 2022 at Seadrill, up from -$1.0 million in the prior quarter.
  • In the past five years, Asset Writedowns and Impairment ranged from a high of $1.2 billion in Q1 2020 to a low of -$2.9 billion in Q4 2020.
  • A 4-year average of -$243.3 million and a median of $1.0 million in 2022 frame the typical range for Asset Writedowns and Impairment.
  • Across the five-year window, Asset Writedowns and Impairment surged 106.51% in 2021 and tumbled 99.46% in 2022, its largest moves.
  • Seadrill's Asset Writedowns and Impairment stood at -$414.0 million in 2018, then tumbled by 590.1% to -$2.9 billion in 2020, then soared by 106.51% to $186.0 million in 2021, then sank by 99.46% to $1.0 million in 2022.
  • According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $1.0 million, -$1.0 million, and $186.0 million for Q4 2022, Q1 2022, and Q4 2021 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Precision Drilling 157.47 Bn 157.41 Bn 120.82 Mn
2 Noble 8.34 Bn 7.67 Bn 755.58 Mn
3 Transocean 7.55 Bn 6.94 Bn 475.00 Mn
4 Patterson Uti Energy 4.63 Bn 4.30 Bn 535.85 Mn
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn
9 Borr Drilling 1.48 Bn 1.10 Bn -

Historic Data

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DateValue
Dec 31, 2022 1.00 Mn
Dec 31, 2022 1.00 Mn
Feb 22, 2022 -1.00 Mn
Feb 22, 2022 -1.00 Mn
Dec 31, 2021 186.00 Mn
Dec 31, 2021 186.00 Mn
Jun 30, 2021 152.00 Mn
Jun 30, 2021 152.00 Mn
Dec 31, 2020 -2.86 Bn
Dec 31, 2020 -2.86 Bn
Mar 31, 2020 1.23 Bn
Mar 31, 2020 1.23 Bn
Jun 30, 2018 -414.00 Mn
Jun 30, 2018 -414.00 Mn
Dec 31, 2017 -696.00 Mn
Dec 31, 2017 -696.00 Mn