Sweetgreen (SG) Asset Writedowns and Impairment (2021 - 2023)
Sweetgreen (SG) posted Asset Writedowns and Impairment of $190000.0 for Q1 2023, down 72.74% sequentially from $697000.0 in Q4 2022, and up 1017.65% YoY from $17000.0 in Q1 2022.
Analysis
Sweetgreen (SG) Asset Writedowns and Impairment (2021 - 2023) Analysis & Trends
Sweetgreen has reported Asset Writedowns and Impairment for 3 years, with the latest figure at $190000.0 in Q1 2023.
- Quarterly Asset Writedowns and Impairment rose 1017.65% year-over-year to $190000.0 in Q1 2023, while the trailing twelve-month figure through Mar 2023 was $2.6 million (changed N/A YoY) and the FY2025 annual result came in at $11.6 million, up 529.75% from the prior year.
- Asset Writedowns and Impairment slipped to $190000.0 in Q1 2023 per SG's latest filing, from $697000.0 in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at $4.4 million in Q3 2021 and troughed at $17000.0 in Q1 2022.
- A 3-year average of $1.3 million and a median of $598500.0 in 2021 frame the typical range for Asset Writedowns and Impairment.
- The sharpest annual moves came in 2022 and 2023: Asset Writedowns and Impairment slumped 61.65% in 2022, then jumped 1017.65% in 2023.
- Over 3 years, Asset Writedowns and Impairment stood at $500000.0 in 2021, then surged by 39.4% to $697000.0 in 2022, then sank by 72.74% to $190000.0 in 2023.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $190000.0, $697000.0, and $1.7 million for Q1 2023, Q4 2022, and Q3 2022 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Mcdonalds | 181.46 Bn | 180.64 Bn | 6.42 Bn |
| 2 | Starbucks | 119.15 Bn | 115.53 Bn | 6.49 Bn |
| 3 | Chipotle Mexican Grill | 47.22 Bn | 46.55 Bn | 2.35 Bn |
| 4 | Yum Brands | 41.34 Bn | 40.66 Bn | 1.47 Bn |
| 5 | Restaurant Brands International | 27.92 Bn | 26.86 Bn | 1.89 Bn |
| 6 | Darden Restaurants | 25.01 Bn | 24.79 Bn | 3.68 Bn |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn |
| 8 | Yum China Holdings | 15.19 Bn | 13.80 Bn | 2.22 Bn |
| 9 | Texas Roadhouse | 12.42 Bn | 12.22 Bn | 1.44 Bn |
| 10 | Sweetgreen | 815.05 Mn | 672.42 Mn | 25.18 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 26, 2023 | 190,000.00 |
| Dec 25, 2022 | 697,000.00 |
| Sep 25, 2022 | 1.69 Mn |
| Mar 27, 2022 | 17,000.00 |
| Dec 26, 2021 | 500,000.00 |
| Sep 26, 2021 | 4.42 Mn |